Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) of the appointment of Mrs. Nneka Onyeali-Ikpe, as its incoming Managing Director/Chief Executive Officer, effective January 1, 2021.
The bank disclosed this in a notification to the NSE, signed by its Company Secretary, Ezinwa Unuigboje. According to the notice, the appointment of Onyeali-Ikpe followed the impending retirement of its Managing Director/Chief Executive Officer, Mr. Nnamdi Okonkwo, from the Board of Directors of the bank, with effect from December 31, 2020.
The Bank said: “In compliance with the succession policy of the bank, the board has approved the appointment of 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 Jan. 1, 2021.
According to the financial institution, the approval of the Central Bank of Nigeria (CBN) has been obtained for the appointment. It said the board had 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 CBN. Okonkwo was appointed to the Board of the bank in April 2012 as an Executive Director and was subsequently appointed the MD/CEO on January1, 2014.
The incoming MD was appointed to the Board of Fidelity Bank in 2015 as an Executive Director. She currently oversees the Lagos and Southwest Directorate. She has over 30 years of experience across various banks including Standard Chartered Bank Plc, Zenith Bank Plc and Citizens International Bank Limited, where she held several management positions in Legal, Treasury, Investment Banking, Retail/Commercial Banking and Corporate Banking.