MEET GUARANTY TRUST BANK NEW DMD, EDS

By NBF News

GUARANTY Trust Bank', GTB, Plc's  former Executive Director, ED, and head of the Bank's Institutional Banking Division, Mrs. Cathy Echeozo, has been appointed Deputy Managing Director, DMD, of the bank.

At a recent Board meeting, the bank's also named three EDs in the persons of Mr. Wale Oyedeji, Mr. Demola Odeyemi, and Mrs. Tola Omotola.

The new Executives will replace three former Directors; Mr. Jide Ogundare, Mrs. Titi Osuntoki and Mr. Akin George-Taylor, who voluntarily resigned from the Bank recently, after having put in between 18 to 21 years of service each.

Mrs. Echeozo joined GTBank in 1993 and has worked in the Bank's Treasury Management, Credit Management, Systems & Control and Institutional Banking Divisions.

She has a first degree in Accounting from the University of Nigeria and an MBA from the University of Maryland U.S.A.

A certified Information Systems Auditor and Fellow of the Institute of Chartered Accountants of Nigeria, she was Chairperson Emerging Issues Sub Committee, on the Committee of Chief Inspectors of all Banks in Nigeria (1999-2000) and pioneered the Bank's entry into the Nigerian Retail Market.

*Mr. Oyedeji was a former Managing Director of GTBank (U.K) Limited, Mr.  Odeyemi was Chief Financial Officer and Head of Strategy and Mrs. Omotola, Company Secretary and Legal Adviser of the Bank..

A statement by Mr. Segun Agbaje; Managing Director of Guaranty Trust Bank plc said 'the exiting trio has contributed immensely to the success of the Bank. However this provides an opportunity to further to engender rejuvenation and provide ample opportunities for the younger generation to rise up and harness their full potentials'.

Mr. Agbaje added that the new appointments were subject to the approval of the Central Bank of Nigeria (CBN).