Fidelity Bank shareholders approve N19.2 billion final dividend for 2023

Dr. Nneka Onyeali-Ikpe will continue to lead Fidelity Bank until 2026 after the CEO’s contract was extended.

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Dr. Nneka Onyeali-Ikpe will continue to lead Fidelity Bank until 2026, after the CEO’s contract is extended.

Fidelity Bank Plc has announced the extension of Dr. Nneka Onyeali-Ikpe’s tenure as the Group Managing Director/Chief Executive Officer (GMD/CEO) from 2024 to 2026. This decision, disclosed in a notice to the Nigerian Exchange Limited (NGX), emphasizes the board’s confidence in Onyeali-Ikpe’s leadership and underscores her outstanding performance since assuming office on January 1, 2021.

The decision was made official during the board meeting held on February 12, 2024, as confirmed by Ezinwa Unuigboje, the company secretary. The extension aligns with the bank’s strategic goals and acknowledges Onyeali-Ikpe’s significant contributions to Fidelity Bank’s growth and transformation, particularly during her tenure.

 

Onyeali-Ikpe, with over three decades of banking experience, has held prominent positions in reputable institutions like Standard Chartered Bank Plc, Zenith Bank Plc, and Enterprise Bank Plc. Since joining Fidelity Bank’s board in 2015, she has been instrumental in reshaping the bank’s operations, notably in the Lagos and Southwest Directorates.

 

Her leadership has been pivotal in driving the bank’s positive financial performance over the past five years, reflecting her commitment to excellence and strategic foresight. Notably, she holds academic credentials from esteemed institutions such as the University of Nigeria, Nsukka, and Kings College London, complemented by professional certifications from prestigious business schools worldwide.

 

The announcement underscores Fidelity Bank’s commitment to continuity and stability, positioning the institution for sustained growth and expansion under Onyeali-Ikpe’s astute leadership. With her extended tenure, stakeholders anticipate continued progress and the execution of strategic initiatives, including international expansion, fostering optimism for the bank’s future trajectory.

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