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Miriam Olusanya Steps In As New Managing Director Of GTBank

The board of Directors of Guaranty Trust Bank appointment Miriam Olusanya as Managing Director.

A statement signed by the company’s secretary, Erhi Obebeduo, made the announcement yesterday.

Miriam Olusanya is a seasoned banker with over 16 years of experience. She joined GTBank in October 2004 as a Treasurer and has risen through the ranks, holding strategic leadership positions. Prior to her recent appointment, she was the Group Treasurer and Head of Wholesale Banking. Olusanya also serves on the Board of Guaranty Trust Bank (Gambia) Limited as a non-executive director.

She is an alumna of the prestigious University of Ibadan and University of Liverpool, where she obtained a Bachelor’s degree in Pharmacy and an MBA in Finance and Accounting respectively.

The bank also announced the successful completion of its re-organization into a Holding Company Structure, in a bid to strengthen its long-term competitiveness and growth prospects.

As part of the conditions for the re-organization, the banking giant announced that a new operating company bearing the name ‘Guaranty Trust Holding Company Plc’ (GTCo) has been established. In addition, a new Board of Directors as well as changes to the Board of its banking subsidiary (GTBank) was also announced.

According to the notice, the Board was reconstituted following the retirement of about four Directors. In light of this, theGTCo’s Board will comprise of the following personalities:

  • Mr Sola Oyinlola (Chairman),
  • Mr Segun Agbaje (Group CEO),
  • Mrs Cathy Echeozo (Non-Executive Director),
  • Mrs Helen Bouygues (Independent Non-Executive Director) and
  • Mr Adebanji Adeniyi (Executive Director).

On the other hand, the banking subsidiary (GTBank) Board will comprise of:

  • Mr Inrahim Hassan (Chairman),
  • Mrs Miriam Olusanya (Managing Director),
  • Mr Olabode Agusto (Non-Executive Director),
  • Ms Imponi Akpofure (Independent Non-Executive Director),
  • Mrs Victoria Adefala (Independent Non-Executive Director),
  • Mr Jide Okuntola (Deputy Managing Director) and
  • Mr Haruna Musa (Executive Director).

Reviewing the corporate re-organisation, the Group Chief Executive Officer of GTCo, Mr Segun 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 re-organisation, we will be able to do more to help our customers thrive in this new world of digital technologies and unprecedented possibilities, he explained.