Tue. Nov 26th, 2024
Fidelity Bank $500m Eurobond

By Dipo Olowookere

No fewer than 256 members of staff of Fidelity Bank Plc have been promoted by the financial institution.

According to the Managing Director/Chief Executive Officer of Fidelity Bank, Mr Nnamdi Okonkwo, this move was part of the bank’s institutionalised reward and recognition system.

The beneficiaries cut across the senior, middle and junior management cadre of the tier two lender and the promotion was based on merit, using a transparent and robust performance management system in line with global best practices.

“Nearly four years ago when we commenced this new growth phase, we promised to make reward for performance and career progression topmost priority and we have kept that promise without fail,” Mr Okonkwo commented.

He explained that Fidelity Bank maintains a highly competitive, professional and performance driven work place culture.

While congratulating the beneficiaries, the bank chief urged staff members to redouble their efforts towards achieving better financial results in 2017.

“Our aim is to remain an employer of first choice, and to achieve this we will continuously motivate our people,” Mr Okonkwo emphasised.

In 2015, Fidelity Bank was ranked among the list of best banks to work for in Nigeria, in a study conducted by Venture Africa, an online platform for news and analysis about African businesses, in conjunction with Jobberman.com, Nigeria’s employment website.

As a commercial bank operating in Nigeria with over 3.8 million customers who are serviced across its 240 business offices and various digital banking channels, the bank has also won accolades and recognition for excellence in its chosen market segments.

It won the Best Small Medium Enterprise (SME) Friendly bank, Best in Mobile Banking and the Most Improved Corporate/Investment Bank among several industry awards and recognition in recent times.

The bank was also ranked the fourth Best Bank in the Retail Banking Segment in the 2017 Banking Industry Satisfaction Survey conducted by KPMG.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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