By Ayomide Otitoju
Fidelity Bank Plc, one of Nigeria’s leading financial institutions, has announced key changes to its Board of Directors to enhance its operational efficiency and sustain its growth trajectory. The appointments, effective January 14, 2025, received approval from the Central Bank of Nigeria (CBN), according to a regulatory disclosure filed with NGX Regulation Limited.
The new appointees include:
Alhaji Abdullahi Sarki Mohammed as an Independent Non-Executive Director.
Ms. Obiaku Augusta Okam as a Non-Executive Director.
Mr. Sufiyanu Ibrahim Garba as an Executive Director.
Diverse Expertise
Alhaji Mohammed brings over 36 years of experience spanning financial services, public administration, and human resources development, with leadership roles at First Bank of Nigeria Plc and Polaris Bank Limited.
Ms. Okam, the Managing Director/CEO of Skycurve Nigeria Limited, boasts more than 30 years of expertise in banking, financial services, real estate, and retail. She has held executive positions at Zenith Bank Plc and Citibank Nigeria.
Mr. Garba offers over three decades of multifunctional experience across financial institutions in Nigeria and the United Kingdom, including Access Bank Plc, Union Bank of Nigeria Plc, and Keystone Bank Limited. His expertise spans banking, financial services, and business origination.
Leadership Endorsement
Commenting on the appointments, Mustafa Chike-Obi, Chairman of Fidelity Bank Plc, said:
“The Board welcomes these distinguished individuals and looks forward to leveraging their extensive experience to drive the Bank’s strategic objectives and further its growth trajectory.”
Retirement of Key Board Members
In a separate filing on January 16, 2025, Fidelity Bank announced the retirement of Alhaji Isa Mohammed Inuwa, an Independent Non-Executive Director, and Mr. Chidi Agbapu, a Non-Executive Director, following the completion of their tenures. The Bank expressed appreciation for their contributions and wished them success in their future endeavors.
Bank Overview
Fidelity Bank serves over 8.3 million customers through 251 business offices in Nigeria, the United Kingdom, and its digital banking platforms. The bank has earned numerous accolades, including:
Export Finance Bank of the Year (2023 BusinessDay BAFI Awards).
Best Payment Solution Provider Nigeria (2023 Global Banking and Finance Awards).
Best SME Bank Nigeria (2022 Global Banking and Finance Awards).
Best Bank for SMEs in Nigeria and Best Domestic Private Bank in Nigeria (2023 Euromoney Awards for Excellence).
Fidelity Bank’s strategic realignment underscores its commitment to delivering exceptional financial services and fostering sustainable growth.
