Guaranty Trust Bank (GTBank Kenya) Limited has begun the process of appointing a new chief executive after its Managing Director, Jubril Adeniji, was recalled to parent company Guaranty Trust Bank Limited in Nigeria following the end of his tenure. Adeniji will remain at the helm of the Kenyan subsidiary for the next 90 days to facilitate a smooth handover while the lender seeks regulatory approval for the appointment of a successor.
The bank also invested in strengthening its leadership team and workforce to support its long-term growth ambitions. GTBank Kenya is part of the GTCO Group, one of Africa’s largest financial services groups with operations across several African markets.
The bank sought to reassure customers and investors that the transition would not disrupt operations, saying it remains financially stable and committed to delivering banking services while creating sustainable value for customers, shareholders and other stakeholders. GTBank Kenya did not identify Adeniji’s successor, saying the appointment will be announced after the necessary regulatory approvals have been obtained.
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