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Boss Of The Week

Behold the Iya Alaje Oodua, Princess Toyin Kolade!

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By Eric Elezuo

All things work together for good for those who trust in their God, and someone, who has distinguished herself in philanthropy and enterprise, has made herself a clear epitome of trusting God, and reaping the goodies that come with it. The 13th of July was her birthday, and few days later, she is being installed as the Iya Alaje Oodua in Ile-Ife Osun State. Her double honours are no fluke, and are worth celebrating.

 

She has been a bright light shinning on men and women, who have been privileged to cross her path. She is the Chief Executive Officer of Fisolak Global Resources Ltd, and top princess of Osun State. Her name is Princess Toyin Kolade.

Princess Kolade has transcended sex or gender to determine how far she is willing to go in life. Her determination, hard work, commitment, focus and can-do attitude have taken her to a height most people only imagine and dream.

Also known as the Iyalaje of Apapa, before the magnanimous honours of Iya Alaje Oodua bestowed on her by His Imperial Majesty, the Ooni of Ife,Oba Enitan Ogunwusi Ojaja II, Princess Kolade, an tried and trusted business woman of repute was born on July 13, in Ilesha, Osun State to the royal family of Atakumose. She however, spent her childhood days in Ilesha.

The woman with the proverbial Midas touch admitted that she started her life in the business environment, and knew from the very start that she was not only going to make it in business, but she would be a great force to reckon with, competing with the greatest. Today, that desire has not only been met but has been surpassed as well, as she is now the business persons’ mentor.

Iyalaje has never hidden her disdain for being an employee, and so gave all it took to push through apprenticeship under the tutelage of her mother, learning through thick and thin, and ending up an international success.

“I had always known that I will make it in business and this further made me to be more focused in order to get to my desired height. I haven’t even scratched the surface of the greatness that I am destined to be. I have always faced my business until I was brought out of my shell for recognition. I have been operating quietly for a while, and I think God felt it was just the right time for me to be recognized,” she was quoted as saying.

Meeting her at close range, it is reported that the first thing that strikes one is her sheer humility and respect for all and sundry irrespective of status; political, financial or otherwise. These are rare qualities that follow her about like a retinue of hangers-on.

Slowly but steadily, Princess Toyin Kolade stamped her feet in the sands of time, having won over 20 awards, which celebrated her as a force to reckon with in the business terrain. Hers is a story of from grass to grace as she launched out from a relatively unknown force to a massive personality that the business and social world cannot do without today.

As regards her numerous awards, she said: “They are simply celebrating my achievements. I didn’t give anybody money in exchange for the awards. They (givers) recognised my hard work. It is a sign of encouragement to spur me to do better and a challenge, because I have to continually prove that I am worthy of the awards that I have been given. I want people to see me and praise God. I want people to see me as their role model; I do not want to fail my generation.”

A fashionista of high standard, and always known to dress in sparkling white attire, depicting her princess status, Kolade is revolutionalising the business world, putting forward her best feet at all times which cut across the world of  pharmacy, manufacturing, furniture, oil and gas, imports, exports, clearing and forwarding among a host of others.

How did she start? She told a story of how she stayed close to her mother who taught her the rudiments of buying and selling, and how she was already a millionaire before the age of 21.

“My mother was a big time business woman who traded in soya beans, yam flour, beans, rice and corn in bags; and it was always with great delight that I helped her in her trading business while my mates did what children were expected to do – play.

“I learnt the ropes in business from her. I remember that I used to travel on her behalf up North to buy these things. With time, I started doing my own personal business, buying and selling and by the time I was 21, I had almost N5m in my bank account, she narrated.

While also running her lucrative business, she saw a need to reclaim her education status, and was admitted into the University of Ife, now Obafemi Awolowo University, for a course in Logistics.

“I knew that to succeed and consolidate on one’s successes in life, university education was of utmost priority. You can’t stop at secondary school level, or else your level of interaction and operation will be seriously stunted,” she was quoted as saying.

In 1996, her vision widened with the establishment of her parent company, Fisolak Global Resources at Apapa, which has remained her base till date.

