African Bank of the Year, Guaranty Trust Bank plc, has announced the appointment of Mr Hezekiah Sola Oyinlola as a non-executive director. He replaced Mrs Stella Okoli on the bank’s board of directors following her recent retirement in compliance with the bank’s code of corporate governance which stipulates a retirement age of 70 years for directors of the bank.
Mr Oyinlola is a seasoned professional with over 30 years of experience in the oil and gas industry, having worked at Schlumberger Group since 1984. He has held multiple senior roles on the management team and was the first Nigerian managing director of Schlumberger Group in Nigeria. In 2011, he was appointed to his current position as chairman of Africa Schlumberger Group.
According to the managing director, G plc, Segun Agbaje, “This is in demonstration of our commitment to the sustenance of good corporate governance and succession planning. We are pleased to have appointed Mr Oyinlola, a seasoned professional with a proven track record, to this position. All of us at Guaranty Trust Bank wish him the very best in his new position.”
Mr Oyinlola’s appointment has been approved by the Central Bank of Nigeria in compliance with the highest level of corporate governance standards.
GTB was established in 1990 and has within the last 24 years, come to be recognised as one of the most innovative and service-focused banks in the Nigerian financial market environment. The bank operates from over 230 business locations in Nigeria and banking subsidiaries in Cote D’Ivoire, Gambia, Ghana, Kenya, Liberia, Rwanda, Sierra Leone, Uganda and the United Kingdom.
In recognition of it service standards, management quality and financial performance, the bank has been the recipient of numerous awards over the years including the most recent as African Bank of the Year from African Bankers’ Magazine.
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