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Nigeria's Fidelity Bank appoints Henry Obih and Kenneth Opara as Directors

One of Nigeria’s top commercial banks, Fidelity Bank PLC has announced the appointments of Eng. Henry Ikem Obih as the Independent Non-Executive Director, and Dr. Kenneth Onyewuchi Opara as the Executive Director of the Bank.

According to a statement from the Bank, the two appointments have been approved by the Central Bank of Nigeria and will take effect one after the other.

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Eng. Obih’s appointment became effective in late September this year while Kenneth Opara's appointment will become effective on January 1, 2021.

Dr. Opara is a seasoned banker with over 29 years of experience serving at various financial institutions, including Legacy Omega Bank Plc, Equatorial Trust Bank Plc, and Manny Bank Plc. He is the current General Manager/Regional Bank Head, Ikeja Regional Bank of Fidelity Bank Plc.

Eng. Obih, meanwhile, was the GED/COO, Downstream, NNPC until his retirement in 2019, and was subsequently appointed to the Board of Nigeria Liquefied Natural Gas Limited (NLNG) in July 2020. He joins the Board of Fidelity Bank Plc with over thirty years of experience in cross-functional tasks across various continents, including Africa, Europe, Asia, and North America.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)