A highly spiritual person, Iyalaje believes that nothing can succeed outside of God, adding that prayer has remained her bargaining chip in all her endeavours.

“I don’t venture into anything until I get assurance from God and this has helped me greatly, as I don’t invest in any business that I won’t be successful in,” she said, stressing that she once lost a whopping $300, 000 for venturing into a business without the consent of God. Her closeness to God has developed a prophetic tendency in her, and she could rightly be called a prophetess.

She is a woman with an eye for details, who ones she gets God’s approval, follows up with thorough feasibility studies and engage with the agility of a tiger for maximum results. Her efforts saw to the establishment of her second company, Rashkol International Logistics Ltd.

The amazon, who is married to the heartthrob of her youth, Prince Kayode, considers her marriage to be her greatest asset. To crown it all, she met her husband in the church over two decades ago, and since then, the two has moved from bliss to bliss, producing God fearing children and grandchildren in the bargain.

The extremely beautiful princess once boasted that no one can take her husband from her because apart from being a hard working entrepreneur, she is the best of home makers, and knows the right strings to pull to keep a man happy. This, as much Prince Kolade can attest to with his robust looks and happy disposition at all times.

A very generous personality and philanthropist of repute, Princess Kolade has been in the forefront of sponsoring many festivals in her native Osun State and many other places her attention is required even without being invited. Many young people have gone to school at her expense just as a lot have found vocations through her assistance. A whole lot of people who has been privileged to meet her attests to the fact that she is really affecting the society with her God-given wealth. She also runs a charity organization, which she has successfully kept away from the public as she believes in touching people’s lives and putting smiles on their faces without talking too much about it.

Highly philosophical and religious, Iya Alaje had taken to pray for and admonish the public on the way forward. She wrote: “If you feel that life in its totality is a bed of roses; you might not be wrong depending on your personal experience, but for me, life is built with different ups and down which play a role just to make us stronger.

“In my case, I have experienced both sides of the coin. All thanks to God that despite the hot shots targeted to take my life during my formative years; plans to cut me short in my prime proved abortive.

“It’s quite interesting and also a blessing that I had a prayerful mother (of blessed memory), who never toyed with prayers, that earned her the sobriquet ‘Iya Aladura’.

“In fact, she prayers fervently like it’s going out of fashion just to make sure I navigate through the murky waters of life without any issue or stumbling block.

“Yes, I can tell you that; on several occasions I was attacked as a teenager. With the love of God on my life, I was able to stay afloat still bubbling with much life. Like I have always averred If not for God, the evil wish of detractors and naysayers would have come to past. God kept shielding me from those who never wanted to see me grow.

“Today, I have not only grown, I have also blossomed like a tree planted by the river bank. Just like my name; OlorunToyin meaning ‘God is big enough to be worshipped’.

“Today is quite significant; in fact, my birthday this year’s is indeed a moment to thank Almighty God who is the giver of life; the one I call ‘Olodumare’, The God that never fails; the one who gives life and takes it at his own will.

“With my clear testimony of his goodness in my life, most especially, when many wealthy people died due to the deadly COVID-19 virus, but he preserved me and my household and nobody fell a victim; that alone is enough reason for me to climb the mountain top and shout 7 big, high Hallelujah to the king of kings….

“From this very moment, I have intensified efforts to keep channeling my strengths to continue worshiping him and I pray never to derail nor depart from it.”

The all white loving princess had for decades lived a life characterized by selfless service to humanity. She has undoubtedly been beneficial to those who had approached her for support and those she had by herself discovered. Her efforts during the COVID-19 lockdown to reach out to the haves and have nots with palliatives, have remained a point of reference in passion and care. Many see the honours of Iya Alaje as reward for her loyalty overtime; loyalty to humanity, loyalty to divinity.

An indoor person, except when attending social events on invitation, Princess Kolade’s role model has remained Hajia Bola Shagaya, who she said has refused to combine business with politics

To her, business is no retreat, no surrender; no breaks, no vacations – everything runs pari pasu.

