Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its reorganization to a Holding Company Structure.
Under the terms of the re-organization, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc will be used by the newly established operating company.
The newly established Guaranty Trust Holding Company Plc is also pleased to announce its new Board of Directors as well as changes to the Board of its banking subsidiary, Guaranty Trust Bank Limited. All the appointments have been approved by the Central Bank of Nigeria and disclosed to the Securities and Exchange Commission and the Nigerian Exchange Group.
Guaranty Trust Holding Company Plc (“GTCO Plc”) will be governed by a Board of Directors comprising, Mr. Sola Oyinlola as Chairman of the Board and Mr Segun Agbaje as the Group Chief Executive Officer, Mr Adebanji Adeniyi as Executive Director, Mrs Cathy Echeozo as Non-Executive Director, Mr. Suleiman Barau and Mrs. Helen Bouygues as Independent Non-Executive Directors
The Banking subsidiary, Guaranty Trust Bank Limited will be governed by a Board of Directors comprising, 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.
Commenting on the completion of the Corporate Reorganization, Mr Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, said: “We believe that a Holding Company Structure will allow us 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 Businesses by leveraging Technology and Strategic Partnerships. As a bank, we were always looking to meet every customer need; with our corporate reorganization, we will be able to do more to help our customers thrive in this new world of digital technologies and unprecedented possibilities”.
He further stated that “Whilst we are evolving as an organization, we remain committed to our founding values which have endeared our brand to millions of people across Africa and beyond, and which continues to drive our financial success. As a Proudly African and Truly International band, we will continue to live by these values—of excellence, hard work, and integrity, even as we create faster, cheaper, safer, and more diverse products for people and businesses of varied types and sizes.”
Prior to its corporate reorganization to Guaranty Trust Holding Company Plc, Guaranty Trust Bank Plc has been at the forefront of delivering innovative banking products and services to customers and best-in-class Return-on-Equity to shareholders. It is widely regarded as the best managed financial institution in Nigeria and has, over the past decade, embarked on a period of unparalleled growth, growing its customer base from less than 3 million customers in 2011 to over 24million customers in 2020, and profit before tax from ₦45.5 billion at the end of the 2010 financial year to ₦238.1billion at the end of the 2020 financial year.
RedGecko PR Emerges 2023 Outstanding PR Agency At MOPA Awards
Red Gecko Limited, a leading public relations Consultancy Firm has emerged the 2023 Outstanding PR Agency at the Momentous Outstanding Personality Awards (MOPA).
The MOPA Awards is renowned for celebrating organizations and individuals who have demonstrated exceptional achievements and made significant contributions across various sectors. Red Gecko Limited stood out among its peers, showcasing a commitment to excellence, creativity, and a relentless pursuit of success in public relations.
Speaking at the award ceremony, the CEO of Momentous Magazine, Pastor Sesan Awobiye, noted that “The event is organized to recognize excellence in organizations and individuals that has done exceptionally well in terms of improved service delivery in every facet of the society. Red Gecko has consistently delivered top-notch PR services and this award is a well-deserved recognition for the agency.” He stated.
Expressing his gratitude for the award recognition, Cornelius Onuoha, the Managing Director, RedGecko PR Limited noted that “This achievement reflects the hard work, passion, and creativity of our team. We appreciate the trust our clients place in us and we are proud of the impactful campaigns we have executed.
Onuoha further noted that “this award motivates us to continue pushing boundaries and setting new standards in the field of public relations. We are incredibly honored to receive the Outstanding PR Agency of the Year award and we are grateful to the organizers for the recognition.” He stated.
“As Red Gecko Limited continues to push boundaries and redefine the PR landscape, this prestigious award serves as both a recognition of past achievements and an inspiration for future endeavors”, he added.
The maiden edition of the MOPA Awards ceremony attracted industry leaders, influencers, and professionals from diverse sectors to honor and celebrate dedication to the pursuit of excellence.
