Personality in Focus
Nneka Onyeali-Ikpe: Undisputed Amazon of Banking
By Eric Elezuo
The reward for hardwork has always been hardwork, and so it was when the Fidelity Bank group rewarded its indefatigable Group Managing Director and Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, with an extension of her employment contract. 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.
Born on July 28, 1964, and on the verge of hitting the diamond age, 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.
It was not surprising therefore that Fidelity Bank Plc has announced its decision after a thorough Board of Directors’ meeting to extend the employment contract of the ebullient achiever from 2024 to 2026.
The announcement, which was taken on February 12, 2024, and contained in the company’s notice to the Nigerian Exchange Limited (NGX), and signed by Ezinwa Unuigboje, the Company Secretary noted that the extension is in furtherance of the Bank’s strategic objectives and premised on Dr. Nneka Onyeali-Ikpe’s sterling performance since the assumption of office on January 1, 2021.
The statement reads:
“Fidelity Bank Plc (the Bank) is pleased to announce its Board of Directors’ decision to extend the employment contract of its GMD/CEO, Dr. Nneka Onyeali-Ikpe, from 2024 to 2026.
“The decision was taken at the Board meeting on February 12, 2024. The extension is in furtherance of the Bank’s strategic objectives and premised on Dr. Nneka Onyeali-Ikpe’s sterling performance since assumption of office on January 1, 2021,”
The Board 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.
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 good, 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 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.
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 with allowing any to suffer.
Former Director General of the National Council for Arts and Culture (NCAC) and the Nigerian Tourism Development Authority (NTDA), Otunba Segun Runsewe, has bagged the award of Pillar of Nigerian Culture and Tourism.
The award was conferred on him by the Association of Nigerian Journalists and Writers of Tourism (ANJET), the umbrella body for Nigerian travel press, on Thursday, October 23 at a colourful ceremony held at the prestigious Sheraton Lagos Hotel and Towers.
He was among some distinguished Nigerians from public and private sectors, including the former Nigerian Minister of Tourism and Culture, Ambassador Frank Ogbuewu, who were honoured for their contributions to the growth and development of Nigerian tourism.
Other distinguished Nigerians conferred with awards were: Otunba Wanle Akinboboye (Foremost National Tourism Builder and Creative Mind), Mr. Jemi Alade (National Trailblazer in Inbound Tour Operation) Engineer Tarzan Ganiyu Shekoni Balogun (National Icon in Tourist Boat Operations and Water Transportation), Mr. Nkereuwem Onung (Icon of Consistency and Resilience in National Tourism Leadership), and Chief Abimbola Bode-Thomas (Hospitality and Tourism Management Amazon).
Speaking on the award conferred on Runsewe and the other awardees, the President of ANJET Mr. Okorie Uguru said the awards aim to promote the culture of service to the people, and also showing appreciation to those who have served the nation with distinction while holding public office.
He said: “It is not about celebrating those who are serving the country now, but showing appreciation to those who have served in the past, to challenge current political office holders to put in their best.
“The individuals and distinguished Nigerians we are honouring are among the people that built the visibility and growth the tourism industry is enjoying today… They have contributed, and are still contributing to the sector.
“As holders of institutional memories and archivists of this industry, we know the roles they have played and are still playing in the development of the Nigerian tourism industry. That is why years after some of our awardees have left public offices, we still call them to bestow this honours.”
While receiving the award, Runsewe lamented the inability of Nigeria to take tourism seriously. He said: “I stopped talking for some time because there are too many talks in tourism, there is no action. We come; we speak big English and go back. Today, I am going to reveal two or three things. The last time I came out was to speak to the new executives of the Federation of Tourism Associations of Nigeria (FTAN). For me, I am almost tired of talking, because there is no action.
“Let me first of all thank Ambassador Ogbuewu today. He said he does not want to come, so I urged him to come. It is only the living that can be celebrated. Let us thank God that during our lifetime, we are being celebrated. It is not everybody that has that opportunity.
“I can stand anywhere and talk about this industry. I do not need a book.
“Ambassador Ogbuewu you would recollect that President Obasanjo took your very good self, led a delegation to Trinidad and Tobago. That was the day Obasanjo made a statement, he said ‘I going to stand on the existing protocol’. That was the first time they heard that English. The then president of Trinidad asked, ‘what is he talking about.’ That is a tourism brand.
“People do not understand tourism yet. People think it is only about moving from one place to the other. No. Let me reveal a few things: how many of us know the late Pastor T.B. Joshua. T.B. Joshua was selling religious tourism and nobody keyed into it? When T. B. Joshua was having his conference in Nigeria, there were over 20 private jets parked at the airport. I, maybe you did not know before today, I normally go to the airport to list how many countries they come from. I have my data. There is religious tourism in Nigeria. We have not tapped into it. We see them as pastors. Yes, pastors doing their job, but there is tourism content in what they are doing.
“If this country manages tourism well, we should not have a single child looking for a job. After agriculture, tourism is the biggest employer of labour, but we are still playing games, we are still telling ourselves stories.”
