Real Reason GTBank M.D, Miriam Olusanya Is Not In Your Face

Insiders have revealed why Miriam Olusanya, the Managing Director of Guaranty Trust Bank (GTBank) has not been in your face.

Olusanya made history in July 2021 as the first female Managing Director at the Bank with over 24million customers.

She succeeded the darling of investors with the outstanding yields recorded under his 10 years spell as Managing Director, Segun  Agbaje.

Agbaje moved up to become the Group Executive Officer of the newly established Guaranty Trust Holding Company Plc (GTCO) with GTBank, widely regarded as one of the best managed financial institution in Nigeria, a subsidiary.

The Group Chief Executive Officer has remained the voice of GTCO since while Olusanya is adjudged “not in your face”.

“It is strategic. The adoption of a single strong voice to speak and represent GTCO and all it stands for, without any conflicts or ambiguity at all time. It has been part of the tradition before the more enveloping GTCO was put in place, it worked and it is still working” SocietyNow.Ng learned.

Agbaje took GTBank on a decade of unparalleled growth that saw total assets and shareholders’ funds closing at ₦4.993trillion and ₦837.2billion respectively, at the end of Q1, 2021.

Agbaje’s record eclipsed the joint performance of his predecessors and founders – Tayo Aderinokun and Fola Adeola – who laid the solid foundation he built on.

Those some insist it is unfair to compare because the operating environments are very diverse.

Agbaje leads to GTCO that is now the parent company for all Guaranty Trust banking businesses across Africa and the United Kingdom to ensure effective competition with non-banks and winnings in emerging sectors.

“The key thing is Olusanya and all heads of businesses in GTCO are working hands on deck with Agbaje to not only justify investors’ confidence but to endlessly delight all stakeholders including customers with more than the values expected. That is the key thing and everything is primed towards achieving that” SocietyNow.Ng gathered.

Adjudged to have started off on a very good note, GTCO got shareholders approval to pay a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022 while posting a pre-tax profit of N214.2 billion in what Agbaje labeled “a decent performance”.

Before her appointment as GTBank Managing Director, Olusanya with over 20 years experience under her belt was the Executive Director, Wholesale Banking Division.