Lagos – September, 2015
The Board of Directors of Guaranty Trust Bank Plc has announced the appointment of Haruna Musa as an Executive Director of the Board of the Bank.
The appointment of Haruna Musa follows a thorough selection process by the Human Resources & Nominations Committee of the Board in line with the Bank’s corporate governance standards and regulatory provisions. He will be responsible for the Bank’s Retail & Commercial banking and Public sector businesses within the North East Division.
Haruna holds a B.A. Agriculture degree from Ahmadu Bello University, Zaria, and a Masters in Business Administration from Bayero University, Kano, as well as Finance and Management from Cranfield University, UK. He began his banking career with United Bank for Africa plc (UBA), and had worked in other reputable financial institutions, including FSB International Bank plc before joining Guaranty Trust Bank plc in 2001. His experience, spanning over 17 years in the financial services sector, covers various aspects of banking including banking operations, corporate banking, commercial banking, compliance and risk management. Prior to his appointment, He had been responsible for strategy formulation and business development of the bank’s retail, public and commercial sectors in the North East Division.
Announcing the new appointment, the Group Managing Director/Chief Executive Officer of the bank, Mr. Segun Agbaje stated that: “As a Bank, we maintain high corporate governance standards and ensure that Board appointments are in line with global best practices and industry standards”. He further stated that “Haruna has been an integral part of the Bank’s success and has seen the bank evolve and develop through the years. I am confident that his appointment will further strengthen and position the bank for improved performance“.
Guaranty Trust Bank plc was established in 1990 and is regarded by Industry watchers as the best run and most ethical financial institution within the Nigerian Financial Services space, due to its bias for world class corporate governance standards, excellent service quality and innovation. The Bank is one of the few Nigerian financial institutions to have a well-articulated succession plan and this has enabled it seamlessly undertake two management and several board changes since its inception 25 years ago.
The Bank operates from over 230 branches within the country and has banking subsidiaries in Kenya, Rwanda, Uganda, Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.