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eBusiness Life Magazine > Blog > NewsBytes > Fidelity Bank Debunks Rumours of Probe Against Former CEO, Nnamdi Okonkwo
NewsBytes

Fidelity Bank Debunks Rumours of Probe Against Former CEO, Nnamdi Okonkwo

ELadmin1
Last updated: 2021/07/07 at 10:05 AM
By ELadmin1
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The management of Fidelity Bank Plc has denied stories making the round that the Board of Directors of the Bank has approved a probe of its former Managing Director/CEO, Mr. Nnamdi Okonkwo.

In a released signed by the Director, Corporate Communications, Mr. Ejike Ndiulo, the bank stated: “Our attention has been drawn to false information posted on some online platforms alleging that the Board of Directors of Fidelity Bank Plc has approved a probe of our former Managing Director/CEO, Mr. Nnamdi Okonkwo. The story is entirely false, malicious and should be discountenanced.”

The statement further noted that Mr.  Okonkwo served the bank meritoriously as Managing Director and Chief Executive Officer between 2014 and 2020 and led his team to achieve impressive results.

It emphasised that: “For the avoidance of doubt, the Board of Directors continues to hold Mr. Okonkwo in high esteem and wish him well in his future endeavours.”

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The bank had at Mr. Okonkwo’s retirement assured customers that the bank under the new leadership will consolidate on the already laid foundation and track record of performance, to execute the next growth phase.

The erstwhile MD/CEO, Mr. Nnamdi Okonkwo who retired on December 31, 2020, after completing his contract tenure in line with the bank’s governance policy was replaced by Mrs. Nneka Onyeali-Ikpe who was formerly the Executive Director, Lagos and South West Directorate of the bank and had been an integral part of management in the last 6 years. 

ELadmin1 July 7, 2021 July 7, 2021
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