**Fidelity Bank Welcomes New Board Appointments for Enhanced Leadership**
In a strategic move aimed at bolstering its exceptional performance, Fidelity Bank Plc, a prominent financial institution, has recently announced significant changes to its Board of Directors, effective January 14, 2025. This decision comes as part of the bank’s continuous efforts to strengthen its leadership team and drive strategic growth.
**New Board Appointments**
The Central Bank of Nigeria (CBN) has granted approval for the appointment of three key individuals to the Board of Directors of Fidelity Bank. Alhaji Abdullahi Sarki Mohammed has been appointed 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 from January 14, 2025.
Alhaji Mohammed brings a wealth of experience with over 36 years in financial services, public administration, and human resources development. Ms. Okam, with more than 30 years of experience, has a strong background in banking, financial services, real estate, and retail sectors. Mr. Garba, with over 30 years of multifunctional and cross-border experience, has held executive roles at prestigious financial institutions in Nigeria and the United Kingdom.
**Chairman’s Perspective**
Mustafa Chike-Obi, Chairman of Fidelity Bank Plc, expressed his enthusiasm for the new appointments, stating, “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 Announcement**
In a separate regulatory filing, the bank also announced the retirement of Alhaji Isa Mohammed Inuwa and Mr. Chidi Agbapu, former Independent Non-Executive Director and Non-Executive Director, respectively. The retirement follows the completion of their tenures in line with the bank’s policies, with the Board expressing sincere appreciation for their service.
**Bank’s Achievements**
Fidelity Bank, recognized as one of the best banks in Nigeria, serves over 8.3 million customers through various channels, including 251 business offices in Nigeria and the United Kingdom, as well as digital banking platforms. The bank has received numerous awards, such as the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, highlighting its commitment to excellence in the financial sector.
