Top banker and Managing Director of Guaranty Trust Bank Plc, Mr. Tayo Aderinokun, is dead.Aged 56, he died on Tuesday in a London hospital after a bout of illness.
His transition was confirmed by the bank in a statement.
According to his website, tayoaderinokun.com, the flamboyant banker had a first degree in Business Administration from the University of Lagos and an MBA with special concentration on International Business from the Graduate School of Management, University of California, Los Angeles.
His professional education included Credit and Relationship Management training at the Chase Manhattan Bank Institute for International Banking New York, USA (1982-1983). His professional working experience was gained working with several financial institutions beginning with the Central Bank of Nigeria in Calabar, where he did his National Youth Service (1977-1978).
He worked with Chase Merchant Bank Nigeria Ltd (later renamed Continental Merchant Bank) from 1981 to 1988. He was at Prime Merchant Bank Ltd (1988 and 1989) as an Assistant General Manager rising to the position of Head of the financial services division of the Bank. In 1989, he set up a non-bank financial institution, First Marina Trust Ltd., which he ran for a year.
In 1990, he co-founded Guaranty Trust Bank Plc where he served as Deputy Managing Director before taking over in his last position as Managing Director/Chief Executive Officer in August 2002. He was responsible for strategic policy direction as well as day-to-day administration of the bank.
He was a fellow of the Chartered Institute of Bankers and was a recipient of the national award - Member of the Federal Republic of Nigeria.
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