SAN FRANCISCO, January 03, (THEWILL) – Fidelity Bank Plc has announced that its newly appointed Managing Director/CEO, Mrs Nneka Onyeali-Ikpe, has assumed duties.
Mrs. Onyeali-Ikpe, whose tenure formally commenced on January 1, 2021 becomes the 4th chief executive and first female to occupy the position since the inception of the bank in 1988.
She succeeds the erstwhile MD/CEO, Mr. Nnamdi Okonkwo who retired on December 31, 2020, after completing his contract tenure in line with the bank’s governance policy.
Fidelity Bank in an email at the weekend, assured customers that the bank “under her leadership will consolidate on the already laid foundation and track record of performance, to execute the next growth phase”.
The tier-2 lender said that Mrs. Onyeali-Ikpe was formerly its Executive Director, Lagos and South West Directorate and has been an integral part of management in the last six years.
It further disclosed that the newly appointed MD/CEO joined the bank in 2015 and spearheaded the transformation of the Directorate that led to profitability.
The development, the Bank said, accounted for its impressive year-on-year growth across key performance metrics, including contributing over 28 per cent of the Bank’s PBT, 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.
“As an Executive Director at legacy Enterprise Bank Plc, she received formal commendation from the Asset Management Corporation of Nigeria (AMCON), as a member of the management team that successfully turned around Enterprise Bank Plc,” Fidelity Bank stated.
Mrs Onyeali-Ikpe holds Bachelor of Laws (LLB) degree from the University of Nigeria, Nsukka; a Master of Laws (LLM) degree from Kings College, London; and has attended executive training programmes at notable global institutions.
These include Harvard Business School; The Wharton School University of Pennsylvania; INSEAD School of Business; Chicago Booth School of Business; London Business School and Institute for Management Development (IMD), Switzerland.
