Boss Of The Week
Consistent Strides: Akinwumi Adesina Bags The Gambian Highest National Honour
Published
2 years agoon
By
Eric
By Eric Elezuo
For Nigerian-born President of the African Development Bank (AfDB), Akinwumi Adesina, excellence and eye-on-the-job have remained a hallmark that must not be compromised. And so year in and year out the former Minister of Agriculture under the Goodluck Jonathan-led administration of 2010 to 2015, has continued to deliver firsts in his capacity as the leader of the world body, as an African and as a proud Nigerian.
Akinwum’s latest cap of feathers is his recent honour handed down by the president of The Gambia, Adama Barrow, who bestowed on him the highest national honour of the country, the Grand Commander of the Order of the Republic of The Gambia.
The honour, The Boss Newspaper learnt, is in recognition of Adesina’s leadership role and contributions to development in The Gambia in particular, and Africa at large.
President Barrow bestowed him with the honour during a ceremony held in Soma during the week while the recipient was on an official visit to the West African nation. The visit was the first by an African Development Bank president since The Gambia joined the Bank Group nearly 50 years ago.

An official citation rendered during the conferment of honour recognised Adesina’s leadership role in increasing the Bank’s share capital from $93 billion to $208 billion in 2019, the highest in the Bank’s history since its inception in 1964; financial innovations; enhancing the Bank’s effectiveness and impact; his innovative and transformational policies as Nigeria’s former Minister of Agriculture, including the introduction of an electronic wallet for farmers and the effective ending of corruption in the country’s fertiliser sector.
The citation further noted that in 2022, the African Development Bank was ranked the Best Multilateral Financial Institution in the world by Global Finance; and the Most Transparent Financial Institution in the world by ‘Publish What You Fund,’ for its sovereign operations. Thanks to the effective leadership style of Adesina.
Also under Adesina’s leadership, the Bank convened the 2023 Feed Africa Summit which brought together 34 Heads of State and Government, development partners, global and regional private sector players, and farmers for transformative actions for food self-sufficiency in Africa. The summit, co-hosted by the Senegalese government, mobilized more than $70 billion to date.
While receiving the honour, Adesina noted as follows: “Sometimes, I wonder what I have done to deserve such an award. The honour you have bestowed on me is not just personal. It reflects the long partnership that the Bank has had with The Gambia.”
“My life is useful only to the extent that it helps improve the lives of others. Nothing more,” Mr Adesina told The Gambian government, “The African Development Bank will stand beside you, be around you, and support you strongly, and we will continue to see the fruits of our marriage.”
Among a plethora of achievements, Adesina is a 2017 World Food Prize Laureate, who had worked as a rice researcher in The Gambia. He promised that the Bank would support the country in its ambition to become self-sufficient in rice.
Consequently, the Bank Group under Adesina, has committed $32.4 million to an ongoing programme to boost rice value chains, aiming to produce 200,000 additional tonnes of paddy rice by 2028 and reduce imports to zero.
Also in recent years, Adesina’s African Development Bank Group has funded several projects in The Gambia, including the modernisation of the Banjul Port, the construction of the Senegambia Bridge that connects the country with Senegal, agricultural transformation, climate change mitigation, social protection and energy sector development.
All in all the AfDB has invested $540 million in The Gambia since it joined the institution in 1974.
Adesina needs no introduction in the finance and agriculturalworld. He is the second term President of the African Development Bank (AfDB), and arguably Nigeria’s best performing Minister of Agriculture till date. He is one man whose name not only ring a bell among the people of the world, with special emphasis to Nigeria, he is a source of succour, hope and encouragement. In fact, his antecedents in public service speak volumes.
In addition to Adesina’s many firsts, the pan African President of AfDB, who went through thick and thin to conquer imperialism and retained his office, was not long ago on news front burner when he against all odds took his stand with the citizens of Nigeria to caution the former President Muhammadu Buhari-led Federal Government of Nigeria against excessive taxation on the population, whom he justifiably described as the ones providing the amenities in the country.
