Ten years ago, precisely on the 14th of June, 2011, Nigeria, especially the banking industry lost a man who co-pioneered one of today’s livewire franchises in the banking industry.

Olutayo Aderinokun was Managing Director of Guaranty Trust Bank when he passed on in London after a protracted illness. Tayo, as he was fondly called, co-founded GT Bank with Fola Adeola in 1990 and was Deputy to Adeola as MD, before he himself took over as MD in August 2002.

Ten years after Tayo Aderinokun’s death, Guaranty Trust Bank has christened its new eight-storey training complex in his name at the Central Business District, Abeokuta in Ogun State.

The Complex which was commissioned last week is known as “Tayo’s Plaza.”

Tayo’s Plaza

Staff recruited by the bank will be trained in Tayo’s Plaza, in an effort to improve customer experience.

GT Bank’s Managing Director and CEO, Mr. Segun Agbaje, said that through the new training complex, the will continue to nurture and empower young people to think critically and break new grounds in excellence.

“We believe that talented, passionate and learned people are the most valuable assets of an organization and these are the values that Uncle Tayo inculcated in us”, he declared.

He said trainees will undergo a four month paid training programme and those who meet the cut off will be absorbed into the bank’s workforce.

From its commissioning day last week, Tayo’s Plaza started training some of the bank’s employees.

Tayo Aderinokun had his basic education at Baptist Day School, Kano, from 1961 to 1966. During the beginning of the Nigerian Civil War, his family relocated to Lagos where he attended Surulere Baptist School from 1966 to 1967, St. Peter’s College, Abeokuta, from 1968 to 1972 and St. Gregory’s Boys College, from Lagos from 1973 to 1974.

He obtained a bachelor’s degree in Business Administration from the University of Lagos, and later, an MBA in International Business from the Graduate School of Management, University of California at Los Angeles, UCLA, in 1981.

Tayo Aderinokun who was born on May 8, 1955 was a recipient of the Nigerian National Honour of Member of the Federal Republic, MFR.





  1. Tayo, didn’t only impact the banking world but even sports by instituting principal’s cup amongst secondary schools in Lagos and was said to move across the country before it was hijacked and made mess of. He deserves much more ,he lives in the sand of time.I pray for eternal rest for him in bosom of GOD, with that singular project, he made restive youths calm and productive. MAY HE REST IN PEACE. AMEN.

  2. Uncle T was a real gentleman. He was my MD when I worked as the Asst. Creative in GTBank in 2007. His humility and soft spoken nature was infectious.
    Continue to rest, Uncle T.

  3. This monument in honour of late Mr. Tayo is most deserving of this great banker. I didn’t know him in person but I benefited from his business acumen & that of his colleagues at the helm of affairs at GTB thru the Bank’s 1st Public Offer. My ‘shikini’ investment of mere N 51, 000. 00 yielded some millions ! His death was a great blow not just to GTB but to the banking industry & of course to investors . May his soul rest in peace, amen.

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