Guaranty Trust Bank plc
CEO and Managing Director
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.
In recognition of his sterling leadership and consistent outstanding performance, Mr. Agbaje has been the recipient of several awards within and outside Nigeria some of which are; 2016 CEO of the Year by Finance Monthly Magazine, African Banker of the Year Award 2016 and 2012 by the African Banker Magazine, Pan Africa- CEO of the Year Award 2013 from the EMEA Finance.
Mr. Agbaje serves on the boards of several other notable companies including GTBank Ghana, GTBank Gambia, GTBank UK and is also a Director on MasterCard Advisory Board for Middle East and Africa.