Without mincing words, he told the Federal Government pointblank to pull the brake on tax increment, saying that it will be double jeopardy to over tax citizens who provide basic amenities the government has failed to offer. The government actually needed a shock absorber to take that in. He took his premise on the fact that every Nigerian home is responsible for his own water with self dug borehole, electricity with private power generators and in more cases than one, provides his road network, communication enhancement equipment as well as amusement facilities.
He said the fact that Nigeria taxes are relatively lower cannot be justification for incessant tax raise.
Adesina’s advice came in the heat of a lecture he delivered at the annual conference of the Institute of Chartered Accountants of Nigeria (ICAN) in Abuja.
He said: “Low tax to Gross Domestic Product (GDP) rate in the country is not an excuse for the Federal Government to keep increasing taxes.
“While other countries with high tax rates have functional free education and free health care system among others, such cannot be said for Nigeria.”
“In Nigeria, the inefficient system has imposed an implicit tax on the Nigerians as the people are made to provide basic essential facilities that should have been made available by government.”
Adesina’s overriding influence in the field of placing humanity first, took centre stage when he was appointed Minister of Agriculture by the administration of the then President Goodluck Jonathan. He left office in 2015, and immediately clinched the presidency of AfDB. Since then, Adesina has not looked back working for the growth and development of Nigeria and Nigerians in particular, and Africans in general.
BRIEF BACKGROUND OF AKINWUMI ADESINA
Adesina was born to a Nigerian farmer in Ibadan, Oyo State, on February 6, 1960. He attended a village school and graduated with a Bachelors in Agricultural Economics with First Class Honors from the University of Ife, Nigeria in 1981. He was basically the first student to be awarded this distinction by the university. He followed up his studies at Purdue University in Indiana, briefly returning to Nigeria in 1984 to get married.
Afterwards, he returned to school, obtaining his PhD (Agricultural Economics) in 1988 from Purdue, winning the Outstanding Ph.D Thesis for his research work in the bargain.
Adesina’s professional career kicked off proper in 1990, when he served as a Senior Economist at West African Rice Development Association (WARDA) in Bouaké, Ivory Coast. He served till 1995.
He worked at the Rockefeller Foundation since winning a fellowship from the Foundation as a senior scientist in 1988. From 1999 to 2003 he was the representative of the Foundation for the southern African area. And from 2003 until 2008, he was an Associate Director for food security.
In 2010, he was appointed Nigerian Agriculture Minister, a post he held till 2015 when the administration of former President Goodluck Jonathan ended.
Adesina was named as Forbes African Man of the Year for his reform of Nigerian agriculture. He introduced more transparency into the fertiliser supply chain. He also said that he would give away mobile phones to farmers but this proved too difficult as a result of lack of mobile network in rural areas.
In 2010, United Nations Secretary General, Ban Ki-moon appointed him as one of 17 global leaders to spearhead the Millennium Development Goals.
On May 28, 2015, just before he completed his tenure as the Nigerian Minister of Agriculture, a position he had held for four years, Adesina was elected the presumptive President of the African Development Bank. He began his tenure of the office on September 1 2015. He is the eighth president in the organization’s history, and the first Nigerian to hold the post.
On resumption at the AfDB, He launched a strategy based on energy, agriculture, industrialization, regional integration and bettering Africans’ lives. The Board of Executive Directors approved the reorganization of the structure around these five priorities.
In September 2016, Adesina was appointed by United Nations Secretary-General Ban Ki-moon to serve as member of the Lead Group of the Scaling Up Nutrition Movement.[10]
In 2017, he was awarded 2017 World Food Prize. Upon receiving the prize on October 21, 2017. Adesina donated the $250,000 he received to the development of African youth in agriculture. That is how generous and benevolent he is.
