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COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off Obafemi Awolowo way, Utako Abuja [email protected] www.jaiztakafulinsurance.com

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Page 1: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

COMPANY PROFILE

JAIZ TAKAFUL INSURANCE PLC

Head Office

Plot 1054 O.P Fingesi Street Off

Obafemi Awolowo way,

Utako Abuja

[email protected]

www.jaiztakafulinsurance.com

Page 2: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

_____________________________________________________________________________

EXECUTIVE SUMMARY

Company: JAIZ TAKAFUL INSURANCE PLC

Corporate Head Office: Impresit Bakolori Building (Ground Floor)

Plot No. 1054, O. P. Fingesi Street,

Off Obafemi Awolowo Way, Cadastral Zone B05

Utako District, Abuja

P.O. Box 2271, Area 10 Garki

Abuja – Nigeria.

Tel: +234 903 775 4004, +234 809 552 2144

Email: [email protected]

Website: www.jaiztakafulinsurance.com

Branch Offices: Lagos, Kano & Kaduna.

Date of incorporation: 31st January, 2014

Issuance of License: 19th August, 2016

Scope of Business: All Classes of General and Family Takaful Insurance.

Page 3: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Management Philosophy: To turn our Customers Voluntarily into our best salesmen by providing Customer-Oriented Quality Services.

Slogan: Caring and Sharing … A Bond beyond Insurance

Mission Statement: Jaiz Takaful Insurance Plc – Providing a Bond beyond Insurance – A Company that cares, shares and above all grows with its Employees and Stakeholders; ethically covering all Insurable Risk on the basis of mutual benefits.

Vision: Jaiz Takaful Insurance Plc is striving to be the Leader in ethical Finance and Wealth Management.

Authorized Share Capital: N1,300,000,000.00 (One Billion, Three Hundred Million Naira) Only

_______________________________________________________________________________

COMPANY STRUCTURE

The Company is a Public Liability Company and its policies are formulated by seasoned business icons in their various fields led by Alhaji Abidu R. Yazid (OON). Whilst the implementation of such policies is fully carried out by an experienced and professional management team led by the Chief Executive Officer of the company.

_______________________________________________________________________________

Page 4: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

BOARD, ACE AND MANAGEMENT

Our Board of Directors .

BOARD OF THE DIRECTORS

The general policies and direction of the company are determined by indigenous directors of proven track record and integrity in their various business endeavors. They are all renowned practitioners in their various fields.

1. Alhaji Abidu R Yazid, OON Chairman 2. Ibrahim Usman Shehu Managing Director/CEO 3. Sabiu Bello Abubakar ED (Ops & Training) 4. Engr. Abubakar Garba Muhammad Director 5. Sheikh Adam Abdullah Idoko Director 6. Imam Abdullahi Shuaib Director 7. Hajiya Zainab Abdurrahman Director

Our Advisory Council of Experts (ACE) .

The ACE is the committee of Skilled and Professional Sharia’ah Scholars in Islamic Jurisprudence, Takaful, Finance and Insurance. The members of ACE comprise of renowned Shari’ah experts in Islamic Finance and Takaful.

1. Professor Muhammad Nasir Maiturare Member 2. Professor Muhammad Bello Uthman Member 3. Professor Sulaiman Abdullahi Karwai Member

Page 5: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Our Management Team .

1. Ibrahim Usman Shehu Managing Director/CEO

2. Sabiu Bello Abubakar Executive Director (Operations & Training)

3. Mustapha Shehu Head, Marketing

4. Abdulrahman Abubakar Head, Finance and Accounts

5. Abdulkarim Yahya Chief Compliance Officer/ Head, Internal Audit

6. Abiodun A. Agbabiaka Head, Family Takaful

7. Raji Isiaka Head, General Takaful

8. Anas Ibrahim Zango Head, Corporate Services

9. Daniel Okache Omenka Head, IT

10. Umar Jibril Company Secretary/Legal Adviser

Page 6: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Mallam Abidu R. Yazid, OON-Chairman

Mallam Abidu R. Yazid, OON is a seasoned economist of

outstanding repute. He is graduate of Economics from the world

class London University of Economics and Political Science (LSE)

and holds a Master’s degree in Development Economics from the

University of East Anglia, Norwich.

