Segun Agbaje Elected as an Independent Board Member of PepsiCo

Segun Agbaje Elected as an Independent Board Member of PepsiCo

“My role is first to set the tone, to talk the talk. When we set a vision, goals, objectives, values, I have to be seen to live and walk those” says Segun Agbaje, the current Managing Director of Guaranty Trust Bank of Nigeria who is our MCM today. 

With over twenty-five years of investment and international banking experience, Segun Agbaje is involved in the overall management of GTBank’s day-to-day operations and has earned a reputation as a truly accomplished and highly respected professional within the West Africa sub-region, given his diverse experience in the financial services industry.

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Segun Agbaje is an alumnus of Harvard Business School and holds a Bachelor of Science in Accounting and a master’s in business administration from the University of San Francisco, USA.

Prior to becoming the Managing Director and Chief Executive Officer of Guaranty Trust Bank in 2011, Segun Agbaje held several positions at the bank after joining in 1991, including Executive Director and Deputy Managing Director from 2002 to 2011. 

Segun Agbaje was recently elected as an independent member of the Board of Directors of PepsiCo, the American owners of popular beverage, Pepsi, and Moutain Dew. Segun Agbaje will join the Board and the Audit Committee effective July 15, 2020. PepsiCo, Inc. is a portion of American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products.

During the announcement, PepsiCo Chairman and Chief Executive Officer, Ramon Laguarta stated:

“I am delighted to welcome Segun to the PepsiCo Board… Segun is a well-respected and proven business leader with a deep understanding of complex businesses and fast-growing markets, particularly Sub-Saharan Africa where we recently acquired Pioneer Foods as part of our strategy to expand in the region. His experience in business transformation and passion for delivering consumer value will serve PepsiCo well as we continue our journey to be the global leader in convenient foods and beverages by winning with purpose.”

The Chairman of the Board’s Nominating and Corporate Governance Committee, Daniel Vasella also stated:

“We look forward to Segun joining the PepsiCo Board and to the valued global perspective he will add to our team…His knowledge and experience of embracing and scaling new technologies and critical capabilities will be valuable as we continue to invest in opportunities that create shareholder value and deliver long-term sustainable growth.”

In addition, Segun Agbaje currently serves as a director of MasterCard Advisory Board Middle East and Africa.