Nasir Umar Resigns from Transcorp

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-One of Nigeria’s largest conglomerates, Transnational Corporation of Nigeria Plc (Transcorp) Monday announced the resignation of Alhaji Mohammed Nasir Umar from its Board.

In a notice to the Nigerian stock exchange (NSE) Transcorp said that sequel to its board of directors’ (BODs) meeting held on March 31, 2014 the board unanimously accepted the resignation of Umar.

In the same vein, at the meeting, Abdulquadir Jeli Bello was appointed to the board of the company with effect from April 01, 2014.

‘’This was unanimously approved subject to the approval of the shareholders,’’ the notice said.

Bello B.Sc., ACA, FICA was born on July 13, 1962. He holds B.Sc. in Accounting from Bayero University, Kano (1984) and an ACA Certificate from the Institute of Chartered Accountants of Nigeria (CAN). He also has a certificate in Science, Technology and Society in Foundations of Nigeria Culture.

He began his working career as an Audit Assistant from Deloitte Adetona Isichei & Co (1985 – 1988) before joining Gamji Bank of Nigeria Plc (International Trust Bank Plc) where he spent 8 years (1988 – 1996) rising from Special Assistant to the Chief Executive to becoming the Manager/Branch Manager, Abuja Office; charged with the responsibilities of Branch Marketing, Operations and Credit Management among other responsibilities.

In 1996, he joined the United Bank for Africa Plc (UBA) as a Senior Manager, Commercial Credit Assessment and became a Principal Manager/Head of Individual Assessment (1998 – 2001). Between January 2002 to August 2012, Bello occupied several key positions in the bank: Assistant General Manager/Head, Credit Processing and Analysis/Assistant to Head of Credit Risk Management – 2005, Deputy General Manager/Deputy Chief Credit Officer (DCCO) – 2006, General Manager/Chief Credit Officer (CCO) – 2009, Executive Director, North – 2009, and the Executive Director, Risk Management – 2011.

He has attended many courses both within and outside Nigeria. Among which are: Corporate Banking Strategy, Prague, Czech Republic organised by Euromoney Training EMEA, Advance Project Finance – Lagos Nigeria, International Oil Supply, Transportation, Refining and Trading – Oxford, United Kingdom among others. He was the Executive Director UBA Plc, Far North prior to this appointment. He is married and a Nigerian by nationality.

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