He started his career as a teacher in Barewa College, Zaria from

1965 to 1968 and moved to the Ministry of Finance & Economic

Planning, North Central State (Kaduna) as a Planning Economist from 1968 to 1973. In-

between (1966 to 1971), he was an occasional Lecturer at the Kaduna State Polytechnic.

Mallam Yazid was seconded to the New Nigerian Development Company Limited (NNDC)

as Controller of Operations from 1973 to 1975. He was then appointed Permanent Secretary

responsible for Economic & Political Affairs from 1975 to 1979 and later rose to the position

of Secretary to the Government and Head of Civil Service in Kaduna State from 1979 to

1981. He is the founder of Phoenix Investment Services

Mallam Yazid has held several Board positions including President, Kaduna State Chamber

of Commerce, Industry, Mines and Agriculture; Chairman, Kaduna State Cooperative Bank

(Nigeria Universal Bank Ltd); Chairman, Northern Nigeria Investments Ltd, Chairman, Arab

Bank Ltd; Chairman, Nigeria Cotton Board; Chairman, Katsina State Economic

Development Committee, Member, Vision 20-20-20 among others.

He is the current Chairman of Jaiz Takaful Insurance Plc and a recipient of the award of the

Officer of the Order of Niger, OON.

Hajiya Zainab Abdurrahman – Director: Holds an honours

degree in Economics from the prestigious Ahmadu Bello

University (ABU), Zaria specializing in Finance, Operations

Research, Statistics, Project Evaluation, Accounting and

Economic Analysis. She joined the Nigerian National Petroleum

Corporation (NNPC) in 1979 where she held a number of

increasing leadership responsibilities, including Managing

Director; Group General Manager of NNPC Retail

Limited in charge of NNPC Petrol Stations – Land and Floating;

General Manager, Investment Division; Manager Domestic

Investment and Finance; and Head, Domestic and

International Investments.

Hajiya Abdurrahman has won the Group Managing Directors Merit Award on three

occasions and received letters of commendation for her performance including

commendation from the organization’s board. She represented NNPC interests on the

board of several oil service companies and international oil trading joint venture companies

for several years.

BOARD OF DIRECTORS

Page 7: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Hajiay Zainab Abdurrahman Chairs the Audit Committee of the Board. She is currently the

CEO of Zinley Energy Services and a Board member of some other companies. She

continues to have keen interest in the Oil and Gas industry and the economy in general.

She resides in Nigeria.

Garba Abubakar Muhammad - Director : Holds a Masters Degree in

Business Administration (MBA) from the Usmanu Danfodio University,

Sokoto which he obtained in 1994. He had earlier obtained his first

Degree in Chemical Engineering from the Ahmadu Bello University,

Zaria in 1989 after which he participated in the mandatory National

Youth Service Scheme at Ibadan Oyo State from 1989 to 1990. He

started his working career with the Sokoto State Investments

Company Limited from 1990 to 1998, rising from the rank of

Investments Executive to the rank of Principal Manager and Deputy Head of Projects &

Investments Department. He also coordinated several Sokoto State Government owned

industrial projects and programmes during the eight-year period. He thereafter worked

briefly with the National Economic Reconstruction Fund (NERFUND), Abuja as an Assistant

Manager in the Funds Disbursements and Monitoring Department from 1998 to 1999.

He was later recalled back to his home State of Zamfara and appointed as the pioneer

Managing Director / C.E.O. of the Zamfara State Investments and Property Development

Company in July, 1999 and by extension the Chief Investments Adviser to the State

Government. He was at the same time the representative of the State Government on the

Boards of all Companies and subsidiaries in which the State held substantial shareholding

or Investments. In August, 2003 he was redeployed to the State Board of Internal Revenue

as the Chairman / C.E.O. and also represented the State on the National Joint Tax Board

during the same period. He was similarly a member of the State Local Governments Joint

Revenue Allocation Committee. In May, 2006 he was again redeployed to the Zamfara

State Integrated Rural Development Agency (ZASIDEP), a four -year comprehensive

development programme jointly funded by the state government and the fourteen local

governments of the state; as the Programme Coordinator/CEO.

