Shattering Glass Ceilings! Miriam Chidiebele Olusanya Makes History As GTBank’s First Female Managing Director

Miriam Chidiebele Olusanya

The board of Guaranty Trust Holding Company (GTCO) has announced the appointment of Mrs. Miriam Olusanya as the new Managing Director of its banking subsidiary, GTBank Limited.

The announcement was made Wednesday by Erhi Obebeduo, the company’s secretary in a statement.

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

“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.”

Segun Agbaje, the group CEO of GTCO, 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.

“As a bank, we were always looking to meet every customer 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.

Mrs. Olusanya, who until her appointment was an executive director at the bank, brings over twenty two years wealth of experience, spanning across various units, including transaction services, asset and liability management, financial markets, corporate finance and investor relations to the table. She makes history as the bank’s first female MD since its establishment in 1990.

The top executive joined GTbank as an executive trainee in 1998, rising to the position of general manager before she was appointed executive director in 2018. She also served as Group Treasurer and Head of Wholesale Banking.

She holds a Bachelor of Pharmacy degree from the University of Ibadan (1995) and a Master of Business Administration (Finance and Accounting) from the University of Liverpool (2011). She has attended a number of executive management and banking specific programs in leading educational institutions.

Prior to joining GTBank, Miriam had a short stint with SmithKline Beecham Nigeria (now known as GlaxoSmithKline-GSK).

 

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