Appreciating the woman of substance on her birthday, the Ooni of Ife penned a glorious tribute to her, and reads in part:

“For she is by all means a worthy ambassador of the House of Oduduwa under the indefatigable leadership of the Ooni of Ife, Arole Oodua Olofin Adimula, Ooni Adeyeye Enitan Ogunwusi, Ojaja II on whose behalf she has been superlatively coordinating the annual Aje Festival Celebrations in Ile-Ife, we hereby wish our own Princess (Dr.) Oluwatoyin Kolade a very Happy Birthday.

“We celebrate this loving wife of our own Prince Kayode Kolade, we wish her a happy birthday and we pray the Almighty Olodumare shall richly characterize her new age and the rest of her journey on this earth with continued good health, longevity of life and increased prosperity as she’s gloriously a year older today.

Igba odun odun kan o”

Afon a gbo ko to wo

HBD Iyalaje!!!

Ma, for the lives you have affected, for proving that success is no respecter of gender as well as shattering the glass ceiling to becoming the first Iya Alaje Oodua; we wish you glorious birthday celebrations and a wonderful tenure in your God-given office. Congratulations!

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Boss Of The Week

Osun Speaker, Hon Adewale Egbedun, Celebrates Stylish 40

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By Eric Elezuo and Ruth Akpan

As a testament to the enduring impact and love the inimitable Speaker of the Osun House, Rt. Hon Adewale Olumide Egbedun, has garnered from those around him, and beyond, a heartfelt thanksgiving service and sumptuous reception were organised to celebrate his entry into the ruby age.

Consequently, the beautiful city of Osogbo became abuzz as residents and well-wishers across the country gathered to celebrate the charismatic Speaker as he clocked 40 – a milestone birthday celebrating a legacy of dedication and service.

With the background belief that his existence and achievements in life are traceable to one source, Egbedun spared no expence to return all the glory to God Almighty. He therefore, kickstarted the celebrations with a thanksgiving service.

Attended by prominent figures from Nigeria’s political and economic spheres, the day’s festivities commenced with the arrival of the charismatic celebrant at African Church, Asi, Osun State, where the thanksgiving service was held in his honour.

As the congregation rose to welcome him, the celebrant took to the podium to deliver the Read Only Lesson, showcasing his spiritual eloquence. Before sharing his reflections, he regaled the audience with his favorite hymn, filling the sanctuary with soulful harmony.

In a heartfelt and inspiring sermon, Archbishop Michael Adeyemi, a revered spiritual leader, highlighted the Speaker’s virtues, accomplishments and unwavering commitment to public service- words that visibly moved the congregation, underscoring the significance of gratitude and celebration.

Following the thanksgiving service, guests made their way to the Oasis Event Centre, Oroki Extensive, Osogbo, where a lavish reception awaited. The event kicked off with an opening prayer, setting the tone for a joyous celebration.

In commemoration of the special occasion, the celebrant received a special birthday message from the Governor of Osun State, Senator Ademola Adeleke. The message signed by Mallam Olawale Rasheed, Spokesperson to the Osun State Governor read:

“It’s hearty for me to celebrate an exceptional legislator, Rt. Hon. Olumide Adewale Egbedun, as he turns 40 years old today. While many may see the numbers, I see the lives that the numbers counted for, the contributions to our dear state that made up the numbers, and the inspiration that his life serves to many.

“From the time that the baton of leadership has been passed on to him, Rt. Hon. Egbedun has been remarkable, coordinating the House of Assembly in such a way that it aligns with our administration’s efforts to transform lives and move Osun state forward. I’m particularly impressed by the Speaker’s ability to foster cooperation and unite interests for the common good of impacting lives.

“As he turns 40 today, I want to take a moment to compliment him for his sincerity of purpose and the unwavering dedication to shaping the state’s future. It is my prayer that God grants him many more happy and rewarding years just as it is my hope that he will continue to make meaningful contributions, not just for Osun state, but Nigeria as a whole.”