In January, 2007 he was appointed and sworn-in to the exalted position of Honourable

Commissioner for Special Duties and member of the Zamfara State Executive Council. As

Commissioner he continued to supervise the ZASIDEP Programme as well as the Projects

Implementation Advisory Department in the Executive Governor’s Office. He served in that

capacity till the end of the life of that administration in May, 2007. He was again re-

appointed into the State Cabinet in June 2007 by the newly inaugurated administration as

an Honourable Special Adviser to the Governor on Information and Communications

Technology and served in that position till May, 2011. Prior to his appointment as Executive

Director in JTI Plc on 03/03/2016, he had explored the area of International Development

Partnership as the State Coordinator in charge of Katsina and Zamfara States of the

ENHANCING NIGERIAN ADVOCACY FOR A BETTER BUSINESS ENVIRONMENT (ENABLE2), a

business environment reform programme funded by the United Kingdom Department for

International Development (DFID), which is being implemented by Adam Smith

International, from August 2014 to March 2016.

Page 8: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

He was also the Project coordinator of the Zamfara State Integrated Mining & Minerals

Processing Plant while he also served in many important standing and adhoc committees

in the state. He is a member of some professional bodies which include the Nigerian

Society of Engineers, Institute of Directors of Nigeria, the Nigerian Society of Chemical

Engineers and the Nigerian Institute of Management. He has served on the Boards of

Kaduna Textile Ltd, Jaiz International Plc, the Jaiz Charity & Development Foundation, El-

Jaiz Investments & Services Limited and Jaiz Takaful Insurance Plc prior to his appointment

as the Executive Director Finance & Administration in JTI.

Garba is the current MD/CEO of El-Jaiz Investments & Services Limited and a non-executive

Director in JTI Plc. He is happily married with children.

Sheikh Adam Abdullahi Idoko – Director: Attended Islamic

University of Madina, Kingdom of Saudi Arabia from the year 1980

to 1984. Sheikh Adam Abdullahi Idoko attended many trainings;

workshops and seminars on Arabic; Hajj management; Da’awah

and Dialogue; Peace Building and Conflict Resolution Strategies,

etc. Sheikh Abdullahi Adam Idoko is presently the Chief Imam of

Central Mosque, University of Nigeria, Nsukka; Director, Islamic

Education Peace and Development Centre, Enugu Ezike, Enugu State; he is the Chairman,

Enugu State Muslim Council; Part-time Member, National Hajj Commission of Nigeria; Vice

President General, Nigerian Supreme Council for Islamic Affairs and Jama’atu Nasril Islam,

Enugu State; President General, League of Islamic Scholars and Missionaries of Eastern

Nigeria; Deputy Secretary General, Council of Ulama of Nigeria. But before then he held

many positions among which are: Chairman, Enugu State Muslim Pilgrims Welfare Board,

1992 to 1995; Secretary, Anambra State Muslim Pilgrims Welfare Board, 1988 to 1992; Sheikh

Idoko has membership of many organizations within and at Diaspora some of which are:

Member National Political Reform, Abuja (2005); Member, Abuja National Mosque

Management Board; Member, Nigerian Inter-Religious Council; Member, Peace Building

and Conflict Resolution Committee; Board Member, National Da’awah Coordination

Council and Board Member, International Islamic Relief Organization, Saudi Arabia. Sheikh

Adam Abdullhi Idoko is married with children

Dr Imam Abdullahi Shuaib – Director: Is currently the Chief

Executive Officer of Jaiz Charity and Development Foundation,

Abuja.

He holds a Bachelor’s Degree in Political Science, Masters in

Political Science (Public Administration) from the University of

Lagos, Akoka and a PhD at Loughborough University,

Leicestershire, United Kingdom (Specialising in Islamic Social

Finance - Zakah, Awqaf, Sadaqah, Social Services and NGOs). He also attended Arabic

Language proficiency course at the International University of Africa, Khartoum – Sudan

and a professional workshop training course in Interfaith Conflict Resolution & Reflective

Structured Dialogue at the University of Massachusetts, Boston – USA.

Dr Shuaib is a FELLOW of the following professional and development institutions: Institute of

Islamic Finance Professionals, Association of African Entrepreneurs of Nigeria, Institute of

Page 9: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Management Consultants of Nigeria, Institute of Classic Entrepreneurship, Certified Public

Administrators of England and Wales and Civilian Institute of Democratic Administration.

