Fidelity Bank Plc has restated its commitment to stable leadership and strong corporate governance as a key strategy to ensuring customers and investors’ satisfaction.
The bank’s Managing Director and Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, reaffirmed this at the send-off and welcome party organised to honour outgoing and incoming directors respectively, according to a statement.
Onyeali-Ikpe expressed appreciation to the outgoing directors, particularly the erstwhile Chief Executive Officer, Nnamdi Okonkwo, and a former Chairman, Ernest Ebifor, for creating a strong track record for the new administration to press forward with.
She said, “We would not be where we are today as an institution without the hard work and guidance of our outgoing board members. We are grateful for this as well as their continued support even after exiting the board.
“I am especially thankful to the new board of directors, particularly the Chairman, Mr Mustafa Chike-Obi, whose level of wisdom and professionalism is second to none. Within the past year, we have grown stronger as a bank and thoroughly served our stakeholders adequately due to the strong leadership structure.”
Onyeali-Ikpe noted that at the beginning of the year, Fidelity Bank announced seven key imperatives that would guide its strategy to be a tier-one bank by 2025.
“We are glad to announce that we are well on track. Just recently, we concluded a highly successful Eurobond offering, raising the $400m from the international capital markets through a five-year tenor Eurobond, with a 7.765 per cent coupon,” she said.