Governor Adeleke recognises the Speaker’s down-to-earth nature and a remarkable sense of purpose, expressing his deep admiration for the celebrant’s ability to bring diverse perspectives together to drive the objective of moving Osun state forward.

The Governor salutes Speaker Egbedun for the remarkable leadership he has shown in the House of Assembly, fostering cooperation through dialogue, acknowledging the pivotal role that the 8th Assembly under the Speaker’s guidance has played in the monumental achievements recorded by this administration.

Also celebrating the young Speaker, the Osun Amotekun Corps, in a statement signed by the Public Relations Officer, Idowu Abass, the Board Chairman, AIG Wale Abbas (Rtd), alongside the Corps Commander, Chief Dr. Hon. Adekunle Isaac Omoyele, praised Egbedun for his outstanding leadership, unwavering commitment to democratic values, and his continued support for the advancement of security and good governance in Osun State.

Describing the Speaker as a man of the people and a progressive legislator, the Amotekun Corps leadership commended Egbedun’s instrumental role in the swift and successful passage of the amendment to the Osun Amotekun Corps Constitution. The amendment has significantly strengthened the legal and operational framework of the Corps, thereby enabling it to effectively discharge its constitutional responsibilities in safeguarding lives and properties across the state.

“The Osun Amotekun Corps acknowledges with deep appreciation the leadership qualities of Rt. Hon. Egbedun, particularly his understanding of the importance of local security initiatives and his resolve to support institutions working towards the protection of our communities,” the statement read.

“As Speaker of the Osun State House of Assembly, his legislative insight and people-oriented approach continue to inspire a new generation of leaders across Osun State. His dedication to upholding laws that foster security, peace, and development reflects his deep commitment to the growth and welfare of our dear state.”

The Corps leadership further wished Speaker Egbedun good health, more wisdom, and greater accomplishments in the years ahead as he continues to serve the people of Osun State with passion and distinction.

Happy 40th Birthday, Rt. Hon. Adewale Egbedun!

Everyone, including Yeyeluwa Modupeola Adeleke-Sanni, who was given an opportunity to share their thoughts about the Speaker spoke glowingly, praising his role in good leadership, dedication and steadfast commitment to public service.

The highlight of the evening was the cake-cutting ceremony supervised by the Executive Governor of Osun State, Senator Ademola Adeleke.

Anchored by Olalekan Fabilola (Masoyinbo), the evening was filled with laughter, music and merriment as guests were treated to a sumptuous spread of delectable cuisines and refreshing drinks.

The atmosphere was electric as the duo of renowned artists Dr. Yinka Ayefele and SB Live took to the stage to deliver captivating performances with their infectious rhythms and melodies.

In response, Hon Adewale Egbedun expressed his heartfelt gratitude to his family, friends, colleagues and well-wishers for making his 40th birthday a memorable occasion.

Hon Egbedun was born on June 29, 1985, becoming the Speaker of the Osun State House of Assembly at the age of 38 in June 2023.

He had his tertiary education at the University of East London, after a successful stint of elementary and secondary education in Nigeria. He is a holder of Business Information Systems degree.

A first term member of the House, representing Odo-Otin State Constituency, Egbedun’s nomination to the speakership position speaks volumes of his charisma, indepth strength and zeal to deliver.

He had stated in his acceptance speech that the 8th assembly would prioritize workers welfare and citizens lives, improve infrastructure…

A thoroughbred individual, Hon Egbedun deserves all his flowers as he waddle through the ruby ages.

Congratulations sir!

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Boss Of The Week

Woman of Steel: Kemi Koyejo Redefines Auto Business in Nigeria

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By Eric Elezuo

“More than just selling cars, we are offering a complete ownership experience; Competitive pricing and flexible financing solutions; Comprehensive after-sales care; Certified pre-owned options; Expert maintenance and repairs; Customization and accessories tailored to your taste.

“But we are not stopping there. At the heart of New Era is a commitment to sustainability. We believe the future of mobility must be environmentally responsible. That’s why our lineup features a growing range of hybrid and electric vehicles, reducing emissions and moving us toward a greener tomorrow.

