Amaka Onwughalu becomes new Fidelity Bank board chairman
Fidelity Bank Plc has announced a leadership transition with the exit of Mustafa Chike-Obi as Board Chairman and the appointment of Amaka Onwughalu to the role. Chike-Obi stepped down after leading the bank through a period of significant growth and strategic achievements. Onwughalu, who has served on the board since December 2020, brings over 30 years of banking experience to her new position. The bank expressed confidence in her ability to continue driving its strategic objectives.
TLDR
- Mustafa Chike-Obi stepped down as Board Chairman on December 31, 2025, after notable contributions to Fidelity Bank's growth.
- Amaka Onwughalu assumed the role of Board Chairman effective January 1, 2026.
- Onwughalu joined the board in December 2020 and has held several leadership roles, including Chair of key board committees.
- She has more than 30 years of banking experience and has held top executive positions at other financial institutions.
- The bank highlighted that the succession reflects its commitment to high governance standards.
