GTB wins best bank awards despite sleazy Innoson controversy

Guaranty Trust Bank, popularly known as GTB, despite its well-documented controversies with the Nigerian entrepreneur, Innocent Chukwuma, which have sometimes led to speculations about its future, has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence which held in London on Wednesday, July 10, 2019 at the London Hilton Hotel, Park Lane.

Not only that, it was also named Best Bank in Nigeria for a record ninth time, reflecting its position as one of the best managed financial institutions in the country, with strong and focused leadership that keeps it in a constant state of re-invention and innovation.

Now in its 50th year, Euromoney is the leading publication for covering the growth of international finance. Euromoney Awards for Excellence are the awards that matter to the banks and bankers who matter. This year, Euromoney received almost 1,500 submissions from banks in an awards programme that covers 20 global awards, more than 50 regional awards, and best bank awards in close to 100 countries. The Magazine’s Awards for Excellence celebrates the best banks around the world by recognizing institutions that have demonstrated leadership, innovation, and momentum in the markets they operate. In selecting its award recipients, Euromoney combines quantitative and qualitative data to honor institutions that have brought the highest levels of service, innovation and expertise to their customers.

Key to the emergence of GTB as the Best Bank in Africa and the Best Bank in Nigeria is its digital drive and its clarity of vision in reimagining the future of banks and banking. The Euromoney awards also recognized its commitment to leading the future of banking as well as its consistent long-term strategy led by a senior management team that abhors complacency and keeps the business in a constant state of innovation.

Commenting on its awards, Chief Executive Officer, GTB, Segun Agbaje, said, “We are delighted and proud to win the Euromoney Awards for Africa’s Best Bank and Nigeria’s Best Bank. These awards reflect the progress we are making in delivering the best banking experience that captures what customers want in the world of today and tomorrow. They are also a testament to our leading role in driving world class corporate governance standards, excellent service quality and innovation in Africa’s banking industry."

He further stated that “at GTB, we are passionate about building the bank of the future by leveraging the best of technology to add real value to our customers’ lives, and these awards illustrate the hard work and commitment of our staff, management and board towards achieving this goal."

GTB has consistently played a leading role in Africa’s banking industry. The GTB brand is regarded by industry watchers as one of the best run financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world class corporate governance standards, excellent service quality and innovation.