He is also a Certified Public Administrator, England and Wales, Certified Management

Consultant, Nigeria, Associate Member of Chartered Nigerian Institute of Management,

Nigeria, Member of International Center for Ethno-Religious Mediation, New York, USA and

Registered Professional of Financial Reporting Council of Nigeria

Dr Shuaib is an Inductee of the International WHO’S WHO of Professionals by the

International WHO’S WHO Historical Society (IWWHS), Washington, DC, USA.

He is a Board/Committee Member of the El-Jaiz Investments and Services Limited,

Abuja, Jaiz International Halal Certification Limited, Abuja, Advisor, Halal Certification

Authority, Lagos, Vice Chairman, Association of Zakat and Waqf Operators in Nigeria

(AZAWON), Co-Chairman, Nigeria Inter-religious Council (NIREC), Lagos State

Chapter, Coordinator, Conference of Islamic Organizations (CIO) Lagos

State, Chairman, Shura Committee of The Muslim Congress (TMC), Deputy Grand

Imam, TMC, Imam, Ruxton Masjid, Ikoyi, Lagos , Member, Governing Council, Institute of

Islamic Finance Professionals, Member, Advisory Board, Institute of Classics

Entrepreneurship, Member, Governing Council, Abdul-Lateef Centre for Qur’anic

Memorization and Arabic Studies.

He was a former Executive Secretary/CEO, Jaiz Zakat and Waqf Trust Fund,

Abuja; Executive Director/CEO, Zakat and Sadaqat Foundation, Lagos; Pioneer Director,

Human Resources, Global Union for Zakat Rite (GUZR), Sudan.; Regional Head (Southwest

Nigeria), Penman Pensions Limited; Executive Secretary, Nigeria-Arab Association/Nigeria-

Arab Chamber of Commerce and Industry, Lagos; Executive Director, Centre for Peace

Initiative (CPI), Lagos; Lecturer, Ansar-Ud-Deen College of Education, Isolo, Lagos; Adjunct

Lecturer, Lagos State University (LASU), Ikoyi External Campus. Etcetera.

He is widely traveled within and outside the country. He is happily married with children.

Ibrahim Usman Shehu – Managing Director / CEO: Mr.

Ibrahim U. Shehu is a graduate of Statistics from the University

of Maiduguri and also an associate member of the Chartered

Insurance Institute of Nigeria (CIIN). A consummate

professional, Mr. Shehu is also an associate member of the

Chartered institute of Marketers of Nigeria as well as a fellow

Chartered Institute of Loans and Risk Management of Nigeria. He is a thorough bred professional in Insurance practice

spanning over two decades. He has uninterrupted insurance

working experience which began in the famous former NICON

Insurance Corporation to the reputable UnityKapital

Assurance Plc to MD/CEO in Noor Takaful Plc and now the

MD/CEO of JAIZ Takaful Insurance Plc. Mr. Shehu is bringing to the fore over two-decade

work experience in Senior Management, Marketing, underwriting of both Life and General

business, branch Management as well as retail marketing.

He has held various management positions in the course of his career which includes

branch Manager, Zonal Head, Head of Marketing of UnityKapital countrywide Mr. Shehu

has attended many trainings, workshops, conferences and seminars both locally and

Page 10: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

abroad, the recent of which was the training at Lloyds in London, Takaful Operations

training at the Kenya School of Monetary Studies, Takaful and Retakaful Conference in

Kenya and other Islamic Finance workshops and training on Banking, Takaful and Islamic

Capital Market by Islamic Financial Services Board (IFSB), Takaful Workshop with Al-Huda

Centre for Islamic Banking & Economics, Islamic Banking and Finance Institute of Nigeria

and Sukuk Structurization and Management.

Sabiu Bello Abubakar - ED Operations & Training: Sabiu Bello

Abubakar joined Jaiz Takaful Insurance Plc as Executive

Director (Operations & Training) in November, 2017. He is a

Fellow of both Chartered Insurance Institute of Nigeria (CIIN)

and Chartered Insurance Institute of London as well as

Associate Member of Nigeria Institute of Management

(AMNIM). He graduated from Usmanu Danfodiyo University,

Sokoto with Bachelor Degree in Education and has a Master’s

degree in Business Administration (MBA) in Finance from the

Bayero University Kano. Having 25 years work experience in the

Insurance industry serving in various capacities, he started his working career with NICON

Insurance Corporation and worked in a number of other insurance institutions in Nigeria.

