Fidelity Bank Appoints Amaka Onwughalu as New Chairman Following Chike-Obi's Tenure

Fidelity Bank (NGX: FIDELITYBK) has appointed Amaka Onwughalu as the new Chairman of the board, effective January 1, 2026, succeeding Mustafa Chike-Obi. Under Chike-Obi's leadership, the bank achieved significant milestones, including repaying its Eurobond and oversubscribing its public offer rights issue.

Onwughalu, with over 30 years of banking experience, is expected to lead the bank towards continued growth and value delivery to stakeholders. The transition aligns with the bank's policies and regulatory requirements, reflecting a positive trajectory for Fidelity Bank.