Adesina is not all work; he is reportedly very close to his God. While at Purdue University, he, his wife, along with another couple, started a Christian group called the African Student Fellowship. He and his wife Grace have two children, Rotimi and Segun.
As an Agricultural Economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at improving the lives of millions currently living in poverty, throughout the African continent. The Sunhak Committee acknowledges Dr. Akinwumi Adesina’s achievements in promoting Good Governance of Africa, which boosts Africa’s capacity to feed itself and transform its total economies for generating wealth for millions of rural and poor African farmers.
At the Cape Town International Convention Center, the Sunhak Peace Prize Committee announced him as a co-winner of the 2019 Laureates for the Sunhak Peace Prize, the other person was Waris Dirie, 53 year-old world-class supermodel and anti-FGM activist.
Dr. Akinwumi Adesina has been a leader in agricultural innovation in Africa for over 30 years, bringing great improvement to Africa’s food security. contributing to Africa’s dynamic growth. His leadership is building stepping-stones for Africa’s dynamic growth.
Chairman of the Sunhak Peace Prize Committee, Dr. Il Sik Hong, stated that “the Sunhak Peace Prize was established based upon the vision of “One Family Under God.” The 2019 Sunhak Peace Prize gives special attention to peace and human development in Africa.”
Dr. Akinwumi Adesina pioneered major transformations in the agricultural field, including expanding rice production by introducing high yielding technologies, designing and implementing policies to support farmers’ access to technologies at scale, increasing the availability of credit for millions of smallholder farmers, attracting private investments for the agricultural sector, rooting out the corrupt elements in the fertilizer industry, and assisting in establishment of major agricultural policies for Africa’s green revolution.
The “Africa Fertilizer Summit,” which he organized in 2006, was one of the largest high-level meetings in Africa’s history that had a focus on solving Africa’s food issues. During this Summit, Dr. Adesina was instrumental in developing the “Abuja Declaration on Fertilizer for the African Green Revolution,” whereby the participants stated their commitment to the “eradication of hunger in Africa, by 2030.”
Dr. Adesina worked with various banks and international NGOs in order to create an innovative financing system, providing loans to small farmers, providing a way for them to rise out of poverty. This move leveraged $100 million in loans and provided opportunities for small farmers to increase their agricultural productivity, and their income.
Dr. Akinwumi Adesina currently serves as the president of the African Development Bank Group which plays a central role in Africa’s development. As an “economic commander” of Africa, he promotes the “High 5 Strategy” that include: light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life for the people of Africa. As a result of his work, the lives of millions of people throughout Africa have been improved.
He was instrumental in gathering no fewer than 200 leading African political, business, and diplomatic leaders in Johannesburg for the 8th African Leadership Magazine Persons of the Year Award dinner. He was the cynosure of all eyes. Adesina’s achievements shone like a million stars as he was named and honored as the African of the Year 2019, the most popular vote-based third-party endorsement in Africa.
The event which was themed ‘Africa for Africans – Exploring the Gains of a Connected Continent’, brought together dignitaries including South African Deputy President, David D Mabuza, South AfricanMinisters Nkosazana Dlamini-Zuma and Lindiwe Zulu, and Dr. Ken Giami, Publisher of African Leadership Magazine.
In the keynote speech he delivered on the night, Adesina’s passion for the continent was seen as palpable, connecting with the attentive audience. Much as he deserved the honour by every standard, he nonetheless expressed deep humility in being recognised, clasifying his giant strides as ‘modest achievements and contributions to Africa’.
“Humbled to be nominated by what I gather to be 60% of the votes cast by some 1 million people, humbled to be at the helm of an organisation that is making a tremendous difference across Africa – the African Development Bank. An organisation that is daily making prosperity a reality,” he said.
He dedicated the award to his wife, Grace, the Board, staff, and colleagues at the bank, his mother, and “to the young mothers, struggling to bring up a child, to the farmer in search of a better tomorrow, to the youth of Africa longing for a better future, and to Africa’s journalists who risk their lives in helping to tell Africa’s true story.”
