Fidelity Bank’s CEO Designate Gets 5M Shares |The Source

By Fola James

Tier two lender Fidelity Bank  Plc has disclosed the purchase of 5 million additional shares, worth over N12 million by the bank’s managing director/ chief executive officer Designate, Nneka Onyeali-Ikpe.

Onyeali-Ikpe was appointed in July to take over from Nnamdi Okonkwo who’s expected to retire from the bank by the end of the year.

According to the notice to the Nigerian Stock Exchange, NSE and signed by the Bank’s Secretary, Ezinwa Unuigboje, the transaction occurred in five tranches with an average share price of N2.56 per unit.

Nneka Onyeali-Ikpe was appointed the Executive Director, Commercial and Consumer Banking, Lagos and South Directorate in July 2015.

She has been in charge of the Commercial, SME, Consumer and Public Sector businesses of bank in the six South states and Lagos.

In July 2020, she was appointed the Managing Director/CEO by the board of the bank effective January 1, 2021.

She has worked in top money banks in the country, including Standard Chartered Bank, Zenith Bank and Citizens International Bank.