Fidelity Bank Plc has announced the departure of Mrs. Morohunke Bammeke from her role as Independent Non-Executive Director, following the completion of her tenure on April 30, 2026. The announcement was made in a statement signed by Company Secretary Ezinwa Unuigboje.
During her time on the Board, Mrs. Bammeke made significant contributions by serving on various Board Committees. These included the Board Audit Committee and the Board Information Technology Committee, where she held the position of chairperson.
The Board approved Mrs. Bammeke’s retirement in line with the Bank’s policy. The statement noted, “Mrs. Morohunke Bammeke, Independent-Non-Executive Director, will complete her tenure and step down from the Board of Directors of the Bank on April 30, 2026.”
Fidelity Bank’s Board and Management extended their gratitude, stating, “The Board and Management seize this opportunity to express sincere appreciation to Mrs. Morohunke Bammeke for her outstanding contributions to the growth and development of the Bank during her tenure on the Board and wish her the very best in her future endeavors.”
Mrs. Bammeke was appointed as an Independent Non-Executive Director of Fidelity Bank on November 18, 2021. She brings over 36 years of multi-functional and cross-border experience, having held leadership roles in various sectors including Information Technology, Banking Operations, Corporate and Commercial Banking, and Internal Audit.
Her career includes serving as Managing Director of Guaranty Trust Bank (UK) Limited, Managing Director of Pensions Alliance Limited, and Independent Non-Executive Director of Palton Morgan Holdings Limited. She also held senior positions at GTBank Plc and First Bank of Nigeria Plc.
Mrs. Bammeke holds a First Class Bachelor of Science degree in Computer Science with Economics from the University of Ife (now Obafemi Awolowo University, Ile-Ife). She is also a Sloan Research Fellow, a recipient of the British FCO Chevening Scholarship, and holds a Master of Science degree in Management from London Business School.
In other news, Fidelity Bank recently announced the results of its private placement of 14.8 billion ordinary shares at N17.50 per share as of December 31, 2025. Following CBN’s capital verification, 12.97 billion shares were allotted, amounting to N227.05 billion, representing an 87.7% subscription level of the offer.
