The managing director and co-founder of Guaranty Trust Bank, Tayo Aderinokun, has died. He was 57. Mr Aderinokun, who was on medical leave for some months, died in a United Kingdom hospital on Tuesday afternoon, a press release from the bank's corporate affairs, communication and external affairs division said.
His last major outing was online at a question and answer webcast session with customers and the general public on January 11.
Until his death, Mr Aderinokun was the chairman of the Association of Lekki Landlords and a supporter of the arts. He co-founded the bank popularly known as GT Bank in 1990 with Fola Adeola and served as deputy managing director for 12 years between 1990 and 2002, after which he became the managing director, a position he held until he died. He took ill in February. When Mr Aderinokun went on leave, an acting managing director, Segun Agbaje, took over. He was deputy managing director from 2002 until April 20.
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