TheCable

The board of directors of Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an executive director of the bank.

Prior to his appointment, he was the divisional head, digital banking division of the bank.

The board also named Babatunde Soyoye, co-founder and managing partner of Helios Investment Partners LLP, a private investment firm with its principal office in the UK as an independent non-executive director.

Prior to co-founding Helios Investment Partners, Soyoye was a principal responsible for telecoms and media investments across Europe for TPG Capital.

Before that, he served as a senior member of the corporate strategy team at British Telecom, and manager of business development at Singapore Telecom International.

Lawal who joined the Bank in 1992 as an executive trainee rose through the ranks to become a general manager, a position he held until his appointment as executive director.

He holds a bachelor of law degree from Obafemi Awolowo University (1990); B.L from the Nigerian Law School (1991) and a master of business administration from the Oxford University.

He has also attended several executive management and banking specific developmental programs in leading educational institutions such as Harvard Business School, Stanford Graduate School of Business and Institut Européen d’Administration des Affaires (INSEAD).

Announcing the new appointment, Segun Agbaje, managing director of the bank said: “As a Bank, we maintain high corporate governance standards and ensure our Board appointments are in line with global best practices”.

“Bolaji has been an integral part of the Bank’s success and has seen the bank evolve and develop through the years. I am confident that his appointment to the Board will further strengthen and position the bank for improved performance.”

Guaranty Trust Bank plc was established in 1990.

The Bank operates from over 238 branches within the country and has banking subsidiaries in Kenya, Rwanda, Uganda, Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.