FINANCE

We Are Not Probing Former CEO, Nnamdi Okonkwo—-Fidelity Bank

<p><em>We are not probing<&sol;em><br &sol;>&NewLine;<strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> has reliably gathered that information in the public space to the effect that the board of Fidelity Bank is probing its immediate past Chief Executive Officer&comma; Mr&period; Nnamdi Okonkwo&comma; is not true&period;<br &sol;>&NewLine;The bank&comma; in a statement signed by Ejike Ndiulo&comma; Brand and Communications and made available to OpenLife stated that the information should be disregarded&period;<br &sol;>&NewLine;They advised the banking public not to be assuaged by the false information saying that the bank holds Nnamdi Okonkwo in high esteem&period;<br &sol;>&NewLine;The bank statement titled &OpenCurlyDoubleQuote;Rebuttal Of False Information” reads&colon;<br &sol;>&NewLine;<em>&OpenCurlyDoubleQuote;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&comma; Mr&period; Nnamdi Okonkwo&period;<&sol;em><br &sol;>&NewLine;<em>&OpenCurlyDoubleQuote;The story is entirely false&comma; malicious and should be discountenanced<&sol;em><br &sol;>&NewLine;<em>&OpenCurlyDoubleQuote;Mr&period; Okonkwo served the bank meritoriously as Managing Director and <a href&equals;"https&colon;&sol;&sol;www&period;wsj&period;com&sol;">Chief Executive<&sol;a> Officer between 2014 and 2020 and led his team to achieve impressive results&period;<&sol;em><br &sol;>&NewLine;<em>&OpenCurlyDoubleQuote;For the avoidance of doubt&comma; the Board of Directors continues to hold Mr&period; Okonkwo in high esteem and wish him well in his future endeavors&period;”<&sol;em><&sol;p>&NewLine;

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