Prominent among them are Industrial & General Insurance Company (IGI), Cornerstone

Insurance Plc and the National Insurance Commission (NAICOM). A prominent advocate

and facilitator of financial inclusion in Nigeria particularly Takaful and Micro Insurance, with

special skill in business ethics and development. Mr. Abubakar has verse experience in

insurance regulation, Oil and Energy Insurance, Reinsurance and Insurance product

development and design. At NAICOM he was head Market Development and chaired

many Committees such as Insurance of Government Strategic Assets Committee and

contributed in development of many regulatory guidelines and policies. He is a

professional manager and has proven records on management. He has attended

several trainings both local and overseas.

Page 11: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Ibrahim Usman Shehu – Managing Director /CEO: Mr. Ibrahim

U. Shehu is a graduate of Statistics from the University of

Maiduguri and also an associate member of the Chartered

Insurance Institute of Nigeria (CIIN). A consummate

professional, Mr. Shehu is also an associate member of the

Chartered institute of Marketers of Nigeria as well as a fellow

Chartered Institute of Loans and Risk Management of Nigeria.

He is a thorough bred professional in Insurance practice

spanning over two decades. He has uninterrupted insurance

working experience which began in the famous former NICON

Insurance Corporation to the reputable UnityKapital

Assurance Plc to MD/CEO in Noor Takaful Plc and now the MD/CEO of JAIZ Takaful

Insurance Plc. Mr. Shehu is bringing to the fore over two-decade work experience in Senior

Management, Marketing, underwriting of both Life and General business, branch

Management as well as retail marketing.

He has held various management positions in the course of his career which includes

branch Manager, Zonal Head, Head of Marketing of UnityKapital countrywide Mr. Shehu

has attended many trainings, workshops, conferences and seminars both locally and

abroad, the recent of which was the training at Lloyds in London, Takaful Operations

training at the Kenya School of Monetary Studies, Takaful and Retakaful Conference in

Kenya and other Islamic Finance workshops and training on Banking, Takaful and Islamic

Capital Market by Islamic Financial Services Board (IFSB), Takaful Workshop with Al-Huda

Centre for Islamic Banking & Economics, Islamic Banking and Finance Institute of Nigeria

and Sukuk Structurization and Management.

Sabiu Bello Abubakar -ED Operations & Training: Sabiu Bello

Abubakar joined Jaiz Takaful Insurance Plc as Executive

Director (Operations & Training) in November, 2017. He is a

Fellow of both Chartered Insurance Institute of Nigeria (CIIN)

and Chartered Insurance Institute of London as well as

Associate Member of Nigeria Institute of Management

(AMNIM). He graduated from Usmanu Danfodiyo University,

Sokoto with Bachelor Degree in Education and has a Master’s

degree in Business Administration (MBA) in Finance from the

Bayero University Kano. Having 25 years work experience in

the Insurance industry serving in various capacities, he started his working career with

NICON Insurance Corporation and worked in a number of other insurance institutions in

Nigeria. Prominent among them are Industrial & General Insurance Company (IGI),

Cornerstone Insurance Plc and the National Insurance Commission (NAICOM). A

prominent advocate and facilitator of financial inclusion in Nigeria particularly Takaful and

Micro Insurance, with special skill in business ethics and development. Mr. Abubakar has

verse experience in insurance regulation, Oil and Energy Insurance, Reinsurance and

MANAGEMENT TEAM

Page 12: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Insurance product development and design. At NAICOM he was head Market

Development and chaired many Committees such as Insurance of Government Strategic

Assets Committee and contributed in development of many regulatory guidelines and

policies. He is a professional manager and has proven records on management. He has

attended several trainings both local and overseas.

Abiodun A. Agbabiaka – Head, Family Takaful/ Retakaful: Abiodun

A. Agbabiaka is the Head of Family Takaful of Jaiz Takaful

Insurance Plc. He is a graduate of Insurance from Lagos State

Polytechnic. He is an Associate of chartered Insurance of Nigeria

as well as that of The Certified Pension Institute of Nigeria.

He is a seasoned Insurance practitioner with an in-depth wealth of

experience in Life Assurance operation. Prior to joining Jaiz Takaful

Insurance Plc, he had worked with African Alliance Insurance Plc,

Standard Alliance Life Assurance Limited and Noor Takaful Plc as the Head of Family Takaful.