Seen as the visionary behind the African Development Bank’s High 5 strategy, he noted that the primary focus of the African Development Bank is “to light up and power Africa, to feed Africa, to industrialise Africa, to integrate Africa, and to improve the quality of life of the people of Africa. Five simple, strategic, and highly focused objectives.” The truth is he has never reneged in achieving the feats.
The African Leadership Magazine Persons of the Year Awards is now the most popular vote-based third-party endorsement in Africa.
In May 2021, he was honoured with a doctorate degree by the prestigious Makerere University, an effort that formed additional feather to a crown full of distinguished feathers.
We join the the world to celebrate your legacy of achievements and wish you many more years of service to humanity.
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Boss Of The Week
Ghana 2028: Mahamudu Bawumia Claims NPP’s Presidential Ticket
Published
2 days agoon
February 1, 2026By
Eric
By Eric Elezuo
In a keenly contested primary election, former Vice President Mahamadu Bawumia has claimed the presidential ticket of the New Patriotic Party (NPP) to fly the party’s flag in the 2028 presidential election in Ghana.
Bawumia defeated four other aspirants to clinch the ticket with a total votes of 110,643 (56.48%). They others fared as follows: Kennedy Ohene Agyapong – 46,554 (23.76%), Dr Bryan Acheampong – 36,303 (18.53%), Dr Yaw Osei Adutwum – 1,999 (1.02%) and Kwabena Agyei Agyepong – 402 (0.2%)
The votes cast were from the over 200,000 delegates from 333 polling centres across the 16 regions Ghana. From every indication, it appears obvious that the former vice president won by a landslide.
A seasoned academia-cum politician, Mahamudu Bawumia was born on October 7, 1963, and is reputed to share heritage with the Mabia (Mossi-Dagbon) ethnicity, as well as with influential figures such as Thomas Sankara, Alhassane Ouattara, Haruna Iddrisu, among many others.
He has out of a dint of hardwork, served at the highest level of politics and career, serving as seventh vice president for eight years and head of the Ghanaian central bank. He was also the New Patriotic Party (NPP) nominee for president in the 2024 general election

A member of Mamprusi people, Bawumia was born in Tamale, Ghana, to Alhaji Mumuni Bawumia and Hajia Mariama Bawumia. He is the twelfth of his father’s 18 children and the second of his mother’s five.
A Muslim by virtue of religion, Bawumia was named after Yaa Naa Mahamadu Bila, a king of Dagbon who ruled from 1948 to 1953. The name Bawumia means “They have heard” in Dagbanli and Gmampruli languages.
Tailored through educational inclination, Mahamudu Bawumia attended the Sakasaka Primary School in Tamale, and gained admission to Tamale Secondary School in 1975.
After graduating from Tamale Secondary School, he went to the United Kingdom, where he studied Banking, and obtained the Chartered Institute of Bankers Diploma (ACIB).
While at school, he participated activity in campus politic, becoming the president of the Ghana United Nations Students’ Association (GUNSA) in 1981.
In 1987, he graduated with a First Class Honours Degree in Economics from the Buckingham University.
He later obtained a Master’s Degree in Economics at Lincoln College, Oxford, and obtained a PhD in Economics at the Simon Fraser University, Vancouver, British Columbia, Canada in 1995. His areas of specialization include Macroeconomics, International Economics, Development Economics and Monetary Policy.
For an egghead like Bawumia, numerous publications trail his trajectory.
From 1988 to 1990, Bawumia worked as a lecturer in monetary economics and international finance at the Emile Woolf College of Accountancy in London, England. He also served as an intern at the Research Department of the International Monetary Fund in Washington, D.C. Bawumia also served as resident representative of the African Development Bank in Zimbabwe.
