Tayo Aderinokun Dies At 56

By Osagie Alonge
GTBank PLC announced this evening, that their co-founder Tayo Aderinokun has passed.
The very much-liked banker who had been ill for a while, eventually passed today, leaving the entire corporate community, and many who encountered him in deep sorrow.
In an announcement through its Twitter account, GTBank said ‘We regret to announce the passing on of our CEO, Tayo Aderinokun, today, aged 56’ and also put up a picture of the former MD.
There was no information on the bank’s official website as at press time; except for a touching banner with the inscription ‘Tayo Aderinokun Passeson (1955 – 2011)’.
During his years of work, the well respected banker received many awards including ThisDay’s ‘Banker of the Year’ in 2006 and the PWC’s ‘Most Respected CEO’ in 2008. He was an entertainment enthusiast and art patron who encouraged GTB to support many entertainment related initiatives.
Multiple sources have also confirmed to us that Aderinokun who had been on sick leave for months now, passed on this afternoon Tuesday, June 14, 2011 at about 5:30pm in a UK hospital.
He reportedly had a long battle with Cancer of the lungs.
The Man Tayo Aderinokun
Tayo Aderinokun holds 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 includes 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-foundedGuaranty Trust Bank Plc where he served as Deputy Managing Director before taking over in his current position as Managing Director/Chief Executive Officer in August 2002. He is responsible for strategic policy direction as well as day-to-day administration of the Bank.
He is a fellow of the Chartered Institute of Bankers (CIBN) and holds a recipient of the national award - Member of the Federal Republic of Nigeria.
May His Soul Rest In Perfect Peace…