Fidelity Bank PLC 38th AGM: Board Changes Approved

Fidelity Bank Plc held its 38th Annual General Meeting virtually on Friday, October 9, 2026, via its dedicated AGM portal. Shareholders received the Audited Financial Statements for the year ended December 31, 2025, along with reports from the Directors, Auditors, Audit Committee, and Independent Board Appraisal Consultants.

On board matters, shareholders approved the election of Dr. Jonathan O. Ososuakpor as a Non-Executive Director and re-elected Mrs. Amaka Onwughalu as Chairman and Non-Executive Director. The retirement of Chief Nelson Nweke as a Non-Executive Director, effective October 9, 2026, was also approved.

Shareholders authorised the Directors to fix the remuneration of the External Auditors for the 2026 financial year. The remuneration of the company's managers, as disclosed in Note 40 of the 2025 Audited Accounts, was noted by shareholders.

The newly constituted Statutory Audit Committee, effective October 9, 2026, comprises three shareholder representatives — Chief Frank Onwu, Mr. Innocent Mmuoh, and Alhaji Kabiru Tambari — alongside Alhaji Abdullahi Mohammed as Independent Non-Executive Director and Ms. Obiaku Okam as Non-Executive Director. The filing was signed by Company Secretary Ezinwa Unuigboje.