In the banking community – and it related public – Segun Agbaje, the Chief Executive Officer of Guaranty Trust Bank has an image – a no-nonsense banker ready to go the whole hog to ensure his account books are balanced.
And the man who started as a pioneer staff at GTBank in 1991 and rose through the ranks to become Managing Director and Chief Executive Officer in June 2011 didn’t have the reputation handed to him on a platter of gold.
‘’Agbaje earned it by making very hard personal sacrifices’’ a source stated.
The information available to societynow.ng revealed that one of the major sacrifices that earned Agbaje the reputation of ‘’no-nonsense CEO’’ involves one of his brothers, Femi Agbaje.
Femi is said to have secured ‘’a mouth-watering loan’’ from GTBank but defaulted with his payment scheduled.
The GTBank boss reportedly told his brother to go sort himself out and ordered those in charge of recovering the loan to act with due diligence.
‘’The case eventually became an EFCC (Economic and Financial Crimes Commission) issue and Femi was picked up and detained as part of efforts by the bank to recover the loan’’ societynow.ng learned.
Though the development created a bit of bad blood- that still lingers – between the GTbank CEO and his brother, Femi sources confirmed that it sent a strong signal to staff on how to conduct bank’s business.
“That is just one of the multiple cases Agbaje as CEO has gone far and hard in the interest of the bank in manners that earned him the nonsense tag” a source stated.