At present, he supervises Family Takaful Department which provides technical and actuarial

expertise to support business objectives. He is married and blessed with children.

Abdulkarim Yahya - Chief Compliance officer/ Internal Audit:

Abdulkarim Yahya is an alumnus of University of Maiduguri with

a Bachelor’s of Science degree in Accountancy. He is also a

Fellow of Association of National Accountants of Nigeria

(ANAN) and an Associate member of the Chartered Institute

of Taxation of Nigeria (CITN). High-Performing, strategic-

thinking professional with two decades of uninterrupted work

experience in the Insurance industry. His core competencies are in Financial Accounting,

Taxation, Debts recovery and Strategy. He commenced his career with NICON Insurance

and then moved to Unity Kapital Assurance Plc where he rose rapidly in various key positions

of escalating authority and responsibility. Before joining Jaiz Takaful Insurance Plc, he was

the Head, Audit and Chief Compliance Officer of UnityKapital Assurance Plc.

Page 13: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Abdulrahman Abubakar FCA, ACTI, MBA, - Head, Finance &

Accounts: Is a graduate of Higher National Diploma

Accountancy with Distinction in Federal Polytechnic, Nasarawa.

He is also a holder of Masters in Business Administration from

National Open University of Nigeria (NOUN). He had over a

decade experience in Insurance Industry and have worked with

NICON Insurance Ltd as Head of Payable and Receivable Unit saddle with responsibilities

of Treasury Activities. He also had worked with Unitykapital Assurance Plc as Senior Manager

Accounts and had worked all round the department which include Head of Salary,

Reconciliation, Regulatory Reports & Returns Units Etc. He has a sound knowledge in Islamic

Finance. Mr. Abdulrahman Abubakar is a Fellow of Institute of Chartered Accountants of

Nigeria (ICAN) and an Associate Member of Chartered Institute of Taxation of Nigeria. He is

happily married and blessed with children.

Umar Jibril - Company Secretary/ Legal Adviser: Is a seasoned

legal professional with over a decade of work experience

spanning the financial, media, pension, construction as well as

legal consulting industries. He started his career as Counsel at the

famous Law Firm of Messrs Buba Aliyu & Co. in Kano State in 2007

after which he joined Legacy Pension Managers Limited in Abuja,

where he rose from a Legal Assistant to Ag. Company Secretary.

He thereafter joined Leadership Newspapers Group Limited as Company Secretary/Legal

Adviser. He also had a stint as the of Head, Legal Department of Suntrust Savings and Loans

Limited (now Suntrust Bank Limited) before joining Midland Stoxx Limited where he also

worked as the Company Secretary, overseeing the activities of the Legal

Department. Jibril holds a Bachelor of Laws (LL.B. Hons) degree from the prestigious Ahmadu

Bello University (ABU) Zaria and obtained the professional certification of Barrister at Law (BL)

from the Nigerian Law School. He is presently pursuing his Master of Laws (LL.M) degree at

the University of South Wales (UK).

He is an Associate member of the Chartered Institute of Arbitrators (UK), a member of the

Nigerian Bar Association (NBA) and a Fellow of the Institute of Corporate Administration.

Jibril has attended courses both in Nigeria and abroad, amongst which are Practicing Law

Institute, New York, USA, American Management & Business Administration Institute, USA,

Virje Universiteit Brussels, Belgium, Diplomatic Academy, Vienna, Austria, Katholieke

Page 14: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

University Brussels, Belgium, Institute of Chartered Secretaries & Administrators (ICSAN) and

United Nations Institute for Training & Research (UNITAR).

Mustapha Shehu - Head Marketing: Is our Head of Marketing

Department. He is astute and skilled in marketing both Public and

Private sector of the insurance industry. He started his Insurance

career with National Insurance Corporation (NICON) in 2002. He

joined Guinea Insurance Plc as Branch Head in Kaduna in 2008 and

served as Branch Head in Abuja Office and later rose to the

position of Regional Manager North in 2012. Mustapha was employed by Unitykapital

Assurance Plc in 2016 as Senior Manager/Team Lead Public Sector, Coordinator Northern

Region. Mustapha bagged a Master degree in Public Policy and Administration (MPPA) and

B.A. (Combined Honors) from Bayero University Kano (BUK). He obtained a PGD from Nigeria

Defence Academy Kaduna in 2012. He is a Member of Chartered Insurance Institute of

Nigeria. He is IT driven with Diploma on Data Processing and Information Technology. He is

positioned to contribute immensely to any organization growth. Mustapha attended various

training local and abroad including a (30) day Seminar at Fuzho, Beijing, China in 2012. Mr.

