This is to notify the Nigerian Stock Exchange and the Investing Public of the retirement of Mohammed Balarabe, the Deputy Managing Director (DMD) from the Board of Fidelity Bank Plc, with effect from December 31, 2019, in accordance with the Bank's Human Capital Policy and predicated on attainment of the retirement age.
The retirement of Mohammed Balarabe has been approved by the Board of Directors and the Central Bank of Nigeria has also been formally notified. Mohammed Balarabe was appointed to the Board of Fidelity Bank on April 01, 2012 and as Deputy Managing Director (DMD) on May 02, 2016.
He is currently serving as the Deputy Managing Director (DMD) and also in charge of Commercial and Consumer Banking (North), with responsibilities covering the management of Fidelity Bank's locations in Northern Nigeria and the Federal Capital Territory, Abuja.
In keeping with our succession plan, the Board of Fidelity Bank Pic has appointed Hassam Imam as the new Executive Director (North Directorate). This appointment has also been approved by the Central Bank of Nigeria (CBN) to take effect on January 01, 2020.
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1. Fidelity Bank Plc Notifies of Closure Of Trading Window For Dealing In Its Shares