/ Notification Of Appointment of an Executive Director

Lagos Nigeria - January 31, 2019

Board of Directors of Guaranty Trust Bank Plc ("GTBank") has approved the appointment of Mr. Jide Okuntola as an Executive Director of GTBank.

Mr. Okuntola's banking experience spans through Transaction Services, Financial Control and Oil and Gas. He is responsible for managing the Bank's Oil and Gas portfolio covering the Upstream, Midstream and Downstream subsectors of the Oil and Gas industry.

Mr. Okuntola holds a Bachelor of Economics degree from the Lagos State University and a Master of Business Administration (Petroleum and Energy Economics) from the European-American University. He has attended a number of executive management and banking specific programs in leading educational institutions.

The approval of the Central Bank of Nigeria has been received for the said appointment.

Thank you.

Company Secretary                                                                                     


Oyinade Adegite
Head, Communication and External Affairs +234-1-2715227

Golden Nwaiwu, Investor Relations