FIDELITY Bank Extends Onyeali-Ikpe’s Contract As GMD

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FIDELITY Bank Plc has announced its Board of Directors’ decision to extend the employment contract of its GMD/CEO, Nneka Onyeali-Ikpe, from 2024 to 2026.

The decision was taken at the board’s meeting on February 12, 2024, according to a notice at the Nigerian Exchange Limited (NGX).

The extension is in furtherance of the bank’s strategic objectives and premised on Onyeali-Ikpe’s sterling performance since assumption office on January 1, 2021.

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Fidelity Bank recently released its full-year 2023 financial statements, reporting gross earnings growth of 72 per cent to N575.421 billion from N334.966 billion in 2022.

Its Profit After Tax (PAT) rose in 2023 to N99.902 billion from N47.165 billion in 2022, up by 112 per cent.

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