Miriam Olusanya Appointed First Female MD of GTBank
Guaranty Trust Bank Plc – GTB has announced the appointment of Miriam Olusanya as Managing Director following a restructuring that made the institution a subsidiary. This appointment was disclosed in a statement signed by the company’s secretary, Erhi Obebeduo and sent to the Nigerian Exchange Group Limited (NGX).
Miriam’s educational background includes a Bachelor of Pharmacy degree from the University of Ibadan in 1995, a Master of Business Administration (Finance and Accounting) from the University of Liverpool in 2011 and a certificate in General Management obtained from Cranfield School of Management in 2021.
Miriam has over 20 years of banking experience spanning Transaction Services, Treasury, Assets and Liability Management, Corporate Finance and Wholesale Banking and Investor Relations.
The newly appointed joined GTBank as an Executive Trainee in 1998 and rose to the position of General Manager, handling the bank’s Naira and Foreign Currency Balance Sheet, Asset and Liability Position, Money Market, Foreign Currency and Bonds Trading. Until her appointment, she was an Executive Director at the bank.
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The bank also announced the successful completion of its re-organization into a Holding Company Structure, in a bid to strengthen its long-term competitiveness and growth prospects. Under the terms of the re-organization, a new operating company has been established and amendments have been made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc would be used by the newly established operating company.
According to a statement,
“The banking subsidiary, Guaranty Trust Bank Limited will be governed by a Board of Directors comprising, Mr Ibrahim Hassan as Chairman of the Board, Mrs Miriam Olusanya as Managing Director, Mr Jide Okuntola as Deputy Managing Director, Mr Haruna Musa as Executive Director, Mr Olabode Agusto as Independent Non-Executive Director, Ms Imoni Akpofure and Mrs Victoria Adefala as Independent Non-Executive Directors.”
“Guaranty Trust Holding Company Plc would be governed by a Board of Directors comprising of Mr Sola Oyinlola as Chairman of the Board, Mr Segun Agbaje as the Group Chief Executive Officer, Mr Adebanji Adeniyi as Executive Director, Mrs Cathy Echeozo as Non-Executive Director, Mr Suleiman Barau and Mrs Helen Bouygues as Independent Non-Executive Directors.”
All the appointments have been approved by the Central Bank of Nigeria and disclosed to the Securities and Exchange Commission and the Nigerian Exchange Group.