How Miriam Olusanya Emerged GTBank’s First Female Managing Director

Miriam Chidiebele Olusanya has finally emerged as the new Managing Director of Guaranty Trust Bank.

Her appointment was announced yesterday, July 14, 2021, via a communication set out by the financial institution.

The pronouncement makes Mrs. Olusanya the first female to lead the bank since its inception in January 1990.

Guaranty Trust Bank was previously headed Fola Adeola, Tayo Aderinokun, and Segun Agbaje who just moved on to head the holding company (Guaranty Trust Holding Company PLC) as Group Chief Executive Officer.

Agbaje’s reign with Miriam Chidiebele Olusanya as one of the key players saw the bank’s Assets and shareholders’ funds grown to ₦4.993trillion and ₦837.2billion respectively as of March 2020.

Segun Agbaje

Interestingly, Mrs Olusanya’s emergence came to be after the financial institution finalized arrangement that has to do with its corporate reorganization to a holding company, highstreet.ng understands.

The Holdco was officially recognized on the floor of the Nigerian Exchange with a closing gong ceremony. 

Mrs Olusanya’s new position as M.D will see her working with Board of Directors comprising, Mr Ibrahim Hassan as Chairman of the Board, 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.

Mrs. Miriam Chidiebele Olusanya, who joined the bank in 1998 has over 20 years of banking experience which spans Transaction Services, Treasury, Assets and Liability Management, Corporate Finance, and Wholesale Banking. She was the Executive Director and Heads Wholesale Banking Division of the bank before her new appointment.

She studied at the University of Ibadan and University of Liverpool where she obtained B. Pharm and MBA, Finance and Accounting respectively. Mrs. Olusanya was also at Cranfield School of Management between 2011 and 2012.

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