Fidelity Bank Appoints Nneka Onyeali-Ikpe As New CEO

As Chief Executive Officer of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has formally assumed her position. She will also become the bank’s first female executive.

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This was confirmed in a statement by Fidelity Bank, which stated that from 1 January 2021 her position was effective. She succeeded Mr. Nnamdi Okonkwo, whose contract was officially terminated on 31 December 2020.

Fidelity Bank says the leadership of Onyeli-Ikpe would guarantee growth based on a track record of success.

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• “Under Mrs. Onyeali-Ikpe’s leadership, the bank will consolidate on the already laid foundation and track record of performance, to execute the next growth phase. Onyeali-Ikpe was formerly the Executive Director, Lagos and southwest Directorate of the bank, and has been an integral part of management in the last six years.
• “She joined the bank in 2015 and spearheaded the transformation of the Directorate, leading it to profitability and sustained its impressive year-on-year growth across key performance metrics, including contributing over 28 percent of the Bank’s profit before tax, Deposits, and Loans.
• “She is vastly experienced and has spent over 30 years working across various banks, including Standard Chartered Bank Plc, Zenith Bank Plc, and Citizens International Bank/Enterprise Bank, where she held several management positions in Legal, Treasury, Investment Banking, Retail/Commercial Banking, and Corporate Banking.
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• “As an Executive Director at Legacy Enterprise Bank Plc, she received a formal commendation from the Asset Management Corporation of Nigeria (AMCON), as a member of the management team that successfully turned around Enterprise Bank Plc.”

Things To Note Here

• It was reported in July that Fidelity Bank Plc announced the appointment of Mrs. Nneka Onyeali-Ikpe as its new Chief Executive Officer Designate.
• In December, it was reported that Mrs. Nneka Onyeali-Ikpe purchased additional five million units of the bank’s shares totaling N12.97million.