Fidelity Bank Plc has re-elected Amaka Onwughalu as its chairman and approved the appointment of Jonathan Ososuakpor as a Non-Executive Director at its 38th Annual General Meeting held virtually on 9 October 2026.

The bank also approved the retirement of Nelson Nweke as a Non-Executive Director, effective 9 October, according to resolutions filed with the Nigerian Exchange Limited.

Shareholders endorsed Onwughalu’s re-election and Ososuakpor’s appointment during the ordinary business proceedings of the meeting.

The meeting also authorised the bank’s directors to determine the remuneration of its external auditors for the 2026 financial year.

Shareholders also noted the remuneration of the bank’s managers, as disclosed in Note 40 of the bank’s 2025 audited financial statements.

Shareholders also took note of the remuneration paid to the bank’s managers, as disclosed in Note 40 of its 2025 audited financial statements.

The bank also reconstituted its Statutory Audit Committee for the period ending at its next Annual General Meeting, in accordance with Section 404 of the Companies and Allied Matters Act, 2020.

The committee comprises three shareholder representatives—Frank Onwu, Innocent Mmuoh and Kabiru Tambari—and two directors: Abdullahi Mohammed, an Independent Non-Executive Director, and Obiaku Okam, a Non-Executive Director.

Shareholders also received the bank’s audited financial statements for the year ended 31 December 2025, alongside reports from the directors, external auditors, audit committee and independent board appraisal consultants.