Fidelity Bank has announced the departure of Mrs. Morohunke Bammeke from her role as Independent-Non-Executive Director, following the completion of her tenure.
The announcement, made in a statement dated April 30, 2026, and signed by Company Secretary Ezinwa Unuigboje, confirms that Mrs. Bammeke’s tenure ended on April 30, 2026.
During her time on the Board, Mrs. Bammeke contributed significantly by serving on various Board Committees, including the Board Audit Committee and the Board Information Technology Committee, the latter of which she chaired.
What the statement is saying
The statement notes that the Board approved Mrs. Bammeke’s retirement in line with the Bank’s policy.
- “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.”Â
- “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,” the statement concluded.
Get up to speed
Mrs. Bammeke was appointed as Independent Non-Executive Director of Fidelity Bank on November 18, 2021.
- With over 36 years of multi-functional and cross-border experience, she has held leadership roles in key institutions, demonstrating expertise across various sectors, including Information Technology, Banking Operations, Corporate and Commercial Banking, Internal Audit, and more.
- Her distinguished 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 roles 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.
What you should knowÂ
Last month, Fidelity Bank announced the results of its private placement of 14.8 billion ordinary shares at N17.50 per share as of December 31, 2025.
Company disclosure noted that after CBN’s capital verification process, only 12.97 billion shares were successfully allotted, amounting to N227.05 billion.
This represents a subscription level of 87.7% of the offer, following capital verification by the Central Bank of Nigeria (CBN).
