Business

Fidelity Bank says former MD Nnamdi Okonkwo not under probe

Fidelity Bank Plc has refuted rumours alleging that its former managing director/chief executive officer Nnamdi Okonkwo is being investigated.

The bank in a statement on Thursday said Okonkwo, served the bank meritoriously as managing director and Chief Executive Officer between 2014 and 2020, leading his team to achieve impressive results for the bank over the period.

“Our attention has been drawn to false information posted on some online platforms alleging that the Board of Directors of Fidelity Bank Plc has approved a probe of our former Managing Director/CEO, Mr. Nnamdi Okonkwo.

“The story is entirely false, malicious and should be discountenanced. Mr. Okonkwo served the bank meritoriously as Managing Director and Chief Executive Officer between 2014 and 2020 and led his team to achieve impressive results.

“For the avoidance of doubt, the Board of Directors continues to hold Mr. Okonkwo in high esteem and wish him well in his future endeavours,” the statement read.

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