Business Fidelity Bank Nigeria Appoints Mohammed Balarabe as Acting MD, Assures Stakeholders


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LequteMan

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Fidelity Bank Plc Nigeria has announced the appointment of Alhaji Mohammed Lawal Balarabe as Acting Managing Director, 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 is with immediate effect, it was subject to regulatory approval.
 

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