Board of Directors

Mr. Ernest C. Ebi serves as Chairman of the Board of Directors of Fidelity Bank Plc. He started his banking career in 1978 at the Community Federal Savings and Loan Association, Washington D.C., U.S.A. where he held the position of Assistant Vice President / Controller. In November 1981, he returned to Nigeria and joined International Merchant Bank (IMB) Plc, where he served in various capacities including heading the Treasury Department and becoming the Chief Credit Officer of the bank from June 1989 to January 1992. From January 1992 to June 1993, he was the Head of the Audit and Risk Management Department.

In a very distinguished career within the financial services industry, he went on to serve in leadership positions across a number of banks, until June 1999, when he was appointed as a Deputy Governor at the Central Bank of Nigeria where he covered the policy and corporate services portfolios over a ten-year period. He maintained oversight functions over Nigeria’s External Reserves, International Economic Relations, Trade & Exchange and Research Departments among other responsibilities. He was a key member of the banking sector reform team, especially during the major consolidation process in 2006 and was chairman of the implementation committee of the Legendary Project EAGLES that transformed the Central Bank of Nigeria into a leading global reserve bank.

In recognition of his sound professional background and track record of meritorious service, the Federal Government of Nigeria in 2007 awarded him the National Honor of Member of the Order of the Federal Republic (MFR). In the same year, the Chartered Institute of Bankers of Nigeria also awarded him a Fellow of the Institute (FCIB). He attended Howard University, Washington D.C., U.S.A. where he graduated with a BBA in Marketing and an MBA. He has also attended many high profile leadership courses and programs at institutions such as IMD Switzerland, INSEAD, Harvard University, Oxford University and Brandeis University. He sits on the boards of several blue-chip companies.

NNAMDI J. OKONKWOManaging Director/Chief Executive Officer
Nnamdi is a graduate of University of Benin, Nigeria from where he obtained a first degree in Agricultural Economics. He holds an MBA in Banking and Finance from Enugu State University of Technology, Nigeria. He is also a graduate of the Advanced Management Programme of INSEAD Business School, Fontainebleau, France.

Nnamdi has attended business, leadership and management training programs locally and overseas, in some of the world’s leading institutions including Harvard Business School, Wharton Business School and Stanford Graduate School.

Mr. Okonkwo’s banking career started in 1990 at Merchant Bank of Africa, Nigeria. His early career was further nurtured in Guaranty Trust Bank, Nigeria where he rose to become a Manager and was appointed the pioneer Branch Manager of Onitsha Branch before moving on.

He later worked in other financial institutions, notably United Bank for Africa (UBA) Plc where he held various managerial and leadership positions including Regional Bank Head in Lagos, Regional Director, Federal Capital, Nigeria, Project Director, and Head of Corporate Banking and Multinational Corporates Division. The high point of his career in UBA came when he was appointed Managing Director/CEO of UBA Ghana and later elevated to Regional CEO of the bank’s West Africa Monetary Zone covering Ghana, Liberia and Sierra Leone.

In 2012, Nnamdi took advantage of an existing opportunity and joined Fidelity Bank Plc., Nigeria as Executive Director in charge of the Bank’s businesses in Southern Nigeria, a position he held until January 1, 2014 when he was appointed Managing Director/CEO of Fidelity Bank.

Mr. Okonkwo also serves as a Non-Executive Director of Nigeria Inter-Bank settlement system Plc and Unified Payment Services Limited.

MOHAMMED BALARABEDeputy Managing Director/Executive Compliance Officer
Mohamed Balarabe serves as Deputy Managing Director and in addition oversees the Bank’s business in Abuja and Northern Nigeria.

Well experienced across various aspects of banking spanning more than 25 years, Balarabe holds a Bachelor’s degree in Accounting and Finance from Nottingham Trent University, United Kingdom, and an M.Sc. in Finance from the University of Lagos. He is a chartered stockbroker and dealing member of the Nigerian Stock Exchange.

Mohammed Balarabe was an Executive Director with Oceanic Bank International Plc and Ecobank Nigeria Limited prior to joining Fidelity Bank Plc. He was also a General Manager in United Bank for Africa (UBA) Plc and had been the General Manager & Chief Executive of Newdevco Finance Services Company Limited. He was appointed to the Board in April, 2012.

As Executive Director, Shared Services and Products, Chijioke Ugochukwu supervises the bank’s Retail Banking, Managed SMEs, Agriculture and Exports Divisions, Legal, Corporate Services and Human Resources Divisions.

Ugochukwu was General Manager, Legal Services and Company Secretary of Fidelity Bank Plc until April 2012, when she joined the Board of the Bank as Executive Director, Shared Services and Chief Information Officer.

