The Board of Directors of Guaranty Trust Holding Company Plc (GTCO) has appointed Miriam Olusanya as the new Managing Director of GTBank Limited.

To commemorate the listing of its shares on the Nigerian Exchange (NGX), the company unveiled its new brand identity on Tuesday. The company’s secretary, Erhi Obebeduo then announced the appointment of Olusanya as the new Managing Director on Wednesday.

Until her new appointment, Olusanya was an executive director at the bank. She is said to have over 23 years of banking experience across various units, including transaction services, asset and liability management, financial markets, corporate finance and investor relations.

Olusanya joined GTbank as an executive trainee and rose to the position of general manager until she was appointed executive director in 2018. She is the bank’s first female MD since it was established in 1990.

According to the Company Secretary, the company also announced a new board of GTCO directors and changes to the GTBank board. He added that all the appointments had been approved by the Central Bank of Nigeria (CBN).

The statement of the Company Secretary reads: “GTCO’s board will comprise Sola Oyinlola as chairman of the board, Segun Agbaje as the group chief executive officer, Adebanji Adeniyi as executive director, Cathy Echeozo as a non-executive director, Suleiman Barau and Helen Bouygues as independent non-executive directors,” the statement reads.

“GTBank Board will comprise 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.”

The group CEO of GTCO, Segun Agbaje said, “We believe that a holding company structure will allow us to take advantage of new business opportunities in the emerging competitive landscape and strengthen our earnings base.”

“We are very excited to get started on the next phase of our incredible journey to driving Africa’s growth by making end-to-end financial services easily accessible to every African and African business by leveraging technology and strategic partnerships.”

Agbaje also gave the assurance that the bank will always strive to meet every customer’s need.

“With our corporate reorganisation, we will be able to do more to help our customers thrive in this new world of digital technologies and unprecedented possibilities.” He said,