- About Red Gecko Limited:
Red Gecko Limited is a leading public relations agency committed to delivering strategic and innovative communication solutions. With a team of dedicated professionals, Red Gecko Limited specializes in creating impactful campaigns that resonate with audiences and drive results. The agency’s commitment to excellence and client success has earned it recognition as the Outstanding PR Agency of the Year at the Momentous Outstanding Personality Awards (MOPA Award 2023).
UBA Assures Loyal Customers Of Grand Super Savers Draw, Says More Millionaires To Emerge
Africa’s Global Bank, United Bank for Africa (UBA) Plc is excited to announce its upcoming Super Savers Draw, which promises to bring even more excitement and opportunities to its valued customers.
In line with its commitment to rewarding loyalty and promoting a culture of savings, UBA will be giving the opportunity for more of its customers to become millionaires through its Super Savers Draw, billed to hold at the UBA Head Office, Lagos this December.
As usual the draw is open to both new and existing UBA account holders in Nigeria, with various mouth-watering prizes to be won by customers.
In this edition, more than 100 lucky customers will qualify to win any of the following prizes; a grand prize of N10 Million Jackpot for one lucky winner; while another winner will go home with the Star Prize of N5m. Also, another lucky customer will win N1.8m rent allowance for one year.
Other prices up for grabs include: Shopping allowance of N500k; a Cash Prize of N100,000 each for 35 winners and N10,000 for the top 50 transacting Customers.
10 Current account or savings accounts holders (CASA) will quality to win N1million each in the draws and 20 customers who open accounts via any of the bank’s digital channels will be rewarded with N10,000 every month (For how many months?). Also, 15 kids with a UBA Kiddies Account will each win N200,000 scholarship reward while 10 Next gen account holders will go home with N180,000.00 cash prize each.
UBA’s Head, Retail Products and Sales, Prince Ayewoh, who spoke ahead of the draws said that the unique Super Savers draw has something big for everyone and is organised by the bank to appreciate its customers who have cultivated a savings culture and stayed loyal to the bank over the years.
He said that it will also offer fresh opportunities to new customers to join the growing number of UBA millionaires and lucky winners who have, in the past, benefitted from various promos held by the bank.
He pointed out that UBA remains passionate about actualising the dreams of its customers as the bank is relentless in helping them grow by making more and more of its customers millionaires.
He said, “As always, UBA has decided to lift the burdens of customers at a time when the nation is going through a challenging time due to the removal of fuel subsidy and the unification of the exchange rate which seems to have taken a hefty toll on Nigerians and has put in place quite a lot to make it happen.
“UBA always walks the talk and never relents in helping its customers succeed. Our customers are special to us, and this is another opportunity to prove just that,” he explained.
Also speaking about this draw, UBA’s Group Head, Marketing & Corporate Communications, Alero Ladipo, noted with excitement that this edition of the upcoming Super Savers draw will transform the lives of an increased number of people who will benefit from UBA’s reward of loyalty especially at this time where the nation’s economy is going through a phase.
She added that no matter how hard the economy is or how expensive things have become, UBA always thinks of how to make life easier for its customers. “Once again, i encourage people who do not yet have a UBA account to take advantage of this opportunity to open their accounts quickly, so they can fully participate in these draws,” she noted.
28-Yr-Old Lagos Man Arrested For Masterminding Dangote-Cement-Price-Slash Scam
The Lagos State Police Command has apprehended one Benjamin Ezeukwe, 28, for masterminding and defrauding hundreds of unsuspecting Nigerians in an ingenious cement price-cut scam.
Benjamin was apprehended on October 19, 2023 at Rumuolumeni, Obio/Akpor local government area, Rivers State, after weeks of extensive investigation by police from the State Command’s Area A Command. He had one Tecno phone, one IPhone, three SIM cards, one of which was 08039691980, which he utilised for the scam, and a Toyota Avalon, which was discovered to be a proceeds of his crime.
The suspect had in September, 2023 created a bogus but convincing online advert purportedly by Dangote Cement, claiming a massive price slash. Numerous unsuspecting customers fell prey to the scam, losing millions of Naira to the suspect.
Investigation has so far revealed that the suspect had perpetrated several other similar scams. Suspect has since been arraigned.
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