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Home Business news

Fidelity Bank Appoints Veteran Banker Jonathan Ososuakpor as Non-Executive Director

Victoria Emeto by Victoria Emeto
May 26, 2026
in Business news
0
Fidelity Bank Appoints Veteran Banker Jonathan Ososuakpor as Non-Executive Director

Fidelity Bank Plc has announced the appointment of veteran banker Jonathan Oniovosa Ososuakpor as a Non-Executive Director, effective May 22, 2026, following approval from the Central Bank of Nigeria.

The bank confirmed the appointment in a statement signed by its Company Secretary, Ezinwa Unuigboje, noting that relevant regulatory bodies, including the Securities and Exchange Commission, Nigeria Deposit Insurance Corporation, and Financial Reporting Council of Nigeria, have also been notified.

“The Board of Directors is pleased to announce the appointment of Dr. Jonathan Oniovosa Ososuakpor as a Non-Executive Director of Fidelity Bank Plc with effect from May 22, 2026,” the statement said.

“The appointment has been approved by the Central Bank of Nigeria and notice of same communicated to the Securities and Exchange Commission, Nigeria Deposit Insurance Corporation and Financial Reporting Council of Nigeria.”

According to the bank, Ososuakpor brings more than 40 years of experience in the financial services industry, with expertise spanning credit and marketing, retail and commercial banking, public sector banking, operations, and risk management.

He began his banking career in 1983 at Union Bank of Nigeria and has since worked with several financial institutions, including Gateway Bank, Oceanic Bank, Ecobank Nigeria, and Intercontinental Bank (now part of Access Bank Plc).

Before retiring in July 2025, he served as Managing Director and Chief Executive Officer of AMJU Unique Microfinance Bank Limited, a role he held since 2012.

Over the course of his career, he has also held leadership positions in corporate governance and investment advisory firms, including chairing Universal Finance Consult & Investment Limited and V-Capital Consulting Limited.

He currently serves as Chairman of Top Rank Oil Services Limited, a company operating in Nigeria’s oil and gas and industrial services sectors.

Ososuakpor holds multiple academic qualifications, including degrees in Banking and Finance, Economics, and Business Administration from institutions such as the University of Benin, Delta State University, and Bangor University.

He is also a fellow and member of several professional bodies, including the Chartered Institute of Bankers of Nigeria, Institute of Credit Administration, and Chartered Institute of Taxation of Nigeria.

The bank said his appointment aligns with its strategic objective of strengthening corporate governance, enhancing risk management, and supporting long-term sustainable growth.

Industry observers note that the move reflects ongoing efforts by Nigerian banks to reinforce board expertise amid evolving regulatory and macroeconomic conditions.

Tags: #BankingNews#CorporateGovernance#FidelityBank#NigeriaBanking
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