### Fidelity Bank Transitions Leadership: Amaka Onwughalu Takes the Helm Fidelity Bank Plc has officially announced a significant leadership change within its Board of Directors. Following the completion of Mustafa Chike-Obi's tenure as Chairman, which ended on December 31, 2025, Mrs. Amaka Onwughalu has been appointed as the new Chairman, effective January 1, 2026. This transition is part of the bank's governance policy and has been communicated to the Central Bank of Nigeria and the Nigerian Exchange Group, ensuring a seamless leadership change that aligns with regulatory requirements [https://guardian.ng/business-services/onwughalu-replaces-chike-obi-as-fidelity-chairman, https://brandspurng.com/2026/01/05/fidelity-bank-appoints-amaka-onwughalu-as-board-chairman]. ### Overview of the Leadership Change at Fidelity Bank 1. **Completion of Tenure**: Mustafa Chike-Obi's term as Chairman concluded on December 31, 2025, marking the end of his leadership period. 2. **Appointment of New Chairman**: Amaka Onwughalu, previously a Non-Executive Director at Fidelity Bank, has been appointed as the new Chairman, effective January 1, 2026. 3. **Regulatory Notification**: The appointment has been formally notified to the Central Bank of Nigeria and the Nigerian Exchange Group, adhering to governance protocols. 4. **Significance of the Transition**: This leadership change is notable as it continues the trend of female leadership within the bank, following the earlier appointment of a female Managing Director in 2021 [https://wabusinessnewsng.com/fidelity-bank-appoints-amaka-onwughalu-new-board-chairman, https://politicaleconomistng.com/fidelity-bank-scores-brace-female-leadership-triggers-investors-excitement]. ### Supporting Evidence of Leadership Transition - **Tenure Completion**: Chike-Obi's tenure officially ended on December 31, 2025, as confirmed by multiple sources [https://independent.ng/fidelity-bank-appoints-onwughalu-chairman-following-completion-of-chike-obis-tenure, https://investorsking.com/2026/01/04/fidelity-bank-confirms-amaka-onwughalu-as-new-board-chairman]. - **New Appointment**: Onwughalu's appointment has been widely reported, emphasizing her previous role and the strategic importance of this transition for the bank [https://businesspost.ng/banking/amaka-onwughalu-replaces-chike-obi-as-fidelity-bank-chairman, https://theabujainquirer.com/2026/01/03/fidelity-bank-names-amaka-onwughalu-board-chair-as-chike-obi-exits]. - **Regulatory Compliance**: The bank's adherence to regulatory requirements has been highlighted, ensuring that all stakeholders are informed of the leadership change [https://naija247news.com/fidelity-bank-appoints-mrs-amaka-onwughalu-as-new-board-chairman, https://dmarketforces.com/fidelity-bank-names-amaka-onwughalu-as-new-chairman-to-lead-board]. ### Conclusion: A New Era for Fidelity Bank In summary, **Fidelity Bank Plc has successfully transitioned its leadership with the appointment of Amaka Onwughalu as the new Chairman, following the completion of Mustafa Chike-Obi's tenure**. This change not only reflects the bank's commitment to governance and regulatory compliance but also underscores its dedication to promoting female leadership within the financial sector. The following points encapsulate the key aspects of this transition: 1. **Leadership Change**: Onwughalu succeeds Chike-Obi, marking a new chapter for the bank. 2. **Regulatory Notification**: The transition has been communicated to relevant authorities, ensuring compliance. 3. **Female Leadership**: The appointment continues the trend of female representation in top management roles at Fidelity Bank. This strategic move is expected to bolster investor confidence and enhance the bank's governance framework as it navigates future challenges and opportunities in the banking sector [https://thecable.ng/fidelity-bank-appoints-amaka-onwughalu-as-board-chair, https://globalfinancialdigest.com/fidelity-bank-appoints-amaka-onwughalu-as-board-chair-as-chike-obis-tenure-ends].