She has over 28 years of banking experience and has worked at Fidelity Bank from her days as a Youth Corper in 1989. She holds a Bachelor of Laws (LL. B Hons.) degree from Obafemi Awolowo University, Ile-Ife and Barrister at Law (BL) from the Nigerian Law School.

She has a Master of Business Administration degree from IESE, Barcelona, Spain and has attended Executive Education programs at the Massachusetts Institute of Technology (MIT), International Institute of Management Development (IMD), Harvard Business School, Stanford Graduate School of Business and Oxford Said Business School amongst others.

Chijioke is also an Honorary Member, Chartered Institute of Bankers of Nigeria (CIBN), Associate Member, Institute of Directors and Member, Chartered Institute of Registrars.

AKU P. ODINKEMELUExecutive Director
Aku Odinkemelu is an alumna of the prestigious Harvard Business School, Cambridge Massachusetts. She holds a Bachelor of Laws (LL.B Hons) degree from the University of Nigeria, Enugu Campus and a Barrister at Law (BL) from the Nigerian Law School, Lagos as well as Dual MBA degrees from IMD Switzerland and CKGSB, China.

With over 30 years’ top notch experience in first class banking Institutions including Guaranty Trust Bank Plc, Access Bank Plc, Equatorial Trust Bank Plc, and Continental Merchant Bank, formerly Chase Manhattan Inc., Aku is skilled in most key areas of banking including Legal, Documentation and Credit Control, Business Development, Credits and Loan Structuring, Strategy, Relationship Management and Marketing.

She served as a Non-Executive Director on the board of Mansard Assurance (formerly Guaranty Trust Assurance) and Guaranty Trust Bank, Sierra Leone, prior to her appointment as Executive Director in Fidelity Bank Plc in August, 2014. She currently oversees the South Directorate of the Bank.

NNEKA ONYEALI-IKPEExecutive Director
Nneka Onyeali-Ikpe was appointed to the Board of Fidelity Bank Plc on July 2, 2015 and currently oversees the Lagos and Southwest Directorate. Since joining the Bank, she has returned the Directorate to profitability and sustained impressive year on year growth.

She has over 28 years’ industry experience across various banks namely Enterprise Bank Plc, Standard Chartered Bank Plc, Zenith International Bank Plc and Citizens International Bank Limited, where she worked in various departments including Legal, Treasury, Investment Banking, Retail/Commercial Banking and Corporate Banking. Nneka has been involved in the structuring of complex transactions in various sectors including Oil & Gas Downstream, Manufacturing, Aviation, Real Estate and Export.

As an Executive Director at Enterprise Bank Plc, she received formal commendation from the Asset Management Corporation of Nigeria (AMCON) as a member of the management team that successfully turned around Enterprise Bank Plc.

Nneka holds Bachelor of Laws (LLB) and Master of Laws (LLM) degrees from the University of Nigeria, Nsukka and Kings College, London, respectively. She has attended executive training programs at Harvard Business School, The Wharton School University of Pennsylvania, INSEAD School of Business, Chicago Booth School of Business and IMD amongst others.

ALEX C. OJUKWUNon-Executive Director
Alex C. Ojukwu has over 26 years’ experience in diverse fields including Banking Services, Risk Management, Control, Audit, Marketing, Power, Mining, Steel and Manufacturing. He was the Assistant Vice President in charge of Remedial Assets Management in Bank PHB Plc (now Keystone Bank Limited) until 2010.

He holds a Bachelor’s degree in Finance from Ogun State University and a Master’s in Business Administration from the Federal University of Technology, Akure. He is a Fellow of the Chartered Institute of Bankers (FCIB), an alumnus of the Lagos Business School and Member of the Institute of Risk Management.

He was the Executive Director, Risk Management, Western Goldfields Group Limited and also the founder and Managing Partner of Damos Practice – Risk Management Consultants.

For five years until 2016, he was on secondment from Chicason Group to Afro Asia Automobile and Manufacturing Company Limited (a member of the Group) as Managing Director. He is currently the Executive Director in charge of Mining and Special Projects in Chicason Group. He joined Fidelity Bank Plc as a Non-Executive Director on October 23, 2014.

MICHAEL E OKEKENon-Executive Director
Michael Ezechukwu Okeke holds a B. Sc degree in Estate Management and Post Graduate Diploma in Political Science from the University of Nigeria, Nsukka. He also holds an MBA in Business Administration from the Metropolitan School of Business & Management, United Kingdom.

He is a fellow of the Chartered Institute of Loan & Risk Management of Nigeria and a Member of the Nigerian Institution of Estate Surveyors & Valuers (NIESV), with professional specialization in property valuation, project finance, procurements, syndicated asset management and valuation of aviation and navigation installations including aircraft, ships and vessels.

