Heritage Bank Plc Announced George-Taylor Akinola As New Acting Managing Director

Following the approval of the Board of Directors and Central Bank of Nigeria, Heritage Bank Plc has appointed Akinola George-Taylor as its new Managing Director in an acting capacity.

Goerge-Taylor will take over from Dr Ifie Sekibo who has been with the bank for more than 10 years. As an experienced banker with more than 20 years working in the banking and financial services sector, Taylor is expected to oversee the bank operation in Nigeria and lead it to new heights. 

Taylor started his banking career in 1993 with GTBank where George-Taylor rose to the position of Executive Director in charge of Public Sector Group, Abuja and North Central. 

Whilst at the Bank, he has held various positions in different business sectors. He was also Managing Director of GTBank in Sierra Leone between 2005 and 2009.

The bank also announced the appointment of Osepiribo Ben-Willie and George Oko-Oboh as executive directors. 

While Ben-Willie is currently the Directorate Head South-South, South-East and Private Wealth Management Team in Heritage, Oko-Oboh currently heads the Abuja and North Directorate Business of Heritage Bank Plc. 

The bank further stated that the newly appointed Acting Managing Director and his team of Executive Directors commenced their respective tenors on Monday 12th September 2022. 

Heritage bank plc is one of the oldest commercial banks in Nigeria. It was founded in 2012. However, its root could be traced to the late 1970s with the defunct Societe Generale Bank of Nigeria. 

Amid the new minimum capital requirement of the Central Bank, Societe Generale Bank was closed down by the CBN in 2006. The bank however challenged the closure in court. 

In December 2012, the Central Bank re-issued Societe Generale’s banking license. Having acquired the banking license, the new ownership re-branded the bank as Heritage Banking Company Limited and opened for business under the new name on 4 March 2013.