“We are also passionate about creating an inclusive and empowering environment. Today, I proudly celebrate our Auto Amazons — bold, brilliant women who are thriving in a space long dominated by men. You are trailblazers, and you deserve every accolade. At New Era, diversity and equity are not just values — they are guiding principles.

“Our team undergoes continuous training to deliver world-class service to every customer, regardless of gender, background, or status. Because here, every client matters, and every voice is heard.

“I would also like to express my deep gratitude to: Our principal, Jetour Mobility Services Nigeria Limited, for their vision and trust. My partner, Mr. Raf Abanum, for his steadfast support. And most importantly, our incredible staff, the backbone of this dream turned reality.

“To our future customers: We are here for you — to deliver not just vehicles, but memorable experiences, built on trust, quality, and excellence.

As we step boldly into this new chapter, I invite you all to join us — to drive with us into a future of innovation, sustainability, and shared success.”

Those were the power-packed words of the Chief Executive Officer as JETOUR begins a journey of Refining auto marketing in Nigeria.

With each impressive step, auto expert and entrepreneur, Mrs Oluwakemi Koyejo, known as Kemi by all and sundry, has continued to prove that ‘impossible’ is just another word not worthy of a second consideration. She has consistently broken barriers after barriers, placing herself top on the automobile ecosystem.

With a combination of stringent dedication, focus and commitment to her job description, she has successfully brought JETOUR cars to Nigeria under her New Era Automobile Services Limited.

This feat is in response of Nigeria’s quest for technologically advanced, affordable, and durable vehicles.

The special unveiling, performed under the supervision of the Chairman of Elizade Motors, owners of the Toyota franchise in Nigeria, Chief Michael Ade-Ojo, who urged motor lovers to take advantage of the ruggedness and state-of-the-art facilities of the automotive, held at the company’s showroom at Lekki, Lagos, marking the debut of Nigeria’s first exclusive Jetour showroom in Lekki, Lagos State.

Speaking at the event that had all the trappingsof colourful, with close friends and family members including colleagues and stakeholders in the motoring sector, in attendance, the chairman of the event, who was privileged to perform the unveiling, Choef Ade-Ojo commended the dexterity, candour and never-say-never attitude of Koyejo and her team, stressing that the JETOUR brand is topnotch, and that its models aligns perfectly with the rugged terrain and challenging climatic conditions of the Nigerian roads and environments

He noted that “Jetour is not just a stylish automobile; it’s a durable companion built to meet Nigeria’s peculiar demands. It is encouraging to see an initiative that prioritises innovation, reliability, and a future-forward approach.”

In her welcome address, Mrs Koyejo, who sits atop the budding automotive company as the Managing Director, described the launch as more than just a business milestone, saying it is a commencement of a new vista in not only mobility in state-of-the-art car, but a wholesome customer satisfaction experience within Nigeria and other countries that would be connected.

“Today marks more than the opening of a showroom; it is the beginning of a bold journey to redefine automotive excellence in Nigeria.

“We are proud to unveil the first exclusive JETOUR dealership in the country, bringing world-class technology, luxury SUVs, rugged off-roaders, and innovative electric vehicles closer to the Nigerian market,” she said.

She emphasized that the facility would not only provide real-time access to Jetour vehicles but also serve as a hub for after-sales services, competitive pricing, flexible financing, and certified pre-owned options.

Koyejo also highlighted the company’s commitment to sustainability, revealing that New Era’s product portfolio includes an expanding line of hybrid and electric vehicles aimed at reducing carbon emissions and contributing to a greener environment.

She extended appreciation to Jetour Mobility Services Nigeria Limited for its support, and to her business partner, Mr. Raf Abanum, for his unwavering encouragement.

A major highlight of the unveiling was a tour of the new showroom, showcasing JETOUR’S ’s versatile range of vehicles, from luxury designs to adventure-ready models.

The facility is expected to enhance the brand’s visibility and responsiveness to consumer needs in Nigeria’s highly competitive auto market.

