Fidelity Bank Appoints Balarabe Acting MD

Following the EFCC arrest of the Chief Executive Officer, Nnamdi Okonkwo, Fidelity Bank Plc yesterday has appointed an Acting Managing Director, Alhaji Mohammed Lawal Balarabe

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.