Between 1996 and 2000, Bawumia served as an assistant professor of economics in the Hankamer School of Business at Baylor University in Waco, Texas, USA, where he received a Young Researcher Award in 1998. He was listed in “Who Is Who Among America’s Teachers” in 1999. He also published two books on monetary policy and economic development.
Bawumia returned to Ghana in 2000 to work as an Economist at the Bank of Ghana. He rose from senior economist to head of department and subsequently served as special assistant to the governor of the bank.
In June 2006, then President John Kufuor appointed Bawumia the deputy governor of the Bank of Ghana, where he had an enviable track record of achievements across departments, sections and units.
During the run to the 2008 general elections, Bawumia resigned his position as deputy governor at the Bank of Ghana, becoming the running mate to NPP presidential candidate, Nana Akufo-Addo. Though they lost the election, Bawumia’s carriage increased the NPP’s vote count.
He was however, to return to the academic world, undertaking various assignments locally and internationally, including becoming consultant to the Economic Commission of Africa between February and March 2009, and a visiting scholar at the University of British Columbia Liu Centre for Global Studies and UBC Fisheries Centre between April and October 2009.
Owing to sterling credentials over the years, in January 2011, Bawumia was appointed resident representative of the African Development Bank for Zimbabwe by the African Development Bank. He served in this position until reappointed as the vice-presidential candidate to Nana Akufo-Addo on the ticket of the New Patriotic Party for Ghana’s 2012 presidential election. Again, they lost the election.
But on his third attempt in 2016, he became Vice President of the Republic of Ghana with Akufo-Addo as the Presidential. For eight years, both men run the affairs of Ghana, having enjoyed a reelection in 2020.
In 2024, as Akufo-Addo completes his tenure, he signified his interest to rum for the presidency, running against the candidate of the National Democratic Congress (NDC), John Mahama, who eventually won the election. On 8 December 2024, Bawumia conceded defeat to former President John Mahama in an address to the media at his residence.
In October 2020, he formally commissioned an ultramodern mosque built and fully funded by him for use by the people of Prang in the Bono East area. Dr. Bawumia had earlier in June same year settle over nearly 6 decades land lease arrears for the Kumasi Central Mosque.
In September 2021, he pledged GHS 1,500 monthly stipend to Psalm Adjeteyfio to take care of his rent and upkeep. In May 2022, Dr. Bawumia donated an amount of GHs 20,000.00 to a taxi driver who returned missing GHs 8,400.00 to the owner. In October 2021, Dr. Bawumia celebrated his 58th birthday with inmates of the Weija Leprosarium. In October 2022, he celebrated his birthday with cured lepers from the Weija Leprosarium and in October 2023, he celebrated his 60th birthday with the orphans at the Kumasi Children’s Home.
Bawumia is married to Samira Bawumia, and they have four children. He is expected to harness all his political and economic advantages in 2028 as he squares up against whoever the NDC will present since President John will no longer be on the ballot paper.
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Boss Of The Week
Emeka Anyaoku: When a Global Statesman Turns 93
Published
1 week agoon
January 25, 2026By
Eric
By Eric Elezuo
With each passing day, week, and year, global diplomatic icon, Chief Emeka Anyaoku, continues to grow in bounds, and wow the world with his touch of class and excellence. At a glorious 93 years, the stateman of international repute is not slowing down anytime soon if his current zeal, carriage and abundant reservoir of wealth of experience is anything to go by.
According to a classmate and contemporary of the revered nonagerian, Mr. S. I. Metu, “from all we now know of Mr. Anyaoku, it is obvious that he was destined to be a diplomat, because he had all the makings – intelligence, friendliness, the ability to get things without offending anybody.
It is worth knowing that among the world’s very and highly respected diplomats is Nigeria’s diploma extraordinaire, Chief Anyaoku. His larger than life figure is further buttressed as he slides three more years into the nonagerian cadre. The world therefore, raises a toast to an accomplished and dedicated international figure as he celebrates 93 years of continuous impact in world diplomacy, politics and humanitarian endeavours.
