Female bankers who took over leadership in 2021, and what 2022 holds for them

Female bankers who took over leadership in 2021, and what 2022 holds for them

Up until recent years, seeing females at the helm of Nigerian banks was quite uncommon. However, the rise of the corporate woman in Africa has seen more women rising to the top of their banking careers, and even getting to the number one position on the executive end and even non-executive end. Nneka Onyeali-Ikpe, CEO, Fidelity Bank

Nneka Onyeali-Ikpe opened the year with her appointment as Managing Director and Chief Executive Officer of Fidelity Bank on January 1, 2021. This would be the first time the bank is having a female MD in nearly 35 years, and Onyeali-Ikpe got the position after spending about five years with the bank.

Onyeali-Ikpe has sufficient management and executive trainings from global institutions, and she was already overseeing the banks business in the six states that make up the southwest region, and this includes Lagos state.

Upon assuming office on January 1, 2021, Onyeali-Ikpe announced her plans to take the bank to tier-one status by 2025 through an aggressive brand refresh exercise. There have been several campaigns during the year, including the launch of a fifth season of its savings reward scheme tagged Get Alert in Millions (GAIM) Season 5 where it would be doling out over N125 million to lucky customers.

Within the year, the bank has successfully completed its Eurobond exercise where it raised $400 million from the international capital markets. Fidelity Bank also bagged the award for the ‘Fastest Growing Bank’ and “MSME & Entrepreneurship Financing Bank of the Year ‘at the 2021 BusinessDay Banks & Other Financial Institutions. There is also the Bafi Awards and the 2020 Development Bank of Nigeria (DBN) service award for the highest disbursement to DBN focused locations.

One can also not ignore the nine months 2021 financial results where the bank posted a 31.4 per cent growth in profits to the tune of N28.1 billion. Year 2022 will be a year for Nneka Onyeali-Ikpe to continue the drive towards making the bank a Tier-1 bank. Yemisi Edun, MD/CEO, FCMB

Yemisi Edun was appointed to head the bank after a progressive 34-years+ career, 20 of which were spent in FCMB. A career that started with auditing corporate finance records of financial institutions with Akintola Williams Deloitte, progressed into core banking about two decades ago. And now, Edun will be bringing all of it to bear with FCMB.

The unaudited results for the nine months period ended September 2021 […]

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