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Guaranty Trust Bank plc has confirmed the date and venue for its 23rd Annual General Meeting at which the Bank’s 2012 financial results will be presented to its shareholders. The results, which were approved earlier this month by the Central Bank of Nigeria and released to operators of the Nigerian Stock Exchange reported a Profit Before Tax of N103 billion, the highest for any Nigerian Bank.

According to information from the Bank, its 23rd Annual General Meeting would take place on Thursday April 25th, 2013 at Zinnia Hall, Eko Hotel and Suites, Lagos by 10am prompt. The Meeting’s agenda would include receipt of the audited financial statement for 2012, declaration of dividend, and election of directors and members of the Bank’s audit committee.

Additionally, Egbert Imomoh (CON), the new chairman of the Board, would be presented to shareholders as replacement for Oluwole Oduyemi, the incumbent chairman, who is retiring from the Board in compliance with the Bank’s code of corporate governance, which stipulates a retirement age of 70 years for Non-Executive Directors of the Bank.

Commenting on the development, Segun Agbaje, chief executive officer of Guaranty Trust Bank plc, said the Bank maintains high corporate governance standards and has a defined succession strategy to address board and management vacancies. He confirmed that Oduyemi had attained the retirement age of 70 years and would be stepping down as a director at the forthcoming Annual General Meeting.

Read also: Guaranty Trust Bank holds 7th annual Autism program

Guaranty Trust Bank plc has confirmed the date and venue for its 23rd Annual General Meeting at which the Bank’s 2012 financial results will be presented to its shareholders. The results, which were approved earlier this month by the Central Bank of Nigeria and released to operators of the Nigerian Stock Exchange reported a Profit Before Tax of N103 billion, the highest for any Nigerian Bank.

According to information from the Bank, its 23rd Annual General Meeting would take place on Thursday April 25th, 2013 at Zinnia Hall, Eko Hotel and Suites, Lagos by 10am prompt. The Meeting’s agenda would include receipt of the audited financial statement for 2012, declaration of dividend, and election of directors and members of the Bank’s audit committee.

Additionally, Egbert Imomoh (CON), the new chairman of the Board, would be presented to shareholders as replacement for Oluwole Oduyemi, the incumbent chairman, who is retiring from the Board in compliance with the Bank’s code of corporate governance, which stipulates a retirement age of 70 years for Non-Executive Directors of the Bank.

Commenting on the development, Segun Agbaje, chief executive officer of Guaranty Trust Bank plc, said the Bank maintains high corporate governance standards and has a defined succession strategy to address board and management vacancies. He confirmed that Oduyemi had attained the retirement age of 70 years and would be stepping down as a director at the forthcoming Annual General Meeting.