Chief Anyaoku, before, during and after his glorious days with the Commonwealth of Nations as its Executive Secretary, has remained in the forefront of policy makers, image changers and global builders, and he is a few of these calibre of men, who do not have any kind of scandal trailing them. He qualifies as an enigma, and served as the third Commonwealth Secretary-General.

With his signature red cap, a white collar-like attire round his neck, supporting every apparel he wears, Anyaoku is very visible in every gathering and occasion.
A multiple awards and honours winner, including the prestigious GCON, GCVO, CFR, CON, Anyaoku was born Eleazar Chukwuemeka Anyaoku, of Igbo parents and heritage, Emmanuel and Cecilia Anyaoku, on January 18, 1933, in Obosi, in the present day Anambra State. He was educated at Merchants of Light School, Oba, and attended the University College of Ibadan, then a college of the University of London, from where he obtained an honours degree in Classics as a College Scholar. Aside from his international career, Anyaoku finds ample time to fulfill the duties of his office as Ichie Adazie of Obosi, traditional Ndichie chieftainship. He is the first of his mother’s children, and had five other siblings.

After his secondary education, Anyaoku in 1952 proceeded to teach at Emmanuel College, Owerri in the then Eastern Region, he was there until mid-1954 lecturing in mathematics, Latin and English. He was reputedly an assiduous young teacher, meticulous in preparing his lesson notes. He gave back to his students the best of what he had learned at MOLS while injecting humor into his teachings.

One of his teachers at MOLS had kindled in him an interest in the Classics. His Latin teacher had inspired in him a love for the languages, laws and culture of the ancient Greeks and Romans, and the classical roots of the English language. Anyaoku then decided to go and study Classics at the new University College of Ibadan, the premier higher institution of its kind in the country, which had been instituted in 1948 as an overseas college of the University of London.
During the mid-1950s when Anyaoku was an undergraduate at the University College, Ibadan, the Nigerian nation was embroiled in debates, discussions and demonstrations on the political future of the country. There were controversies on when Nigeria should gain independence from Britain and with what political structure it should seek independence whether as a unitary or federal state. The city of Ibadan was one of the main epicenters of these debates. And the University College, which had brought together brilliant students, lecturers and politicians from diverse parts of the country, became a centre of what was then described as national radicalism.

Catriona Laing, Chief Emeka Anyaoku & Laure Beaufils
Anyaoku was in the thick of this as a student union leader. He along with like-minds in the union leadership campaigned in favour of unitary state, against federalism. They sent petitions and delegations to the three foremost political leaders in the country then, Dr. Nnamdi Azikiwe in the Eastern region of the country, Chief Obafemi Awolowo in the Western, and Sardauna of Sokoto, Sir Ahmadu Bello in the Northern region.
Anyaoku in 1959 obtained a London University Honours Degree in classics as a college scholar and joined the Commonwealth Development Corporation (CDC) in Lagos. The corporation sent him as an Executive Trainee to the CDC headquarters in London from where he went on a course at the Royal Institute for Public Administration in London. On 1 October 1960, Nigeria was granted independence by Britain. And Anyaoku was posted back to the CDC West Africa regional office in Lagos at the end of December 1960.

At the Commonwealth Heads of Government Meeting at Kuala Lumpur on 24 October 1989, Anyaoku was elected the third Commonwealth Secretary-General. He was re-elected at the 1993 CHOGM in Limassol for a second five-year term, beginning on 1 April 1995.
Recall that in 1998, the former President of South Africa, Nelson Mandela, in recognition of Chief Emeka Anyaoku’s antecedents concerning South Africa, and the manner in which he had championed the cause of the progressive movements around the world, afforded him the rare honour of addressing a joint sitting of the South African National Assembly. Also, former President Nelson Mandela wrote the foreword to Chief Chukwuemeka Anyaoku’s book, Eye of Fire.
