Radda Appoints MD, Directors for State-Owned Micro-Finance Bank
Gov. Dikko Radda of Katsina State has approved the appointment of Malam Zubair Umar as the Managing Director/CEO of the state-owned Amana Micro-finance Bank.
This is contained in a statement by the state Commissioner for Information and Home Affairs, Dr. Bala Salisu-Zango, on Wednesday in Katsina.
The Governor has also approved the appointment of Malam Muttaka Badaru as the Chairman of the Board of the bank, alongside five others as Directors.
The directors are: Malik Anas, Dr Bello Muhammad, Dr. Badiyya Hassan-Mashi, Dr Muhammad Bashir-Usman and Malam Lawal Mukhtar.
Radda congratulated the appointees, enjoining them to display their expertise and wealth of experience in the discharge of their duties diligently for the bank to perform efficiently.
The bank was fully re-capitalised by Radda’s administration with an additional N800 million to augment the existing N200 million to meet the minimum capital requirement of N1 billion for state-owned Micro-finance banks to operate. Stanbic IBTC Adds Fixed Income Asset into Securities Lending Services
