 , the Managing Director of GTBU was Morenikeji Oludotun Adepoju, a native Nigerian with over 22 years of banking experience in Anglophone and Francophone West Africa.On Friday 25 July 2014, the Bank of Uganda, revoked the banking license of Global Trust Bank and closed down the institution with immediate effect.DFCU Bank acquired some of GTB's assets and liabilities, including customer deposits and loan accounts.