- As Mustafa Chike-Obi retires
Fidelity Bank Plc has announced the appointment of Mrs. Amaka Onwughalu, an existing Non-Executive Director of the Bank, as Chairman of the Board of Directors with effect from January 1, 2026. The CBN has been formally notified of the appointment.
The appointment follows the retirement of the immediate past chairman, Mr. Mustafa Chike-Obi.
The bank in a statement dated, JANUARY 2, 2026, titled “Notice of Completion of Tenure of Chairman of the Board of Directors and Appointment of New Chairman” signed by Ezinwa Unuigboje, Company Secretary said the Board haying approved the retirement of Chike-Obi which is in accordance with the Bank’s policy, approved the appointment of Mrs. Amaka Onwughalu.
The statement read” Fidelity Bank Plc (the Bank) hereby notifies Nigerian Exchange Limited (NGX) and the General Public of the following developments on its Board of Directors:
Mr. Mustafa Chike-Obi, Non-Executive Director and Chairman of the Board, completed his tenure and stepped down from the Board of Directors of the Bank on December 31, 2025.
The Board has approved the retirement which is in accordance with the Bank’s policy.
Under his chairmanship, the Bank recorded significant growth across key financial indices with Mr. Chike-Obi leading the Board to ensure the successful execution of the Bank’s strategy and achievement of key milestones in line with the long-term vision of the Bank.
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