Tenure of of Guaranty Trust Bank (Kenya) Boss Jubril Adeniji Ends

The term of Guaranty Trust Bank (Kenya) Limited Managing Director, Mr. Jubril Adeniji, has come to an end following the expiration of his tenure and his recall to Guaranty Trust Bank Limited, Nigeria.

In a statement, the Board extended its sincere appreciation to Mr. Adeniji for his contribution, leadership and dedicated service to GTBank Kenya during his tenure.

 "During this period, the Bank strengthened its shareholding and governance framework, enhanced quality of its earning asset portfolio, improved internal control environment, embarked on the execution of a transformative strategic plan aimed at growing market share, and strengthened its leadership and overall workforce for its long-term sustainability. The Board wishes him success in his next assignment within the GTCO Group, " read the statement in part.

To ensure a seamless leadership transition and effective handover, Mr. Adeniji will continue to serve as Managing Director over the next 90 days. During this period, the Bank will complete the transition process while seeking the necessary regulatory approvals for the appointment of a new

Managing Director.

"The Board wishes to assure customers, employees, regulators, shareholders and all stakeholders that GTBank Kenya's operations remain stable and uninterrupted. The Bank remains steadfast in its commitment to delivering exceptional banking services and creating sustainable value for all stakeholders," said the directors.