He is currently the Managing Partner of Okeke, Oriala & Co, Chartered Estate Surveyors & Valuers and sits on the Board of Tahila Shelters Limited, a real estate company. He joined the Board of Fidelity Bank Plc on October 23, 2014.

PST. KINGS C. AKUMANon-Executive Director
Kings C. Akuma currently heads the Non-Oil & Gas business of ALCON Nigeria Limited, a major player in the oil, gas and power sector. Prior to joining ALCON, he was the Managing Director of Hammakopp Consortium Limited, an affiliate of Nestoil Group Plc, where he served as the Executive Director in charge of Operations and Quality. He holds a B. Sc in Accounting from the University of Nigeria, Nsukka and a Master’s in Business Administration from the University of Lagos.

Akuma is a Fellow of both the Institute of Chartered Accountants of Nigeria, and the Chartered Institute of Taxation of Nigeria, and is regarded by his peers and contemporaries as a thoroughbred strategic change management specialist with core competence in organisational structure and financial due diligence review. He coordinated comprehensive financial due diligence on several banks and has over three decades of in-depth understanding of banking/finance operations, consulting, manufacturing, oil & gas, due diligence and forensic accounting. Pst. Akuma is a fellow of the Institute of Credit Administration. He joined the Board of Fidelity Bank on November 25, 2016.

OTUNBA SENI ADETUIndependent Director
Seni Adetu brings to the Board, over 30 years of quality private sector experience garnered at the highest levels with John Holt Plc, Coca-Cola International and Diageo/Guinness Plc in different countries within and outside Africa. He holds a B. Sc in Chemical Engineering and Master’s in Business Administration (with specialization in Marketing), both from the University of Lagos.

He was at various times MD of Coca-Cola English West Africa based in Ghana and became the first African MD/CEO and Executive Vice Chairman of Guinness Ghana Plc; He was Group MD/CEO Diageo East Africa based in Kenya and until December 2014, was the MD/CEO of Guinness Nigeria Plc and Executive Chairman Diageo Brands Nigeria.

Adetu is the Founder/Group CEO of First Primus W.A. Limited, an upscale integrated marketing communications company, in partnership with WPP – one of the world’s largest communications networks; having as its subsidiaries – Ogilvy Nigeria Limited and Algorithm Media Limited. He is a leadership coach and facilitates on the Chief Executive Program of the Lagos Business School. He joined the Board of Fidelity Bank on April 28, 2016.

CHIEF CHARLES C. UMOLUNon-Executive Director
Charles Umolu, is the Managing Consultant and Chief Executive of Corimol Consulting Limited, a firm engaged in banking and financial consulting. He has over 18 years’ cognate experience in banking. He trained as a banker with Morgan Guaranty Trust Company of New York, United States of America. He obtained a B. Sc degree in Economics from the University of Ife, Ile-Ife and a Master’s in Business Administration from the same institution.

Umolu has served on the board of various organizations as Executive and Non-Executive Director, including a five-year stint with Keystone Bank Limited as a Non-Executive Director. He was the Managing Director/CEO of Comet Merchant Bank Limited (1995-1997) a position he held until he retired in 1997 to set up Corimol Consulting Limited. He joined the Board of Fidelity Bank on November 25, 2016.

CHIDOZIE AGBAPUNon-Executive Director
Chidozie Agbapu holds a B.Sc. in Economics from the University of Nigeria, Nsukka and a Master’s in Banking and Finance from the University of Lagos. He is an alumni of the Lagos Business School (Advanced Management Program, AMP 14, 2000)
He is a fellow of the Chartered Institute of Stockbrokers and has extensive experience in capital market operations spanning over thirty years. He has served as Chief Dealer/Analyst in various capital market firms including Equator Finance & Securities Limited and Prominent Securities Limited. He is currently Co-CEO/Managing Director of Planet Capital Limited, a product of a merger between Strategy & Arbitrage Limited and Emerging Capital Limited, both being members of The Nigerian Stock Exchange. Mr. Agbapu was a Founding Partner/Managing Director of Emerging Capital Limited from 2004 to 2010.

Mr. Agbapu currently serves on the board of various companies including Coral Properties Limited (a subsidiary of the Nigerian Stock Exchange), MTI Nigeria Plc and MTI Limited, Accra, Ghana. He served as a Director of Bendel Feed and Flour Mills Limited and Central Securities Clearing System (CSCS) Limited for seven (7) years and is currently a Member of the National Council of the Nigerian Stock Exchange, where he also serves on the Disciplinary, Audit & Risk and Rules & Adjudication Committees.

Until his appointment as a Non-Executive Director of the Bank, Mr. Chidi Agbapu was the Chairman of the Statutory Audit Committee of Fidelity Bank Plc. His appointment to the Board was approved by the Central Bank of Nigeria on September 3, 2018.