GTBank Wins International Award for Good Corporate Governance
Guaranty Trust Bank plc, Africa’s foremost financial institution and parent company of Guaranty Trust Bank (Ghana) Limited, has reaffirmed its position as a leading global brand following its recent recognition for good corporate governance during the 2015 African Business Awards held on the sidelines of the UN General Assembly in New York.
The African Business Awards, which was launched in 2008 by African Business Magazine, is recognized as the most prestigious and definitive business awards in Africa, recognizing leadership and excellence on the continent. The Awards seeks to highlight a successful and vibrant Africa that is open to local, regional and global business ventures.
Now in its seventh year, the African Business Awards has grown into a platform that celebrates exceptional performance in African business by recognizing the individuals and companies that are driving Africa’s rapidly transforming economy and creating new economic opportunities for citizens and communities all over the continent.
Publisher and Managing Director of IC Publications, Omar Ben Yedder stated, “We are proud of all our winners. Their work and accomplishments in various sectors show what can be achieved on the African continent with hard work and single-minded determination. In winning this year’s award, GTBank stands out in Africa and the rest of the world as a benchmark for good corporate governance, business ethics and adherence to international best practices.”
Commenting on the award, Managing Director/CEO of GTBank, Segun Agbaje said: “We operate in challenging business environments, but we believe that our stakeholders are better off partnering with us. We set high goals and benchmark ourselves against global standards which influence our service culture and product offerings, thereby enabling us to remain relevant to our customers while adding value to all stakeholders. This award is an attestation of the hard work and dedication of our staff, management and Board towards conducting business in a manner that typifies our adherence to global best practices. It also is an indication that our business model, systems and management are recognized globally as a benchmark for good corporate governance.”
Earlier this year, Guaranty Trust Bank plc became the first financial institution in Nigeria to obtain and fully implement the triple International Organization for Standardization certification by the British Standard Institute (BSI) as required by the Central Bank of Nigeria.
In a congratulatory message to the parent company, Managing Director of Guaranty Trust Bank (Ghana) Limited, Mr. Lekan Sanusi said, “GTBank is a formidable brand when it comes to corporate governance. We have well laid out structures across the GTBank Group, and discipline and adherence to the best standards of practice are our hallmark. We are elated at this international award and we are proud to be pacesetters in the industry.”
In 2012, Guaranty Trust Bank (Ghana) Limited was certified as meeting the requirements of the internationally respected ISO 9001:2008. This affirmed the Bank’s commitment to an effective quality management system, customer satisfaction and continual growth.
Guaranty Trust Bank (Ghana) Limited has received many accolades in recognition of its superiority across many fronts in the financial services industry. In 2014 and 2015, the Bank was awarded the “Technology Advance Bank of the Year” consecutively, and in 2015, was awarded the “e-service Bank of the Year”.
In September this year, the Bank was also awarded the ‘STP Excellence Award” by the Citi Group for its convenient electronic trading platforms. At this year’s Ghana Banking Awards, GTBank was named 1st Runner up in Bank Growth and in Competitive Pricing.
Group Head, Corporate Affairs