{"id":77468,"date":"2020-12-30T20:28:28","date_gmt":"2020-12-30T19:28:28","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=77468"},"modified":"2020-12-30T20:28:28","modified_gmt":"2020-12-30T19:28:28","slug":"fidelity-bank-announces-board-retirements-and-new-appointments","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/fidelity-bank-announces-board-retirements-and-new-appointments\/","title":{"rendered":"FIDELITY BANK ANNOUNCES BOARD RETIREMENTS AND NEW APPOINTMENTS"},"content":{"rendered":"
\n
Fidelity Bank Plc wishes to announce new Board appointments in place of<\/div>\n
\n
\n

some of its outgoing Directors, who recently successfully completed
\ntheir tenure on the Board in accordance with the Bank’s internal
\ngovernance policies.<\/p>\n

Mrs. Aku Odinkemelu, Executive Director, South Directorate, who was
\nappointed to the Board on August 4, 2014, will be retiring by December
\n31, 2020. As Executive Director, Aku played a defining role as a member
\nof the transformation team in Fidelity Bank over the last 6 plus years.
\nHer responsibilities covered the Commercial, SME, Consumer and Public
\nSector businesses of Fidelity Bank in the South East and South-South
\nRegions of Nigeria and she provided leadership for 90 business offices
\nwithin the 11 States under her purview, with her Directorate accounting
\nfor 31% of deposits, and 21% of Loans. In addition, the South
\nDirectorate under her supervision generated the highest PBT in the bank
\nover the last 5 years 2015 \u2013 2019, contributing over 23% of the total
\nbank’s profit over the period.<\/p>\n

Chief Charles Umolu, Non-Executive Director, completed his tenure and
\nretired from the Board on December 16, 2020. He served on the Board
\nRisk, Credit, Finance & General Purpose, Audit and Corporate Governance
\nCommittees and chaired the Board Credit Committee until he retired. Mr.
\nMichael Okeke, also a Non-Executive Director, successfully completed his
\ntenure and retired on December 18, 2020. He was a member of various
\nBoard Committees including the Board Corporate Governance Committee,
\nwhich he chaired from October 2018 to December 2019. Another Non-
\nExecutive Director, Mr. Alex Ojukwu, will complete his tenure and retire
\nby December 31, 2020. He currently serves on the Board Credit, Risk,
\nAudit and Corporate Governance Committees and chairs the Board Risk
\nCommittee.<\/p>\n

The Board expresses its profound appreciation to the outgoing Executive
\nand Non-Executive Directors for their impressive contributions to the
\ngrowth and development of the Bank. “Fidelity Bank is privileged to have
\nbenefited from the combined experience and expertise of these very
\naccomplished Lady and Gentlemen. We thank them for their service to the
\nBank and wish them the very best in their future endeavors” said Mr.
\nMustafa Chike-Obi, Chairman, Fidelity Bank Plc.<\/p>\n

In place of the retired and outgoing Non-Executive Directors, the Board
\nis pleased to announce the appointment of Mrs. Amaka Theodora Onwughalu,
\nMr. Nelson Chidozie Nweke and Mr. Chinedu Eric Okeke as Non-Executive
\nDirectors. The appointments of Mrs. Onwughalu and Mr. Nweke have been
\napproved by the Central Bank of Nigeria (CBN) whilst that of Mr. Okeke
\nis awaiting CBN approval.<\/p>\n

Mrs. Amaka Onwughalu has over 30 years’ banking experience including
\nover 10 years in Executive Management in various financial institutions,
\nwith proven expertise across diverse segments including Commercial
\nBanking, Retail Banking, Treasury Management, Banking Operations and
\nCorporate Banking. She served in executive management positions in
\ndifferent institutions and was the former Group Managing Director of
\nlegacy Mainstreet Bank Limited where she led the successful execution of
\na seamless integration of the bank with Skye Bank Plc where she served
\nas Deputy Managing Director until her retirement in July 2016.<\/p>\n

She is currently the Chief Executive Officer of Blueshield Financial
\nServices Limited and holds a BSc Degree in Economics from the University
\nof Buckingham, an MSc Degree in Corporate Governance from Leeds
\nMetropolitan University, United Kingdom and an MBA from the University
\nof Port Harcourt, Nigeria. She gained further exposure and training at
\nthe Executive Business School, INSEAD, France; IMD Business School,
\nLausanne, Switzerland; Judge Business School, University of Cambridge;
\nand Columbia Business School, USA.<\/p>\n

