GT Bank wins 2013 African Bank of the year award

At the 2013 African Banker Awards ceremony that held in Marrakech, Morocco, Nigeria’s Guaranty Trust Bank has been named the African Bank of the year. The Banker Awards ceremony which was organized by African Banker Magazine, IC Events and BusinessinAfrica Events held on Wednesday, May 29th.

The award was presented to GT Bank by the President, Middle East and Africa for MasterCard, Michael Miebach.

Other awards won by Nigeria was the African Banker of the year award which went to Access Bank CEO Aigboje Aig-Imoukhuede, while First Bank Nigeria is the best bank in West Africa (really surprising, isn’t the best bank in Africa supposed to be the best in West Africa when it’s located there?), and Lamido Sanusi won the Central Bank Governor of the year.

Commenting on the ceremony, Omar Ben Yedder, publisher of African Banker, said: “Once again, it has been a night where some of the exemplary leaders we have on this continent have been rewarded for groundbreaking work.

“It should be noted the work is far from finished and banks and policy makers need to continue to work together to create the instruments to reach out to the real economy for whom many of the products and services are out of reach.”

Guaranty Trust Bank became the first financial institution to cross the 100bn naira Profit before Tax milestone from its operations at both bank and group levels in 2012. Chief Executive Officer of Guaranty Trust Bank Plc. Mr. Segun Agbaje attributed the recognition to hard work, discipline and a well-defined operating strategy.

I think Guaranty Trust Bank really deserve this award, that should be obvious to anyone who lives in Nigeria. One of GT Bank’s main services that endeared them to customers (especially students) is their e-Banking service which is by far the best in Nigeria. Congrats to Guaranty Trust Bank and all other award winners, yes, including Lamido Sanusi.

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