RESOLUTIONS PASSED AT THE 12TH ANNUAL GENERAL MEETING OF JAIZ BANK PLC
At the 12th Annual General Meeting held on 16th July 2024 at Shehu Musa Yar'adua Centre, Abuja, Jaiz Bank Plc members passed several key resolutions:
Ordinary Business:
1. Approved the Audited Financial Statements for the year ended 31st December 2023.
2. Sanctioned a final dividend of 4 kobo per share, to be paid on 16th July 2024, subject to Withholding Tax.
3. Re-elected Alh. Muhammadu Indimi and Alh. Muhammad Hadi Abdulmutallab as Non-Executive Directors.
4. Elected Alh. Ibrahim Muhammed Indimi as a Non-Executive Director.
5. Confirmed Mr. Haruna Musa (Ph.D.) as MD/CEO of the Company.
6. Authorized Directors to fix the remuneration of the Auditors.
7. Noted the Annual Remuneration of Managers of the Bank.
8. Elected members of the Bank's Audit Committee: Alh. Shehu Muhammed FCA, Alh. Muhammed Gulani Shuaibu FCA, Alh. Lawal Ibrahim Ozomata FCA, Alh. Ibrahim Indimi, and Mrs. Aisha Waziri Umar.
Special Business:
9. Fixed Directors' Fees for the financial year ending 31st December 2024 at N24 million per annum for the Chairman and N20 million per annum for every other Non-Executive Director.
At the 12th Annual General Meeting held on 16th July 2024 at Shehu Musa Yar'adua Centre, Abuja, Jaiz Bank Plc members passed several key resolutions:
Ordinary Business:
1. Approved the Audited Financial Statements for the year ended 31st December 2023.
2. Sanctioned a final dividend of 4 kobo per share, to be paid on 16th July 2024, subject to Withholding Tax.
3. Re-elected Alh. Muhammadu Indimi and Alh. Muhammad Hadi Abdulmutallab as Non-Executive Directors.
4. Elected Alh. Ibrahim Muhammed Indimi as a Non-Executive Director.
5. Confirmed Mr. Haruna Musa (Ph.D.) as MD/CEO of the Company.
6. Authorized Directors to fix the remuneration of the Auditors.
7. Noted the Annual Remuneration of Managers of the Bank.
8. Elected members of the Bank's Audit Committee: Alh. Shehu Muhammed FCA, Alh. Muhammed Gulani Shuaibu FCA, Alh. Lawal Ibrahim Ozomata FCA, Alh. Ibrahim Indimi, and Mrs. Aisha Waziri Umar.
Special Business:
9. Fixed Directors' Fees for the financial year ending 31st December 2024 at N24 million per annum for the Chairman and N20 million per annum for every other Non-Executive Director.