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GTCO’s Agbaje Named Banking Pioneer at Texcellence Awards 

Sani Shehu by Sani Shehu
8 months ago
in Business
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The group chief executive officer (GCEO) of Guaranty Trust Holding Company (GTCO), Segun Agbaje has been named the winner of the 2025 Banking Pioneer Award by the Texcellence Conference Awards.

A visionary awards platform organised by CWG PLC and now positioned as the definitive gathering for Africa’s technology leaders and an enterprise community that sets the agenda for the continent’s technological transformation.

Speaking about the Awards, chairman, CWG Plc, Phillip Obioha noted that the Texcellence Awards were established to recognise leaders and institutions that are actively shaping Africa’s digital competitiveness through deliberate infrastructure development, innovation, and cross-sector collaboration.

With the theme, “Future Forward Africa: Leveraging Technology for Global Competitiveness,” the awards spotlighted organisations and executives whose work strengthens the foundational systems that enable secure platforms, scalable enterprise, financial inclusion, and national productivity.

“Rather than celebrating technology adoption alone, Texcellence 4.0 honoured those building the rails, the broadband networks, financial systems, interoperable platforms, and trusted digital ecosystems that position Africa to compete confidently on a global stage”, Obioha noted.

Highlighting the criteria for the selection of the Banking Pioneer Award, Obioha noted that, “The Banking Pioneer Award celebrates a visionary leader, founder, or architect of a banking institution who has fundamentally reshaped Nigeria’s financial services landscape and elevated Africa’s position in global banking. This award recognises individuals who possess the courage to imagine a different future for banking—and the tenacity to bring that vision to life against all odds”.

 

“These are not merely executives managing institutions; they are trailblazers who rewrote the rules, transforming how millions of Africans bank, transact, and engage with financial services. They built institutions that became synonymous with excellence, innovation, and trust. They took Nigerian banking from the back offices of analogue processing to the fingertips of a digital generation”, he added.

 

Speaking about the winner, the awards organisers noted that, “For nearly three decades, Segun Agbaje has been the architect of one of African banking’s most remarkable success stories. When he (Agbaje) joined GTBank in 1991, Nigerian banking was defined by teller queues and paper ledgers. He envisioned a technology-led institution that could compete with the best in the world—and then built it. Under his leadership, GTBank pioneered and popularised the USSD banking revolution in Nigeria with the *737# short code, bringing financial services to millions who had never entered a bank branch and catalyzing a financial inclusion movement that transformed the industry”.

 

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“Agbaje established GTBank as Africa’s undisputed digital banking pioneer, launching the continent’s first biometric mobile banking app, GTWorld, and earning recognition twice as Africa’s Most Innovative Bank by EMEA Finance Magazine.

 

According to the Texcellence Awards Committee, Agbaje’s recognition reflects decades of visionary leadership and deliberate investment in technology-driven transformation. Under his stewardship, GTCO has evolved from a traditional commercial banking institution into a diversified, platform-led financial services group anchored on digital infrastructure and customer-centric innovation.

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