NEW FIDELITY BOSS ASSUMES OFFICE
–By Oriade Ayomide
Mr. Nnamdi Okonkwo has assumed office as the third Managing Director and Chief Executive Officer (CEO) of Fidelity Bank Plc. Okonkwo, assumption came after his appointment has was approved by the Central Bank of Nigeria (CBN). His appointment was announced last October with effect from January 1st. Until his appointment, Okonkwo was the bank’s Executive Director in charge of the South Directorate.
The new bank CEO holds a Bachelor of Science degree in Agricultural Economics from the University of Benin and an MBA in Banking & Finance from Enugu State University and also comes with over 24 years’ experience in various aspects of banking covering Domestic Operations, Corporate Finance, Corporate Banking, Retail, and Commercial/Consumer Banking.
He is also a graduate of the Advanced Management Programme of INSEAD Business School, Fontainebleau, France, as well as an alumnus of Harvard Business School and Wharton School University of Pennsylvania. In addition, he has attended various other business and management training programmes locally and overseas.
Prior to his Fidelity career, Okonkwo had a successful spell at United Bank for Africa (UBA) where he rose to the position of Managing Director and CEO, UBA Ghana, and later doubled as the Regional Chief Executive Officer for UBA West African Monetary Zone, with responsibility for Ghana, Liberia and Sierra Leone.