Segun Agbaje is the Managing Director of Guaranty Trust HoldCo PLC. He has over (25) twenty-five years investment and international banking experience, Mr Agbaje is involved in the general management of the bank’s day-to-day operations.
Prior to heading GTCO PLC, Mr Agbaje was the chief executive officer of Guaranty Trust Bank PLC (now GTBank Limited) which he joined from Ernst & Young, San Francisco, United States of America (USA). He subsequently joined Guaranty Trust Bank as a pioneer staff in 1991 and rose through the ranks to become an Executive Director in January 2000, and Deputy Managing Director in August 2002, in light of his diverse background and experience in almost all areas of the Bank’s activities including Commercial Banking, Investment Banking, Treasury, Corporate Planning and Strategy, Settlements and Operations.
Mr Agbaje possesses a deep understanding of the Nigerian business environment having initiated and led the execution of large, innovative and complex transactions in Financial Advisory, Structured and Project Finance, Balance Sheet Restructuring and Debt and Equity Capital raising in several sectors of the Nigerian economy notably Oil and Gas, Energy, Telecommunications, Financial Services and Manufacturing industries. In addition, he helped in developing the Interbank Derivatives market amongst dealers in the Nigerian banking industry and introduced the Balance Sheet Management Efficiency system.
He was also very instrumental in putting together Guaranty Trust Bank’s landmark USD350million Eurobond offering in 2007 and later that year, the listing of its US$750 million Global Depository Receipts (GDR) in an unprecedented concurrent global offering in the domestic and international capital markets – which made Guaranty Trust Bank the first Nigerian company and first bank in Sub-Saharan Africa to be listed on the Main Market of the London Stock Exchange. In 2011, he further led the Bank to launch the first Sub-Saharan Africa financial sector benchmark Eurobond when the Bank launched its USD500million Eurobond without a Sovereign Guarantee or Credit Enhancement from any international financial institution.
Mr Agbaje serves on the boards of several other notable companies including Guaranty Trust Bank (Ghana) Limited, Guaranty Trust Bank (Gambia) Limited, Guaranty Trust Bank (UK) Limited and also a Director on MasterCard Advisory Board Middle East and Africa.
He is an alumnus of the Harvard Business School and holds a Bachelor of Science in Accounting and a Masters in Business Administration from the University of San Francisco, USA.