Home Latest Insights | News GTBank Grand Strategy in one Paragraph, from CEO Segun Agbaje

GTBank Grand Strategy in one Paragraph, from CEO Segun Agbaje

GTBank Grand Strategy in one Paragraph, from CEO Segun Agbaje

GTBank is a category-king banking institution in Nigeria. In many ways, it leads the sector.  It is a bank that I have studied; I’d shared the winning formula which partly made this bank what it is today. The CEO of the bank, Mr. Segun Agbaje , spoke this week in the  Social Media Week Lagos event. His talk was titled “Making Sense of a World in Motion”.

Here are the top-level takeaways:

  • Companies including banks would fail unless they transmute into platforms.
  • Collaboration is the key to winning on digital. Without collaboration and partnership, firms would struggle to have success.
  • Business will thrive if they develop capabilities on “flexibility and adaptability” in their business missions. For banks, with those two elements, they could effectively compete despite technology-driven disruptions in the industry.
  • The key factor of production right now is Access, not capital.
  • Entrepreneurs must demonstrate “integrity, transparency, hardwork and discipline.”
  • The customer is the “king, special and at the centre of everything.”

Then he provided the grand strategy of GTBank thus:

Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

To  “create a platform and partner anybody who has a service to offer. So that if as a customer, one comes into our ecosystem, you can do just anything. You could do your banking business, buy your tickets, insurance, travel; if you wanted a 10-day pay day loan, you can do it. So, really we want you to come into our ecosystem, maybe five times a day to do different things other than banking.”

Adapted from the Guardian


---

Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.

No posts to display

Post Comment

Please enter your comment!
Please enter your name here