Nigeria’s tier-2 lender Fidelity Bank Plc, has announced its Board of Directors’ decision to extend the employment contract of its group managing director and chief executive officer, Dr. Nneka Onyeali-Ikpe, from 2024 to 2026.
Mr Ezinwa Unuigboje, the Company Secretary, said this in a regulatory filing sent to the Nigerian Exchange in Lagos on Wednesday. Unuigboje stated that the decision was taken at the board’s meeting on Feb. 12, 2024.
He explained that the extension is in furtherance of the bank’s strategic objectives and premised on Onyeali-Ikpe’s performance since her assumption of office on Jan. 1, 2021. The Board expressed confidence that the bank’s performance will continue its upward trajectory under Onyeali-Ikpe’s leadership.
They also look forward to working closely with her and the executive management team on the execution of various strategic initiatives, including international expansion, according to the statement.