Kemi Koyejo, a quintessential automotive has just taken a bold step towards redefining the Nigerian automotive landscape, and stakeholders, industry watchers as well as the general public, have said the sky is the limit in this human oriented endeavour.

Photos: Ken Ehimen

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Boss Of The Week

Nneka Onyeali-Ikpe: Striding Gingerly to Greater Achievements

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By Eric Elezuo

The last couple of days had been designed by detractors to be a trying period for Fidelity Bank, and its indefatigable Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, but hard work cannot be shortchanged as it ended up becoming a week of triumph for the a-list top lender commercial bank, and its top grade boss.

Onyeali-Ikpe has proved herself so remarkable in the triumphant journey of the Fidelity Bank group that she was rewarded with an extension of her employment contract in 2024. No doubt, Mrs Onyeali-Ikpe, reputed as a solid amazon in the finance sector, and a go-getter, has seen and conquered the banking arena, and is honoured among veterans as a solid foundation in Nigeria’s money business.

It would be recalled that recently, she led the bank to 238% oversubscription of the bank shares; a feat that has been described as unprecedented.

“We are delighted to announce the successful completion of the first phase of our capital raising initiatives through a Public Offer and Rights Issue. The positive result recorded in our Combined Offer is a testament to the strength of the Fidelity Bank franchise in the capital market. It is both gratifying and humbling to note this level of investor confidence in our Bank. We extend sincere gratitude to our investors for their continued confidence in the Bank, as evidenced by the 237.92% and 137.73% oversubscription of our Public Offer and Rights Issue respectively. As we go into the next phase of our capital raising drive, we reaffirm our commitment to providing cutting-edge financial solutions to our customers and sustainable returns to our stakeholders,” Onyeali-Ikpe noted.

These triumps have triggered negative reactions from a cross section of most uninformed players in the industry to begin a campaign of calumny. During the week, an online news platform claimed that Mrs Onyeali-Ikpe violated one of the listing rules of the Nigerian Exchange (NGX) Limited with the acquisition of fresh 18 million equities of the company. This is while the financial amazon was striking a master stroke to lift Fidelity Bank to maximum level of achievement.

Responding, through a notice to the Nigerian Exchange (NGX), which literally exonerated the bank, the lender described the report as “patently false, misleading and malicious,” clarifying that Mrs Onyeali-Ikpe did not take “personal advantage of material price sensitive information to engage in insider trading” as being alleged.

In a show of transparency and accountability, Onyeali-Ikpe’s Fidelity requested an independent review of the transaction by the NGX. From its findings, the stock exchange cleared the company and Mrs Onyeali-Ikpe of any wrongdoing.

In a letter dated May 22, 2025, the regulator dismissed allegations of insider trading and the misuse of bank funds for the transaction, saying, “Following the filing of the bank’s 2025 Q1 UFS on April 30, 2025, the directors and other insiders of the bank became eligible to trade on the securities of the bank after 24 hours.

“Therefore, the share purchase transaction referenced by Sahara Reporters which occurred on May 19, 2025, was transacted during an open trading window and NGX RegCo is not aware of any other price sensitive information that the Bank is required to disclose which should hinder trades on the securities of the bank by insiders.”

Additionally, the Divisional Head of Brand and Communications for Fidelity Bank, Mr Meksley Nwagboh, in a statement, also disclosed that, “As a publicly quoted company regulated by the NGX and subject to the Listing Rules of the NGX and the Securities and Exchange Commission (SEC) regulations, we unequivocally confirm that neither the Bank nor its MD/CEO has ever engaged in insider trading.”

He also stressed that Mrs Onyeali-Ikpe personally funded the share purchase and did not utilize bank funds or take a loan for the share purchase, reaffirming that the deal was conducted in strict adherence to the Listing Rules and insider trading regulations governing publicly traded companies.

While the naysayers were plotting her downfall, Onyeali-Ikpe was busy elevating Fidelity Bank, and giving investors reason to sleep with both eyes closed.

