Fidelity Bank Announces Retirement of Independent Non-Executive Director Morohunke Bammeke

Independent Non-Executive Director Morohunke Bammeke retires from Fidelity Bank. Discover her impact on the bank's IT and audit committees after a 32-year career.

By: AXL Media

Published: May 1, 2026, 4:25 AM EDT

Source: Information for this report was sourced from Premium Times

Board Transition and Institutional Acknowledgement

Fidelity Bank Plc has formally notified the Nigerian Exchange Regulation Limited (NGX) and the investing public regarding a leadership transition on its Board of Directors. Morohunke Bammeke, who served as an independent non-executive director, stepped down from her position on April 30, 2026. In a statement signed by Company Secretary Ezinwa Unuigboje, the bank confirmed that the Board of Directors has approved the retirement in strict accordance with established institutional policies.

Strategic Contributions to Governance and Technology

Since assuming her role in 2021, Mrs. Bammeke has been a pivotal figure in the bank’s various oversight bodies. She notably chaired the Board Information Technology Committee, a critical post as the financial sector increasingly pivots toward digital infrastructure and cybersecurity. Additionally, her tenure included membership on the Board Audit Committee. The bank’s leadership extolled her contributions, describing her performance as "outstanding" and essential to the growth and developmental milestones achieved by the institution over the last five years.

A Distinguished Career in Financial Services

Mrs. Bammeke’s retirement from Fidelity Bank concludes a significant chapter in a career spanning more than 32 years within the financial services industry. Her professional history includes high-level leadership roles at several of Nigeria’s most prominent institutions: