If banking were to be an art of problem-solving; Segun Agbaje, the head honcho of GTCO would have a mastery of it like the back of his hand. All his life he has worked assiduously to uphold excellence; this is quite evident in his dealings since the creation of Guarantee Trust Bank over three decades ago. Since he assumed office as the MD/CEO of one of the fastest-growing new generation banks in the country, Agbaje has proved pundits wrong that age is not a big factor when it comes to efficient service delivery and being well-focused administration. In fact, at this point, he does not need to prove his wizardry in board room politics as it’s quite evident and crystal clear that he is capable in all ramifications.
In the face of persistent opposition within the competitive financial world, he has remained focused, while also steadily delivering immeasurable growth to the bank, with several customer-friendly products and services that make other competitors groan in envy.
It is a fact that the quintessential banking guru, who is blessed with some unique attributes as well as sterling leadership qualities, was said to have mentored a number of individuals, who today occupy top managerial positions in their respective organizations across the country.
Since the birth of the newly formed Guaranty Trust Holding Company (GTCO) and its listing on the Nigerian Stock Exchange, following the restructuring of Guaranty Trust Bank (GTB) Plc, Sources disclosed that the financial powerhouse Under Agbaje is marching towards success yet again. “GTCO posted an impressive performance metrics in its just-released half-year 2021 results as its non-performing loans ratio to total loans dropped to 5.99% from 6.39% recorded as of the corresponding period of 2021. The non-performing loans ratio is a key metric in measuring the effectiveness of a bank in receiving repayments on its loans. Similarly, it was able to boost its liquidity ratio to 44.71% as of June 2021. This is well above the regulatory minimum of 30%, which is a significant boost as the group maintained an average liquidity ratio of 40.71% in the review period. The Bank continued in its move to give value to its investors having declared an interim dividend of 30 kobo per share in H1 2021 despite the drop in its bottom line.”