He thanked ANJET for the award and encouraged them to continue with the good work in the industry.
Personality in Focus
NAOSNP Security Week: Gaidam Reiterates Govt’s Commitment to Data-Driven Policing
The Minister of Police Affairs, Senator Ibrahim Gaidam, has reaffirmed the Federal Government’s commitment to repositioning the Nigeria Police Force through data-driven strategies, inter-agency synergy, and international cooperation towards building a safer, stronger Nigeria.
He stated this during the 2025 National Security Conference and Awards organised by the National Association of Online Security News Publishers (NAOSNP), with the theme, Securing and Safeguarding Nigeria’s Economic Resources: A Call to Serve, held at the Oriental Hotel, Victoria Island, Lagos.
In his keynote address presented by the Deputy Director (Information and Public Relations Unit), Mr. Bolaji Oladimeji Kazeem, the Minister stated that the Federal Government, through the Ministry, has started realizing key initiatives such as the National Criminal Data Fusion Centre (NCDFC), Nigeria Police Crime and Incident Database, Community Policing, transparent recruitment of an additional 30,000 Police Officers, and technological advancements to enhance the operational efficiency of the Nigeria Police Force for bolstering national security.
The Minister said as a major milestone in intelligence-led policing, the National Criminal Data Fusion Centre (NCDFC), provides a centralized platform for law enforcement agencies to pool, analyse, and disseminate criminal data, thereby enhancing internal operations and collaboration with international partners.
He noted that the upgraded Nigeria Police Crime and Incident Database Centre (NPCIDB) has enabled the Police to document criminals’ data through biometrics from Divisional Police Stations across the country, and digitally forwarded to the NPCIDB located in the National Criminal Data Fusion Centre.
He reiterated the good working relationship among security agencies to curb illegal mining, through collaboration of the Nigeria Police Force, the Armed Forces, and Nigerian Security and Civil Defence Corps (NSCDC)’s Mining Marshals.
“Security is the foundation upon which all human endeavours are built. It requires inclusiveness, people-centric approaches, and collective efforts to ensure peace, safety, and prosperity. These vital institutional allies are in the national effort to combat illegal mining and restore order in Nigeria’s solid minerals sector, and curb the activities of bandits, criminals, kidnappers, and terrorists,” the Minister hinted.
Gaidam urged all citizens, stakeholders, and media to join hands in supporting the Nigeria Police Force. “We require collective investment in technology, logistics, welfare, and equipment to enhance security. I propose that we procure High-Resolution Drone Surveillance for police commands across the country”. He stressed.
Earlier, the Chief of Defence, General Christopher Musa, represented by the Commandant, Armed Forces Resettlement Centre, Air Vice Marshal Bashir Rimi Maman, posited that security is the foundation for economic success. When people feel safe, businesses grow, farmers plant with confidence, and investors take bold steps.
He said Nigeria recently increased its crude oil production to over 1.5 million barrels per day, but vandalism and illegal activities still threaten this progress.
“We must therefore protect what we have built so that our natural wealth becomes prosperity for every Nigerian, not just a few,” the CDS cautioned.
According to him, “beyond military action, we must focus more on the non-kinetic side of national security, which accounts for nearly 70 percent of the work. This includes good governance, infrastructure, power, communication, and social development.”
Senator Ibrahim Gaidam was afterwards honoured with the award of Excellence as the National Association of Online News Publishers (NAOSNP) Iconic Man of the Year.
TMnews, at its 2025 Summit and Awards, has honoured the Chairman and Group Managing Director of Adron Group, Aare Adetola EmmanuelKing, with a prestigious Award of Recognition for his exceptional leadership and unwavering commitment to empowering Nigerians through affordable housing and community development.
The event, themed “Securing the Future: A Collaborative Approach to Community Safety,” brought together top government officials, security chiefs, corporate leaders, and humanitarian advocates to engage in constructive dialogue on national security, community partnership, and sustainable development.
In his message of appreciation, Aare EmmanuelKing expressed heartfelt gratitude to TMnews Magazine for the recognition, describing it as a humbling honour that reinforces his commitment to nation-building through affordable housing, community empowerment, and corporate social responsibility.
“I am deeply honoured by this recognition from TMnews. It is a testament to the collective effort of the Adron Group family, whose passion and dedication continue to drive our mission of making quality housing accessible to all Nigerians. This award is not just for me, it is for every hardworking Nigerian who believes in the dream of a better, safer, and more prosperous nation,” Aare EmmanuelKing stated.
He further commended the organisers of the summit for their consistency in promoting dialogue and collaboration among key stakeholders in governance, business, and community development, adding that such platforms are essential to building a secure and progressive society.
The Publisher and CEO of TMnews Magazine, Temidayo Babalola, lauded Aare EmmanuelKing for his visionary leadership and transformative role in Nigeria’s real estate sector, describing him as a beacon of innovation and a passionate advocate for sustainable community growth.
The summit also featured the TMnews Humanitarian Awards, where 24 distinguished individuals and organisations were celebrated for their exceptional service to humanity, corporate responsibility, and community impact.