Born on July 28, 1964, Nneka, as beloved and close family members, friends and colleagues fondly call her, is a force to reckon with, and has in a space of 32 years and counting, of career banking, brought to bear all the stops that make for great banking and financial experience, climbing to the topmost echelon of investment banking and related areas.

Fidelity Bank Plc knows this, and announced its decision after a thorough Board of Directors’ meeting to extend the employment contract of the ebullient achiever from 2024 to 2026. It won’t come as a shock if by 2026 when the tenure expires, the board decides to further extend the tenure.

The Board had noted, and without equivocation, that it is confident that the Bank’s performance will continue its upward trajectory under Dr. Nneka Onyeali-Ikpe’s leadership, and looks forward to working closely with her and the Executive Management Team on execution of various strategic initiatives including international expansion. They were not wrong.

The banking guru, who was born in Awka, Anambra State, Nigeria, also lived in Owerri, Imo State, where she studied at the Federal Government Girls’ College. After her successful stint at FGC, she was admitted into the premier school, University of Nigeria, Nsukka, where she obtained a degree in Law before attending the prestigious King’s College, London, for a Masters Degree also in Law.

Before attaining the enviable GMD with Fidelity Bank, Onyeali-Ikpe had out of dint of hardwork, paid her dues from lesser positions.

She began her career in 1990, when she was employed as a legal officer for the now-defunct African Continental Bank. She later worked as a treasury officer for the First African Trust Bank, and thereafter joined Zenith Bank, and subsequently the Standard Chartered Bank. Her experience in the course of her sojourn are combined to make her a toast of the banking industry today.

Having cut her teeth, and garnered a lot of experience and goodwill, she was in 2011, absorbed by Enterprise Bank as an Executive director of the bank’s operations in Lagos and other locations in the South-Western region in Nigeria. She wasted no time in turning around the fortunes of the bank.

In January, 2015, Onyeali-Ikpe joined Fidelity Bank as an Executive Director, and rose through the ranks until she was announced the Managing Director in December, 2020. Following her appointment, Nneka became the first female MD/CEO in the history of the bank.

Presently, Dr Nneka Onyeali-Ikpe, with the national honour of Officer of the Order of the Niger (OON) is the Group Managing Director and Chief Executive Officer of Fidelity Bank Plc, a foremost financial institution with a client base of over about nine million customers.

Apart from her Law degrees, from the prestigious University of Nigeria, Nsukka and Kings College, Onyeali-Ikpe has also attended executive training programs at Harvard Business School, The Wharton School University of Pennsylvania, INSEAD School of Business, Chicago Booth School of Business, London Business School and IMD amongst others.

It is worthy of note that she recently completed a Diploma programme in Organizational Leadership at Said Business School, Oxford University, UK and received an honorary doctorate degree in Business Administration at the University of Nigeria, Nsukka (UNN). She is also the recipient of the national award of the Officer of the Order of the Niger (OON) which was awarded to her by the Federal Government of Nigeria in 2023.

With close to 34 years of rewarding banking experience through Enterprise Bank, Citizens International Bank, Zenith Bank and Standard Chartered Bank among others, the woman is surely a force to reckon with.

A woman of many parts, Onyeali-Ikpe has also been involved in the structuring of complex transactions in Oil and Gas, Manufacturing, Aviation, Real Estate and Export among many others.

She is, without an iota of doubt, widely regarded as one of Africa’s leading female CEOs with a reputation for authentic leadership and proven people skills in identifying talents, opportunities and executing complex business deals. She has extensive business development experience with proficiency in retail, corporate and commercial banking and treasury management among others.

LANDMARK ACHIEVEMENTS IN FIDELITY BANK

Under Nneka’s watch, the Bank grew its PBT from N25.22bn in FY 2021 to N122bn in FY 2023. Nneka has now set her horizon on leveraging the opportunities in select high growth international markets where the Bank has a competitive advantage. She most recently guided the bank to obtain the approval of the Central Bank of Nigeria to expand its operations to the United Kingdom with the acquisition of the former Union Bank UK, now Fidelity Bank UK Limited.

Passionate about innovation and embracing technology, Nneka has pioneered several innovative and pacesetting products such as the PayGate Plus, an online platform that enables businesses make and receive payments.

