Fidelity Bank Plc has announced the appointment of Mustafa Chike-Obi as its Chairman following the resignation of Ernest Ebi, who held the position.
The bank’s board also announced that Seni Adetu, who has been serving as an Independent Non-Executive Director, will be stepping down.
According to a statement issued by the bank, Ebi will continue in the role until the in-coming Chairman assumes office, as part of the process of ensuring a smooth and successful transition.
“The changes being announced further attest to Fidelity Bank’s high governance standards and best practices in compliance with internal succession policies,” it said.
The bank’s Managing Director/CEO, Nnamdi Okonkwo, commended the contributions of the outgoing board members, saying the board and indeed the bank has benefited immensely from their experiences.
Chike-Obi, the inaugural Managing Director/CEO of the Asset Management Corporation of Nigeria (AMCON) is currently the Executive Vice Chairman at Alpha African Advisory.
He has over 40 years of experience in investment banking and the financial services sector, working with reputable global investment banking and asset management firms.
