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Biography of Segun Agbaje- Managing Director of Guaranty Trust Bank
By Lamido Yusuf

Segun Abgaje is a banker and entrepreneur. He also occupies an executive position at Guaranty Trust Bank as the Managing Director. In addition, he serves as a Director on MasterCard Board in the Middle East and Africa.

Background and Family

Segun Agbaje whose full name is Olusegun Agbaje was born into the family of Chief Julius Kosebinu Agbaje and Mrs. Margaret Olabisi Agbaje in 1964. His father was a banker and his mother a teacher.  Segun got his secondary school education from St Gregory’s College, Obalende, Lagos State. He went abroad for his tertiary education. He got his BSc in Accountancy and masters degree in Business Administration from the University of San Francisco, America. He is also an alumnus of the prestigious Harvard Business School. His older brother is a Jimi Agbaje renowned politician and a member of the People’s Democratic Party.

Rise to Prominence

Segun started off his career as a staff auditor at Ernst & Young in San Francisco, America. He eventually returned to Nigeria in 1991 to work for GtBank as one of the very first sets of employees. At that time GT Bank was a floundering financial institution headed by the legendary Fola Adeola. And as a pioneer staff, he was present at most of the groundbreaking innovations the bank made. He worked his way up the ranks and by 2000 he was an executive director, by August 2002 he was Deputy Managing Director.

Segun Agbaje also played a pivotal role in the introduction of Valucard and Western Union Money Transfer.

He also played an essential role in making GTBank the first Nigerian company and the first bank in Sub-Saharan Africa to feature on the list of the Main Market of the London Stock Exchange.


Under his leadership GTBank has won:

The award of Best Bank in Nigeria by Euromoney.

African Bank of the Year by African Banker Award.

Best Bank in Nigeria by World Finance UK.

Most innovative Bank by EMEA finance.

Best Banking Group by World Business Leader Magazine and Best Bank in Nigeria award by the Banker Awards.


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