Fidelity Bank Appoints Amaka Onwughalu as New Board Chairman as Chike‑Obi Steps Down

Fidelity Bank Plc has announced a leadership change at the helm of its board following the completion of Mr. Chike‑Obi’s tenure as Board Chairman, which ended on December 31, 2025. The bank confirmed that Mrs. Amaka Onwughalu, an existing non‑executive director, has been appointed as the new Board Chairman, effective January 1, 2026, in line with its succession planning policy.

The bank expressed appreciation for Chike‑Obi’s leadership during his tenure, citing significant growth across key financial metrics and strategic milestones achieved under his stewardship. Fidelity Bank also noted that the transition reflects strong corporate governance practices.

Onwughalu, who brings over three decades of banking experience and previously chaired several board committees, including the Board Credit Committee and the Board Committee on Bank Capitalisation, is expected to lead the board in continuing the bank’s strategic objectives.