Chief Emeka Anyaoku has lived, and continue to up to expectations, and merit the positive tags that trail him the world over.
Yes, when a global of Anyaoku’s magnitude turns 93, the international community rumbles in absolute cheers.
We wish the seasoned diplomat a glorious 93rd birthday, and many more years to follow, looking magnificently young in health and wealth.
Congratulations sir!
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Boss Of The Week
Meet Fidelity Bank’s New Board Chair, Amaka Onwughalu
Published
4 weeks agoon
January 6, 2026By
Eric
By Eric Elezuo
For her dexterity, hard work, commitment, achievement and integrity, excellent banker and entrepreneur, Mrs Amaka Onwughalu, has the nod of the Fidelity Bank’s family to take up the chairmanship position of its board as Mustafa Chike-Obi completes his tenure.
In a statement announcing her appointment, the Bank posted on its website as follows:
Tier one lender, Fidelity Bank Plc, has announced the completion of the tenure of Mr. Mustafa Chike-Obi as Chairman of its Board of Directors effective December 31, 2025, and the appointment of Mrs. Amaka Onwughalu as the new Chairman of the Board, effective January 1, 2026.
The board transitions are in alignment with the Bank’s policy and have been communicated to the Central Bank of Nigeria, the Nigerian Exchange Group, and other stakeholders.
Under Mr. Chike-Obi’s leadership, Fidelity Bank repaid its Eurobond, completed the first tranche of its public offer and rights issue that were oversubscribed by 237 percent and 137.73 percent respectively, expanded internationally to the United Kingdom, and received improved ratings from various agencies amongst a long list of achievements. His tenure also saw the Bank strengthen its capital position, record steady growth in customer deposits and total assets, deepen its digital banking capabilities, and enhance its corporate and investment banking proposition. The bank equally made notable progress in governance, risk management, and operational efficiency, all of which contributed to strengthened market confidence and the Bank’s sustained upward performance trajectory.
Reflecting on his tenure, Mr. Mustafa Chike-Obi said, “It has been a privilege to serve as Chairman of Fidelity Bank. The dedication of our Board, management, and staff has enabled us to reach significant milestones. I am confident that the Bank will continue to thrive and deliver value to all stakeholders.”
Mrs. Amaka Onwughalu’s appointment marks a new chapter for Fidelity Bank. She joined the Board in December 2020 and has chaired key committees. With over 30 years of banking experience, including executive roles at Mainstreet Bank Limited and Skye Bank Plc. She holds degrees in Economics, Corporate Governance, and Business Administration, and has attended executive programmes at global institutions. Mrs. Onwughalu is a Fellow of several professional bodies and has received awards for accountability and financial management.
“I am honoured to lead the Board of Fidelity Bank at this exciting time. Our recent achievements have set a strong foundation for continued growth. I look forward to working with my colleagues to drive our strategy and deliver sustainable value,” commented Mrs. Onwughalu.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.
Before landing the chairmanship job at Fidelity Bank Board, Amaka has been the Managing Director of Legal at Mainstreet Bank, and Deputy Managing Director at Skye Bank.
Onwughalu joined Fidelity Bank Plc in 2020, and has served as a Director at of Bank Plc.
The accomplished banker holder of the prestigious of Paul Harris Fellowship of the Rotary Club, and recipient of various prestigious awards including the National Merit Award for Accountability and Transparency, the Award of Excellence and Distinction for Financial Management and the Vocational Service Award from the Rotary Club, Enugu.
Well read, Amaka Onwughalu is a Master Degree holder of Science in Corporate Governance from Leeds Metropolitan University and a Master of Business Administration from University of Port Harcourt, Nigeria.
Onwughalu boasts of a cumulative three decades experience in the banking, and has held very senior and managerial positions before climaxing on the top level of chairmanship of Fidelity Bank.
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