Dr. Onyeali-Ikpe has also radically repositioned the bank as the go-to financial institution for Small and Medium Enterprises. Understanding the crucial role of small businesses in the sustenance of economic growth and development, she led the bank to create the Fidelity International Trade & Creative Connect (FITCC) which is aimed at providing a global platform for exporters, regulators, subject matter experts and foreign markets to connect.

The FITCC 2022 edition was attended by representatives of both the UK & the Nigerian Governments, Nigerian exporters, investors, regulators from the United Kingdom and Nigeria, the business community and other practitioners. The pipeline deals from the event was in excess of $200m. Over 2,000 people registered to attend the event and daily foot-fall was about 1,000.

The second edition of FITCC, which was hosted in Houston, Texas, United States of America in October 2023, was even bigger with projected pipeline deals of over $250m and more than 160 businesses in participation. Tagged, FITCC Houston, the success of the event is signposted by the designation of 25 October 2023 as the “Fidelity International Trade and Creative Connect Day” by Mr. Sylvester Turner, Mayor of Houston.

HER CORPORATE SOCIAL RESPONSIBILITY EFFORTS

In her bid to give back to the communities the Bank serves and as part of her efforts to combat the twin issues of poverty and hunger, Dr. Onyeali-Ikpe recently launched a National Corporate Social Responsibility initiative tagged The Fidelity Food Bank which provides free food bags to people across Nigeria monthly.

In recognition of her leadership and outstanding performance, she received commendation from AMCON as a member of the Management Team that restructured and turned around the fortunes of the erstwhile Enterprise Bank. She also received several board commendations from the Managing Directors of Standard Chartered Bank and Citizens International Bank for outstanding performance at various times.

FIDELITY AWARDS UNDER ONYEALI-IKPE’S WATCH

With Onyeali-Ikpe as the Chief Executive Officer, Fidelity Bank has been the recipient of several awards within and outside Nigeria some of which are:

1. Best Commercial Banking Brand in Nigeria by the Global Brands Magazine Awards

2. Best Private Bank in Nigeria by The Financial Times in association with The Banker Magazine

3. Trade Ambassador Award by the Nigerian-American Chamber of Commerce (NACC)

4. Global Finance’s World’s Best Private Banks 2023 awards for Best Private Bank in Nigeria

5. The Best Payment Solution Provider Nigeria 2023 in the 2023 Global Banking & Finance Awards

6. Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’ (BAFI) Awards 2023.

7. The “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

The Awards are still counting.

PERSONAL RECOGNITIONS AND AWARDS

On her own part, Dr. Onyeali-Ikpe has been recognized by numerous local and international bodies for her sterling achievements. These include:

1. The national award of the Officer of the Order of the Niger (OON) by the Federal Government of Nigeria in 2023.

2. The Banker of the Year 2022 at the 14th Leadership Annual Conference and Awards and

3. The Best Banking CEO Nigeria 2023 in the 2023 Global Banking & Finance Awards.

4. 2023 Top 25 CEOs in Nigeria at the BusinessDay Awards

5. The Banker of the Year 2022 at the Champion Newspapers’ Awards of the Year 2022.

Considering her versatility, industry knowledge and vast network, she also serves on the following Committees and organizations:

1. Chairperson, Financial Literacy and Public Enlightenment Sub-Committee of the CBN Bankers Committee.
2. Chairperson, Funds and Grants Committee of the Chartered Institute of Bankers of Nigeria
3. Member, Audit Committee of FMDQ Group PLC
4. Member of the Board, Shared Agent Network Expansion Facilities (SANEF)
5. Member of the Board, Unified Payment Services Limited

PERSONAL LIFE

Onyeali-Ikpe is married to Dr. Ken Onyeali Ikpe, PhD, a visionary leader with strong business acumen and respected for his demonstrated knowledge in Marketing, Branding and Consumer Consulting and Business acceleration.

She is a celebrated wife and mother, who has combined home duties with professional endeavours without allowing any to suffer.

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