Fidelity Bank appoints new Independent Non-exclusive Director

Fidelity Bank Plc has announced the appointment of Mrs. Morohunke Adenike Bammeke, as an Independent Non-executive Director of the bank, with effect from November 18, 2021.

This is according to a press release issued by the bank and signed by its secretary, Ezinwa Unuigboje, made available on the website of the Nigerian Exchange Limited (NGX). The appointment has been approved by the Central Bank of Nigeria (CBN).

According to the disclosure, the appointment is in furtherance of the Bank’s strategic objectives and has been communicated to the Securities and Exchange Commission, Nigeria Deposit Insurance Corporation and Financial Reporting Council of Nigeria.

The Board looks forward to working very closely with her to sustain the Bank’s upward performance trajectory. It (Board) believes that her addition will bring immense benefits and significant growth to the bank.

The appointment of Mrs. Bammeke brings the number of Independent Non-Executive Directors on the Board of Fidelity Bank Plc to three (3), having previously appointed Alhaji Isa Mohammed Inuwa and Engr. Henry Ikem Obih as Independent Non-Executive Directors.

Mrs. Bammeke who is currently the Managing Director of Cedar Capital Consult Limited, brings to the board, over 32 years of quality experience in the financial services industry, having worked at the highest levels with a host of leading financial institutions like: GTBank Plc., First Bank of Nigeria Plc., Pensions Alliance Limited, etc., both within and outside Africa.

She was at various times Managing Director of Pensions Alliance Limited; the pioneer Managing Director of GTBank UK Limited, General Manager and Group Head Operations of First Bank of Nigeria Plc, among others.

Bammeke has considerable expertise in Information Technology (IT), Banking Operations, Strategy, Business Origination, Corporate and Commercial Banking, Business and Financial Advisory, Internal Audit, Accounting, Pension Fund Administration and General Management.

She has attended leadership and executive development programmes at world-class business schools including INSEAD France; IMD, Lausanne, Switzerland, IESE Business School, Spain, Harvard Business School, among others.

She is a Chartered Information Systems Auditor (CISA)  and Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

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