The Board of Directors of foremost African financial institution; Guaranty Trust Bank plc, has announced the appointment of Babatunde Soyoye as an Independent Non-Executive Director of the Bank.

Mr. Soyoye is a seasoned professional with over twenty-four (24) years’ work experience, twenty-one (21) of which has been spent in investment/financial advisory services.

He is the co-founder and Managing Partner of Helios Investment Partners LLP, a private investment firm with its principal office in the United Kingdom, formed to pursue alternative asset class investments in Sub-Saharan Africa, specializing in investment in companies, growth capital for private enterprises, restructurings, joint ventures, start-ups and structured investments.

Prior to co-founding Helios Investment Partners, Mr. Soyoye was a Principal responsible for Telecoms & Media investments across Europe for TPG Capital. Before that, he served as a senior member of the corporate strategy team at British Telecom, and manager of business development at Singapore Telecom International.

Announcing the new appointment, the Chairman of the Bank, Mrs. Osaretin Demuren stated that: “As a Bank, we maintain high corporate governance standards and ensure that Board appointments are in line with global best practices and industry standards”. She further stated, “Babatunde brings to the board, a wealth of experience garnered over two decades and I am confident that his appointment will further strengthen and position the bank for improved performance“.

Guaranty Trust Bank plc was established in 1990 and is regarded by Industry watchers as the best run and most ethical financial institution within the Nigerian Financial Services space, due to its bias for world-class corporate governance standards, excellent service quality and innovation. The Bank is one of the few Nigerian financial institutions to have a well-articulated succession plan and this has enabled it seamlessly undertake two management and several board changes since inception.

The Bank operates from over 238 branches within the country and has banking subsidiaries in Kenya, Rwanda, Uganda, Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.