Segun Agbaje: Changing Things at GTCO

It was Steve Jobs who said that the only way to do great work is to love what you do. While others are complaining about the difficulties in the finance industry, Segun Agbaje, the visionary leader steering Guaranty Trust Holding Company (GTCO) is doing great work and loving it. The result is that he is leading GTCO to new horizons.

Amidst the backdrop of regulatory changes and market evolution, GTCO, under Agbaje’s stewardship, is poised for growth. The recent announcement of a capital raise is the perfect evidence for the company’s commitment to fortifying its position within Nigeria’s financial landscape.

GTCO’s decision to seek shareholder approval for a $750 million capital injection comes at a time of robust earnings growth. In 2023, the company witnessed a staggering 219 per cent surge in earnings. This indeed solidified its status as a leading financial services provider in Nigeria and also showed the stuff that Agbaje is made of. The recent capital raise is even more revealing in this regard.

Joining GTBank in its nascent stages, Agbaje’s rise through the ranks was swift and steady. His tenure as Group CEO of Guaranty Trust Holding Company since August 2021 kick-started GTCO’s strategic expansion, transitioning to a holding company structure while delivering consistent growth across its commercial banking and non-banking financial services divisions. This proactive approach to growth continues to position GTCO as a formidable player in Nigeria’s evolving financial ecosystem.

As Nigeria’s banking sector braces for transformation, Agbaje’s strategic acumen and commitment to excellence shine through. With a keen eye on regulatory changes and market dynamics, he is leading GTCO towards a prosperous and resilient future