FIDELITYBK Notifies of Board Changes; Appoints Mrs. Nneka Onyeali-Ikpe as CEO


Monday, July 20, 2020 3:59PM / NSE/ Header Image Credit: fidelitybank

This is to notify the Nigerian Stock Exchange and the general public of the impending retirement of Mr. Nnamdi J. Okonkwo, the Managing Director/Chief Executive Officer (MD/CEO) of Fidelity Bank Plc, from the Board of Directors of the Bank, with effect from December 31, 2020, upon completion of his contract tenure.


In compliance with the succession policy of the Bank, the Board has approved the appointment of Mrs. Nneka Onyeali -Ikpe, the current Executive Director, Lagos and South West Directorate as the MD/CEO Designate of the Bank, to assume office with effect from January 1, 2021. The approval of the Central Bank of Nigeria has been obtained for the appointment.


The Board has also approved the appointment of Mr. Kevin Ugwuoke, the current Chief Risk Officer of the Bank, as Executive Director, Chief Risk Officer, subject to the approval of the Central Bank of Nigeria.

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Graph - One Year Share Price Movement

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Table:  Q1 2020 Unaudited Results

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