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GTBank approves Olusanya’s appointment as first female managing director

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Banking, GTBank
New managing director of GTBank, Miriam Olusanya,

The Guaranty Trust Holding Company pls  (GTCO) has approved the appointment of Miriam Olusanya as the managing director of Guaranty Trust Bank Limited.

The GTCO also announced its new board of directors as well as changes to the board of its banking subsidiary, Guaranty Trust Bank Limited on Wednesday, July 14.

The company, in a statement, said: GTCO’s board will comprise Sola Oyinlola as chairman of the board, Segun Agbaje as the group chief executive officer, Adebanji Adeniyi as executive director, Cathy Echeozo as a non-executive director, Suleiman Barau and Helen Bouygues as independent non-executive directors,” the statement reads.

“GTBank Board will comprise Mr Ibrahim Hassan as chairman of the Board, Mrs Miriam Olusanya as managing director, Mr Jide Okuntola as Deputy Managing Director, Mr Haruna Musa as Executive Director, Mr Olabode Agusto as Independent Non-Executive Director, Ms Imoni Akpofure and Mrs Victoria Adefala as Independent Non-Executive Directors.”

It added that all the appointments had been approved by the Central Bank of Nigeria and disclosed to the Securities and Exchange Commission and the Nigerian Exchange Group.

Speaking on the completion of the corporate reorganisation, Agbaje said: “We believe that a holding company structure will allow us take advantage of new business opportunities in the emerging competitive landscape and strengthen our earnings base.

“We are very excited to get started on the next phase of our incredible journey to driving Africa’s growth by making end-to-end financial services easily accessible to every African and African businesses by leveraging technology and strategic partnerships.

“As a bank, we were always looking to meet every customer need; with our corporate reorganisation, we will be able to do more to help our customers thrive in this new world of digital technologies and unprecedented possibilities.”

Techeconomy.ng had previously reported that the outgoing MD/CEO of the bank had spoken about its succession plans in the wake of the retirement.

The bank, in a statement signed by its Company Secretary, Erhi Obebeduo, noted that it was engaging with regulators on the matter.

The statement read: “The attention of Guaranty Trust Bank plc (the Bank) has been drawn to news circulating in the media about imminent changes on the Board and Management of the Bank.

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