Mrs. Onwughalu is a Senior Fellow of the Institute of Internal Auditors
\nof Nigeria; a Fellow of the Institute of Credit Administration (ICA); a
\nMember of the Nigeria Institute of Management (NIM); an Honorary Member
\nof the Chartered Institute of Bankers of Nigeria (CIBN); and a Fellow of
\nthe Institute of Directors (IoD).\u00a0 She is passionate about mentoring the
\nGirl Child and committed to supporting women entrepreneurs\/professionals
\nto contribute their quota to stimulating economic development in
\nNigeria. She is a Paul Harris Fellow and recipient of various
\nprestigious awards including the National Merit Award for Accountability
\nand Transparency (NMAT), the Award of Excellence and Distinction for
\nFinancial Management (AEDFM) and the Vocational Service Award (VSA) from
\nthe Rotary Club, Enugu.<\/p>\n

Mr. Nelson Nweke, currently serves as the Managing Director of Neilville
\nNigeria Limited and had an extensive career in the financial services
\nsector, rising to the position of Executive Director at legacy
\nIntercontinental Bank Plc. His banking industry experience covers
\nOperations, Public Sector, Corporate Services and Human Resources
\nAdministration. He holds a Bsc. in Political Science and an Msc. in
\nIndustrial and Labour Relations, both from the University of Ibadan and
\nhas attended various executive development programmes at world class
\nbusiness schools including INSEAD, France; IMD, Lausanne, Switzerland;
\nand Harvard Business School amongst others.<\/p>\n

Mr. Nweke is an Associate Member of the Chartered Institute of
\nStockbrokers (CIS), Member Chartered Institute of Personnel Management
\n(CIPM) and Nigeria Institute of Management (NIM).\u00a0 Prior to joining the
\nBoard of Fidelity Bank, Mr. Nelson Nweke had previously served as a
\nNon-Executive Director of Premium Pension Limited and was a member of
\nthe Governing Council of Anambra State Investment Promotion and
\nProtection Agency between 2014 and 2018. He is presently an Independent
\nNon-Executive Director at Berger Paints PLC.<\/p>\n

Mr. Chinedu Eric Okeke is the Managing Director of Azura Power West
\nAfrica Limited, an infrastructure development and operating company with
\nspecial focus on emerging markets in Africa, including Nigeria. Prior to
\njoining Azura in 2014, Mr. Okeke had a stellar career spanning over
\nnineteen years in a succession of blue-chip companies including Guinness
\nNigeria Plc, Lafarge Plc, Schlumberger Oilfield Services, and General
\nElectric (GE). His areas of interest and specialization across
\ngeographies (Nigeria, France, South Africa, Vietnam and Pakistan),
\ncovers Technology, Power, Corporate Strategy, Finance, Market Analysis
\nand International Development.<\/p>\n

Mr. Okeke has held executive and senior management positions in various
\nclimes, with direct responsibility for teams of diverse and
\nmulticultural professionals and demonstrated ability to develop and
\nmaintain strategic client relationships and deliver quality results
\nunder complex conditions. He holds a B.Eng. Degree in Electronic
\nEngineering from the University of Nigeria, Nsukka (UNN) and an MBA from
\nImperial College, London. He has attended executive training programmes
\nat various premier institutions including Gordon Institute of Business
\nScience, South Africa; INSEAD, France; Graduate School of Business,
\nStanford, USA, College of Management, Georgia Institute of Technology,
\nUSA and GE John F. Welch Leadership Development Centre, USA.<\/p>\n

The Board is pleased with the appointments and confident that the new
\nDirectors will bring their considerable experience to bear in the bank’s
\ngrowth trajectory. “We are very delighted to welcome the newly appointed
\nDirectors to the Fidelity family. These appointments end the on-going
\nboard realignment, occasioned by the retirements that had to happen, in
\nline with our governance policies. We look forward to leveraging on the
\nmulti-disciplinary experiences of Amaka, Nelson and Chinedu in executing
\nthe next growth phase of Fidelity Bank”, stated Chike-Obi.<\/p>\n<\/div>\n<\/div>\n

\"\"\"\"<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fidelity Bank Plc wishes to announce new Board appointments in place of some of its outgoing Directors, who recently successfully completed their tenure on the Board in accordance with the…<\/p>\n","protected":false},"author":1,"featured_media":77472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-77468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nFIDELITY BANK ANNOUNCES BOARD RETIREMENTS AND NEW APPOINTMENTS - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/fidelity-bank-announces-board-retirements-and-new-appointments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIDELITY BANK ANNOUNCES BOARD RETIREMENTS AND NEW APPOINTMENTS - 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