In a regulatory filing on the corporate disclosure portal of NGX Regulation Limited, the Bank confirmed that it has obtained approval from the Central Bank of Nigeria (CBN) to appoint Alhaji Abdullahi Sarki Mohammed as an Independent Non-Executive Director, Ms. Obiaku Augusta Okam as a Non-Executive Director, and Mr. Sufiyanu Ibrahim Garba as an Executive Director, all effective January 14, 2025.
Alhaji Mohammed brings over 36 years of diverse experience in financial services, public administration, and human resources development, having served in significant leadership and executive positions at renowned institutions such as First Bank of Nigeria Plc and Polaris Bank Limited. His broad expertise includes banking, public service, and business advisory.
Ms. Okam has more than 30 years of extensive experience in the banking, financial services, real estate, and retail sectors. Currently serving as the Managing Director/CEO of Skycurve Nigeria Limited, she has previously held leadership roles at Zenith Bank Plc and Nigeria International Bank Limited (Citibank).
Mr. Garba possesses over 30 years of multifaceted and international experience at leading financial institutions in both Nigeria and the United Kingdom. He has held executive and leadership positions at notable financial and non-financial institutions, including Access Bank Plc, Union Bank of Nigeria Plc, and Keystone Bank Limited. His professional background encompasses banking, financial services, public service, general management, and business development across various sectors.
Commenting on the appointment, Mustafa Chike-Obi, Chairman of Fidelity Bank Plc, stated, “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.”
On January 16, 2025, the Bank issued a regulatory announcement regarding the honorable retirement of Alhaji Isa Mohammed Inuwa, a former Independent Non-Executive Director, and Mr. Chidi Agbapu, a former Non-Executive Director. Their retirements followed the completion of their terms in accordance with the Bank’s policies. The Bank expressed heartfelt gratitude for their contributions and extended best wishes for their future endeavors.
Fidelity Bank, recognized as one of Nigeria's leading banks, operates as a comprehensive commercial bank catering to over 8.3 million customers through its 251 branches in Nigeria and the United Kingdom, in addition to its digital banking services. The bank has received numerous accolades both locally and internationally, including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, Best Payment Solution Provider Nigeria 2023, and Best SME Bank Nigeria 2022 from the Global Banking and Finance Awards. Furthermore, it was honored as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023 and recognized as the Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.