Mustapha travelled to many parts of the world to garner his experience.

Raji Isiaka - Head General Takaful: Is a graduate of B. Sc

Economics from Bayero University, Kano. He is also a CIIN holder

and also Associate member of NIM. He has over fifteen (15) years

working experience in Insurance Industry and has worked in

various divisions of Technical department in Niger Insurance Ltd In

2008, when Niger Insurance Plc opened Eastern Regional Office

in Enugu, he was deployed as Regional Head of Underwriting and

Claims saddle with responsibilities of managing all Technical activities of the Eastern region.

Having established and put viable technical structure in Eastern Regional office, he was

transferred back to the Head office in Lagos as Assistant Manager in charge of

Reinsurance/Special Risks with the responsibilities which includes but not limited to

preparation of Bond treaty premium quarterly bordereaux, preparation of engineering

policy on various classes, processing of Claims recoveries from reinsurers on various classes

of business, processing of facultative placement on various classes, attending to the mails

relating to the above classes of business and any other job(s) assigned by the DGM

(Technical). He is an Associate Member of both Chartered Insurance Institute of Nigeria and

Nigeria Institute of Management. Raji Isiaka is happily married and blessed with children.

Page 15: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Anas Ibrahim Zango - Head of Corporate Services: Is the Head of

Corporate Services Department. He has a Master Degree in

Business Administration (MBA) and BSc. Business Administration from

Bayero University Kano. An associate member of Chartered Institute

of Personnel Management of Nigeria (CIPMN), a licensed Human

Resources Professional (HRPL), a member of Nigerian Institute of

Management (NIM). He has vast knowledge and experience in

Human Resources Management and Administration, he has worked in NICON Insurance Plc,

Unitykapital Assurance Plc and Healthcare Security Ltd. He has also served as technical

partner to Incite Consulting. Anas has over 15 years working experience in HRM. He has

attended trainings both local and overseas and he is happily married with children.

Daniel Omenka - Head Information Technology: Is a graduate of Benue

State Polytechnic, Ugbokolo in Accounting. He is a veteran Information

Technology practioner with thorough variety of experience in

Information Technology.

Until he joined Jaiz Takaful Insurance Plc, he started his IT career with

Nigerian Bottling Company, Challawa Plant, Kano State. He later joined

Asada Plastic Company Ltd, Sharada Phase II, Kano State and

UnityKapital Assurance Plc, Abuja. He has over 16years working experience in IT in both private

companies and Insurance Industry. He attainted many training on IT insurance locally and also

received Executive commendation for his contributory effort towards the successful launching

and implementation of PREMIA General Insurance Software from Unitykapital Assurance Plc. He

is happily married with children.

Page 16: COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC · COMPANY PROFILE JAIZ TAKAFUL INSURANCE PLC Head Office Plot 1054 O.P Fingesi Street Off ... 1. Professor Muhammad Nasir Maiturare Member

Our Partners .

The following are institutions we partner with on Bancatakaful as well as other mutually

beneficial relationships

Jaiz Bank Plc, is a bank in Nigeria operating under Islamic banking principles and

is a non-interest bank. It is the first non-interest bank established in Nigeria on

11th November, 2011 and is headquartered in Abuja, the capital city of the country.

As of December 2012, the bank was a medium-sized, financial services provider

in Nigeria. We partner with Jaiz Bank Plc on Bancatakaful and exchange mutually

beneficial business relationship.

TAJ Bank Ltd is the second non-interest bank in Nigeria recently licensed by

the Central Bank of Nigeria. We partner with TAJ Bank Ltd on mutually

beneficial business relationships.

Sterling Bank Plc is a full service national commercial bank licensed by the

Central Bank of Nigeria. Its shares trade under the Banking sector of the

Nigerian Stock Exchange with the symbol STERLNBANK. It operates both

conventional and Islamic banking activities. We partner with Sterling Bank

Plc (NIB) on mutually beneficial business relationships.