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Fidelity Bank refutes probe of former MD, says report is false

Fidelity Bank has refuted the alleged probe of its former Managing Director/ Chief Executive Officer, Nnamdi Okonkwo, by his successor, Nneka Onyeali-Ikpe.

The financial institution described the report, which was circulated across some online platforms, as false information and malicious.

This was confirmed by the bank, in its statement, titled “Rebutal of False Information,” signed by Ejike Ndiulo, Brand and communications Department, Fidelity Bank on Tuesday.

What Fidelity Bank is saying about the probe
It stated, “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.

Trustfund Pensions Limited
“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.”

What you should know
Onyeali-Ikpe succeeded Okonkwo on January 1, 2021, as the first female to occupy the position.
The reports circulating online alleged that the board of directors had approved an investigation into the previous activities of Okonkwo and that it was being spearheaded by Onyeali-Ikpe.

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