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Home Business

Meet the new Non-Executive Directors of Fidelity Bank Plc

Tuesday, 29 December 2020, 8:45 am
in Business, Companies
0
Delisting of Fidelity Bank Plc’s N30 billion Bond
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Fidelity Bank Plc has informed The Nigerian Stock Exchange and the General Public of some changes in its Board. One of its Executive Director and three Non-Executive Director have retired from the Board of Directors, creating three vacancies going into the new year.

Mrs. Aku Odinkemelu, an Executive Director Commercial and Consumer Banking, South Directorate will retire from the Board on December 31, 2020. Chief Charles Umolu, a Non-Executive Director who served on the Board Risk, Credit, Finance & General Purpose, Audit and Corporate Governance Committees and Chair of the Board Credit Committee, retired from the Board on December 16, 2020.

Mr. Michael Okeke, a Non-Executive Director also successfully completed his tenure and retired from the Board on December 18,2020 and Mr. Alex Ojukwu, another Non-Executive Director will complete his tenure and retire from the Board on December 31, 2020.

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The Board has appointed Mrs. Amaka Theordora Onwughalu and Mr. Nelson Chidozie Nweke as Non-Executive Directors. Their appointments were approved by the Central Bank of Nigeria on December 15, 2020.

Mr. Chinedu Eric Okeke has also been appointed as a  Non-Executive Director of the Bank, subject to the approval of the Central Bank of Nigeria.

Mrs. Amaka Theodora Onwughalu (Non-Executive Director)

Mrs. Amaka Onwughalu has over 30 years’ banking experience including over 10 years in Executive Management in various financial institutions, with proven expertise across diverse segments including Commercial Banking, Retail Banking, Treasury Management, Banking Operations and Corporate Banking.

She served in executive management positions in different institutions and was the former Group Managing Director of legacy Mainstreet Bank Limited where she led the successful execution of a seamless integration of the bank with Skye Bank Plc where she served as Deputy Managing Director until her retirement in July 2016.

She is currently the Chief Executive Officer of Blueshield Financial Services Limited and holds a BSc Degree in Economics from the University of Buckingham, an MSc Degree in Corporate Governance from Leeds Metropolitan University, United Kingdom and an MBA from the University of Port Harcourt, Nigeria.

She gained further exposure and training at the Executive Business School, INSEAD, France; IMD Business School, Lausanne, Switzerland; Judge Business School, University of Cambridge; and Columbia Business School, USA. She is a Senior Fellow of the Institute of Internal Auditors of Nigeria; a Fellow of the Institute of Credit Administration (ICA); a Member of the Nigeria Institute of Management (NIM); an Honorary Member of the Chartered Institute of Bankers of Nigeria (CIBN); and a Fellow of the Institute of Directors (IoD).

Mrs. Amaka Onwughalu is passionate about mentoring the Girl Child, and committed to supporting women entrepreneurs/ professionals to contribute their quota to stimulating economic development in Nigeria.

She is a Paul Harris Fellow and recipient of various prestigious awards including the National Merit Award for Accountability and Transparency (NMAT), the Award of Excellence and Distinction for Financial Management (AEDFM) and the Vocational Service Award (VSA) from the Rotary Club, Enugu.

Mr. Nelson Nweke (Non-Executive Director)

Mr. Nelson Nweke, currently serves as the Managing Director of Neilville Nigeria Limited and had an extensive career in the financial services sector, rising to the position of Executive Director at legacy Intercontinental Bank Plc, amongst other top positions in management.

His banking industry experience includes Operations, Public Sector, Corporate Services and Human Resources
Administration.

He holds a BSc. in Political Science and an MSc. in Industrial and Labour Relations, both from the University of Ibadan and has attended various executive development programmes at world class business schools including INSEAD, France; IMD, Lausanne, Switzerland; and Harvard Business School amongst others.

Mr. Nweke is an Associate Member of the Chartered Institute of Stockbrokers (CIS) and Chartered Institute of Personnel Management (CIPM), and a Member of the Nigeria Institute of Management (NIM).

Prior to joining the Board of Fidelity Bank Plc, Mr. Nelson Nweke had previously served as a Non-Executive Director of Premium Pension Limited and was a member of the Governing Council of Anambra State Investment Promotion and Protection Agency between 2014 and 2018. He is presently an Independent Non-Executive Director of Berger Paints Plc.

Mr Chinedu Eric Okeke (Non-Executive Director)

Mr. Chinedu Eric Okeke is the Managing Director of Azura Power West Africa Limited, an infrastructure development and operating company with special focus on emerging markets in Africa, including Nigeria.

Prior to joining Azura in 2014, Mr Okeke had a stellar career spanning over nineteen years in a succession of blue-chip companies including Guinness Nigeria Plc, Lafarge Plc, Schlumberger Oilfield Services, and General Electric (GE).

His areas of interest and specialization across geographies (Nigeria, France, South Africa, Vietnam and Pakistan), include Technology, Power, Corporate Strategy, Finance, Market Analysis and International Development.

Mr. Okeke has held executive and senior management positions in various climes, with direct responsibility for teams of diverse and multicultural professionals, and demonstrated ability to develop and maintain strategic client relationships, and deliver quality results under complex conditions.

He holds a B.Eng. Degree in Electronic Engineering from the University of Nigeria, Nsukka (UNN) and an MBA from Imperial College, London. He has attended executive training programmes at various premier institutions including Gordon Institute of Business Science, South Africa; INSEAD, France; Graduate School of Business, Stanford, USA; College of Management, Georgia Institute of Technology, USA and GE John F. Welch Leadership Development Centre, USA.

By; Nnamdi M.

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