Double joy:.GT Bank gets another feather to its cap

Lagos, Nigeria: September, 2013.

The Managing Director/CEO of Guaranty Trust Bank plc, Segun Agbaje has just been announced the 2013 Banker of the Year – Africa by the World Finance Banking Awards.

The World Finance Banker of the Year - Africa Award is conferred on outstanding bankers who have achieved the most with regards to innovation, profitability and sustainability of their organization. The award also takes into recognition an individual that has been an influential and inspirational leader, has overseen strong financial performance for his organization and has successfully guided his institution to new heights in its industry.

According to World Finance, Segun Agbaje has won the coveted “Banker of the Year – Africa 2013. This category was one of the most sought after categories in the 2013 Banking Awards, however someone has to win and the judging panel confirmed that Mr. Agbaje is at the vanguard of African Banking and has deservedly earned the reputation and recognition as a truly accomplished and highly respected Banker, locally and internationally.

Segun Agbaje’s first class commitment to leading an efficient institution has ensured that GTBank maintains higher margins and the lowest cost to income ratio amongst its peers, despite a relatively smaller branch network when compared to its peers in the country. 

According to World Finance, “Our judging panel boasts over 230 years of financial and business journalism, supported by a research team that works round the clock to ensure our award winners are the most deserving in their sector”.

Commenting on his award, MD/CEO of Guaranty Trust Bank plc, Segun Agbaje stated that the award he received is in recognition of the hard work and dedication of the Management and Staff of the Bank. He also thanked the Bank’s customers for their trust and continued support and promised to continue to strive to deliver beyond their expectation. 

Guaranty Trust Bank plc; One of Nigeria’s leading Banks, has once again led the way by winning the ‘2013 Best Banking Group – Nigeria’ in the 2013 Annual World Finance Banking Awards in an announcement made on Friday, 13^th September, 2013.

Outlining the rationale for GTBank winning the ‘2013 Best Banking Group – Nigeria award’, judges commented that the Bank scored high marks in innovation and product offering in the financial services industry, regional reach to cover high growth markets, significant proof of continuous development, good Corporate Governance and Corporate Social Responsibility.

According to World Finance’s correspondent, “We rely on reader insight and experience to provide nominations to the judging panel, and we relish hearing about new experts and burgeoning markets. Our award programmes are tailored to provide a comprehensive analysis of the very best in each market”. World Finance cited GTBank’s clearly defined customer centric strategy dedicated to improving the client experience, innovative financing solutions tailored to client needs, investments in new technology, and unique industry specialization as important factors in winning this award.

Commenting on this award, Segun Agbaje Managing Director/CEO of Guaranty Trust Bank plc said we are proud to receive this award and are delighted that our performance over the years has earned global recognition. Segun Agbaje attributed the Bank’s achievements to the loyalty of its customers and the commitment of its employees, who constantly strive to give 100% above customer expectations every single time.

According to the Managing Director, ‘We are a Proudly African and Truly International Institution and we are committed to the ideal that our stakeholders should be better off for partnering with us. This principle influences our operations, products, style of service delivery and corporate culture’.

Guaranty Trust Bank plc has introduced several innovations over the last 5 months in its bid to further consolidate its position as a service focused bank in Nigeria. These include the introduction the of the GTBank social banking; the first of its kind by any Nigerian Bank allows GTBank Social Account holders transfer money, purchase airtime, pay bills, and confirm their account balance on Facebook and the introduction of a ‘Fast Track’ banking system that allows its customers deposit and withdraw money within its branches using their debit cards.

The Bank’s half year audited results which were released on the floor of the Nigerian and London Stock Exchanges recently showed gross earnings of over N113.52 billion and Profit Before Tax of N57.36 billion over the period.