Fidelity Bank: Okonkwo Not Under Probe

By James Orji

Fidelity Bank Plc has described as false reports that the immediate past Managing Director/ chief executive officer Nnamdi Okonkwo is under probe.

Some reports (not The Source) had claimed that the former bank’s chief executive who served the commercial bank from 2014 to December 2020, is being probed by his predecessor, Nneka Onyeali-Ikpe, for some financial misconduct under his watch.

Regard such reports as false, the management of the bank said in release on Monday, noting that Okonkwo is well respected and held in high esteem by the bank for his meritorious service during his tenure as managing director.

The release titled ‘Rebuttal Of False Information’ and signed by the bank’s head, Corporate Communications, Ejike Ndiulo said “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

“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.

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

The former managing director retired from the bank in December 31, 2020.