Home Uncategorized First Female MD/CEO Takes Over Fidelity Bank

First Female MD/CEO Takes Over Fidelity Bank

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The first ever female Managing Director and Chief Executive Officer to head Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has formally assumed office as the fourth helmsman of the financial institution.

Her emergence takes effect from January 1, 2021 following the expiration of the tenure of Mr. Nnamdi Okonkwo. The bank in an e-mail said Okonkwo’s contract tenure ended on December 31, 2020 in line with its governance policy.

The email assured the bank’s customers that: “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 South West 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 per cent 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.

“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.

“She holds a Bachelor of Law (LLB) degree from the University of Nigeria, Nsukka; a Master of Law (LLM) degree from Kings College, London; and has attended executive training programmes at notable global institutions, including Harvard Business School; The Wharton School, University of Pennsylvania; INSEAD School of Business; Chicago Booth School of Business; London Business School and IMD,” the email said, in a citation.

Source, News Agency of Nigeria (NAN)

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