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Ernest Ebi, former CBN Deputy Governor is now Fidelity Bank new chairman

The Board of Directors of Fidelity Bank Plc, a tier -2 lender in Nigeria has announced the appointment of a former bank regulator as his new chairman designate.

Ernest Ebi, an erstwhile Deputy Governor at Nigeria’s Central Bank has replaced Dr. Christopher Ezeh who served as chairman for 11 years at the bank.

Ebi was Deputy Governor in charge of Policy and Corporate Services at the CBN for 10 years before he retired.

He is also a Non Executive Director at Fidelity Bank, managed at least three banks as Managing Director/CEO before he was called to serve at the regulatory level

 This is following the retirement of Fidelity Bank Plc Chairman, Chief (Dr.) Christopher Ezeh, who, after over 11 years of meritorious service, had attained the retirement age for Non-Executive Directors, in line with the bank’s policy.

Mr Ebi on the other hand was the former CBN Deputy Governor, (Policy and Corporate Services), between 1999-2009.

He was also the Managing Director and Chief Operating Officer at Diamond Bank (1998) and served as Chief Executive Officer of the defunct New Nigeria Bank Plc.

With his wealth of corporate experience, Mr Ebi joins the Board of Fidelity Bank as the eighth Chairman since the company began its operations in 1988.

The Board also approved the appointment of Mr Charles Chidebe Umolu and Mr Kings Akuma as Non-Executive Directors of the bank.

The appointments are however subject to the approval of the Central Bank of Nigeria (CBN).

About Younews Ng

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