• Fidelity Bank appoints Acting MD, Balarabe to replace troubled CEO Okonkwo

    Fidelity Bank appoints Acting MD, Balarabe to replace troubled CEO Okonkwo

    Fidelity Bank Plc yesterday appointed an Acting Managing Director, Alhaji Mohammed Lawal Balarabe in place of its troubled Chief Executive Officer, Nnamdi Okonkwo.

    The bank’s Board of Directors which approved the appointment, said the development followed the absence of the substantive  Managing Director/Chief Executive Officer.

    While announcing Balarabe, who prior to the appointment was the Executive Director North, the bank reassured all it’s stakeholders, including over 400,000 shareholders and about 3.4 million customers, of it’s continued seamless services.

    It said although Balarabe’s appointment […]