Access Bank Plc’s Board of Directors, has announced the resignation of Titi Osuntoki as the bank’s Executive Director, Business Banking Division.
Osuntoki’s resignation will take effect from Monday, March 18, 2019. Her decision to resign, according to Access Bank, was borne out of her commitment to pursue other interests.
About Titi Osuntoki
Titi Osuntoki has been an Executive Director of Business Banking Division at Access Bank Plc since October 2013. She has been Executive Director of Access Bank Plc since November 26, 2014. She has been Member of Supervisory Board at Access Finance B.V. since March 17, 2017.
Osuntoki is a highly qualified and experienced banker with over two decades of cognate experience cutting across all facets of banking. She joined Guaranty Trust Bank Plc in 1991. She served as the Head of Lagos Division of Guaranty Trust Bank Plc. She served as an Executive Director of Guaranty Trust Bank Plc from June 25, 2008, to October 2011.
Osuntoki served as the Chief Executive Officer of GTO Professional Services Limited, a business consultancy outfit based in Lagos. She serves as a Director of CRC Credit Bureau Limited and Patrick Learning and Speech Centre Limited.
She served as an Independent Non-Executive Director of Wapic Insurance Plc since January 1, 2013, until January 16, 2014.
Osuntoki is a Member of the Non-Oil/Non-Agric Policy Commission of the Nigerian Economic Summit Group.
She attended various executive management programmes in INSEAD, France; IMD, Switzerland etc. She is an alumnus of the Cranfield University School of Management, UK. Osuntoki holds a B.Sc. In Civil Engineering and also holds an MBA from the University of Lagos.
Meanwhile, the company’s results for the nine months ended September 30, 2018, show gross earnings increased from N365.1 billion recorded in 2017 to N375.2 billion in 2018.
Profit Before Tax dropped from N72 billion for the period in 2017 to N70.3 billion in 2018. Profit after tax, however, increased from N56.4 billion, in 2017 to N62.9 billion in 2018.
The company is currently trading N6.20 on the floor of the Nigerian Stock Exchange (NSE).