Fidelity Bank extends GMD/CEO contract

Fidelity Bank Plc has decided to prolong Dr. Nneka Onyeali-Ikpe’s employment term as GMD/CEO from 2024 to 2026. This decision was made public.

According to The Times, The warning sent by the company to the Nigerian Exchange Limited.

The decision was made at the board meeting on February 12, 2024, according to the statement, which was signed by the company secretary, Ezinwa Unuigboje.

It further stated that the extension is predicated on Dr. Nneka Onyeali-Ikpe’s excellent performance since taking office on January 1, 2021, and furthers the Bank’s strategic objectives.

The Board expressed confidence in Dr. Nneka Onyeali-Ikpe’s ability to lead the Bank’s performance, noting that they look forward to collaborating closely with her and the Executive Management Team on the implementation of various strategic initiatives, including international expansion.

According to the statement,” it was announced that Mrs. Nneka Onyeali-Ikpe will be joining the company as Chief Executive Officer Designate on January 1, 2021″.

Her nomination comes as Mr. Nnamdi J. Okonkwo, who is set to retire from the bank’s board of directors on December 31, 2020, is about to leave.

In addition to her time at Standard Chartered Bank Plc, Zenith Bank Plc, and Enterprise Bank Plc, Onyeali-Ikpe boasts over thirty years of banking experience. She became a member of the board of directors of Fidelity Bank Plc in 2015, and it is said that she was instrumental in the change of the bank’s Southwest and Lagos Directorate.

Over the past five years, Fidelity Bank has seen generally strong financial success, to which Onyeali-Ikpe has made a significant contribution.

She received her legal degree from the University of Nigeria in Nsukka, and she also has an LLM from Kings College, London. The University of Pennsylvania, INSEAD School of Business, Wharton School, London Business School, Harvard Business School, and other prestigious institutions have all awarded further professional credentials.