Finance Monthly Game Changers Awards 2017

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FIRM PROFILE
Guaranty Trust Bank plc is a leading African financial institution with vast business
interests spanning West and East Africa, as well as the United Kingdom. The
Bank has an Asset Base of over 2.93 trillion, Shareholders’ funds of 452 billion and
employs over 10,000 people in Nigeria, Gambia, Ghana, Liberia, Sierra Leone,
Cote d’Ivoire, Uganda, Rwanda, Kenya and the United Kingdom.
Established in 1990 on a foundation of excellence, superior customer experience,
ethics and best practices, GTBank has created an oasis in the African banking
industry; delivering consistent year on year growth in clientele base and key
financial indices since its inception. With over 9.3 million customers, 224 branches,
17 cash centres, 18 e-branches, 35 GTExpress locations and 1,165 Automated
Teller Machines in Nigeria, the Bank has evolved over the past 26 years to
become one of Africa’s leading financial institutions with a unique reputation for
innovation and excellence.
Widely regarded as a Proudly African and Truly International Bank, GTBank has
been the subject of case studies by Harvard Business School USA, Cranfield
School of Management UK and other prestigious institutes of learning. It was the
first Nigerian Bank to be listed on the mainstream of the London Stock Exchange
and the first to fully implement all ISO certifications namely; ISO/IEC 27001- for
Information Security, ISO 20000 – for IT Service Management and ISO 22301 –
for Business Continuity Management and PAS 99:2012 Integrated Management
System certification by the British Standard Institute (BSI).
Motivated by the belief that it can only grow and sustain the value of its businesses
by what it gives back to its host communities, GTBank maintains a clearly defined
Corporate Social Responsibility (CSR) policy. The Bank’s CSR policy focuses on the
four major areas of Education, Community Development, Environment and Art,
and it includes programmes such as the Adopt-A-School Initiative, through which
the bank supports public schools, and the Orange Ribbon Initiative which leads
the advocacy for children living with Autism and other developmental disorders.
GTBank has been the recipient of numerous international and national awards
and commendations for exceptional service delivery, innovation, corporate
governance and corporate social responsibility. A few of these are: Best Bank in
Nigeria and Best Bank in Africa from Euromoney; African Bank of the Year from
the African Banker; Best Corporate Governance - Financial Services – Africa from
Ethical Boardroom Corporate Governance Award and Best Banking Group in
Nigeria from World Finance. The Bank obtained the Best CSR Rating from SIAO.
The Bank has the long-term goal of
becoming the dominant franchise in Africa,
not just in terms of Return on Equity or Cost
to Income ratio, but absolute profitability
and balance sheet size. The bank pursues
this goal through a consistent pan-African
strategy of strengthening its leading position
in the markets that it currently operates whilst
expanding the GTBank franchise in other high
growth African markets.
ABOUT SEGUN AGBAJE
Mr. Segun Agbaje is the Chief Executive Officer and Managing Director
of Guaranty Trust Bank plc (GTBank), a foremost African banking group
with a client base of over 9 million customers and business outlays in
Nigeria, Cote D’Ivoire, Gambia, Ghana, Kenya, Liberia, Rwanda, Sierra
Leone, Uganda and the United Kingdom.
Mr. Agbaje joined GTBank as a pioneer staff in 1991 and rose through
the ranks to become Executive Director in 2000, and Deputy Managing
Director in 2002. In June 2011, he was appointed Managing Director/
CEO of Guaranty Trust Bank plc and has consistently led the Bank to
impressive year on year growth in market share and profitability ever
since.
An alumnus of the Harvard Business School and holder of Bachelor
of Science and Masters in Business Administration degrees from the
University of San Francisco, USA, Mr. Agbaje has over 20 years of
experience in investment and international banking. He is widely
regarded as one of Africa’s leading CEOs with a reputation for
identifying capital opportunities and executing business deals.
Under Mr. Agbaje’s leadership GTBank has become one of Nigeria’s
most profitable banks. His deep understanding of complex businesses
and markets has enabled the Bank undertake large ticket transactions
in financial advisory, structured and project finance in the real sectors as
well as take advantage of opportunities in selected high growth African
markets where the Bank has a competitive advantage.
Passionate about innovation and embracing disruptive technologies,
Mr. Agbaje has pioneered several innovative and pacesetting products
such as the Bank 737, a mobile banking platform that enables customers
use their mobile phones to perform basic banking services such as
account opening and funds transfer as well as access diverse financial
services like airtime purchase, bills payment amongst others. Within a
year of its introduction, the Bank 737 service has seen an uptake of over
3 million customers, recorded more than N1 trillion in transactions and
gained global recognition for Product of the Year in Africa from Asian
Banker Magazine and Best Digital Bank in Africa by Euro Money.
Mr Agbaje has also radically repositioned the bank as the apt financial
institution for Small and Medium Enterprises. Understanding the
crucial role of small businesses in the sustenance of economic growth
and development, he has led the bank to create the GTBank SME
MarketHub, an e-commerce platform aimed at boosting the presence
and profitability of small businesses through business development
support to entrepreneurs.
CONTACT
Guaranty Trust Bank PLC
Plot 635, Akin Adesola Street, Victoria Island, Lagos
Tel: 234.1. 2714580-9, 2715227, 2622650-64,
Email: | Web:
SEGUN AGBAJE
Managing Director at Guaranty Trust Bank
48 www.finance-monthly.com
FINANCEMONTHLY
GAME CHANGER AWARDS 2017