Jaiz Bank Plc has announced the appointment of Muhammad Nurul Islam from the Islami Bank Bangladesh Limited as its new managing director/chief executive to steer its affairs and better position the bank to realize its vision of being the 'dominant non-interest financial services provider in sub-Saharan Africa'. Until his current appointment, Nurul Islam was a deputy managing director at the Islami Bank Bangladesh. He takes over from Hassan Usman, who had been acting managing director of Jaiz Bank since April 2013.