Fidelity Bank Plc has announced the appointment of veteran banker Jonathan Oniovosa Ososuakpor as a Non-Executive Director of the bank.
The appointment was disclosed in a statement signed by the bank’s Company Secretary, Ezinwa Unuigboje, and seen by Naijaonpoint.
The appointment took effect from May 22, 2026, following regulatory approval by the Central Bank of Nigeria.
Fidelity Bank stated that the appointment had received the approval of the apex bank, while notifications had also been sent to other regulatory agencies.
The bank added that it looks forward to working closely with Dr. Ososuakpor in advancing its strategic objectives and long-term growth plans.
Dr. Ososuakpor joins the board with more than 40 years of experience in the financial services sector, spanning credit and marketing, retail banking, consumer and commercial banking, public sector banking, operations, and risk management.
Beyond banking, Dr. Ososuakpor has held several leadership and board positions across the financial and corporate sectors.
He previously served as Chairman of Universal Finance Consult & Investment Limited between 2007 and 2017, and later chaired V-Capital Consulting Limited from 2015 to 2025.
He currently chairs the board of Top Rank Oil Services Limited, an engineering services company operating in Nigeria’s oil and gas sector as well as public and private industries.
Dr. Ososuakpor holds a Bachelor’s degree and a Master’s degree in Banking and Finance from the University of Benin.
The bank noted that Dr. Ososuakpor is a Certified Expert in Risk Management and has participated in leadership and executive development programmes at institutions including the London Business School and the United Nations Institute for Training and Research.
His professional interests include risk management, data analytics, macroeconomics, financial inclusion, and corporate governance.
The appointment comes shortly after Fidelity Bank Plc released its audited group financial results for the year ended December 31, 2025.
The lender reported a profit before tax of N347.66 billion in 2025, compared to N385.22 billion recorded in 2024.
Despite the decline in profit before tax, the bank posted strong growth in core banking income lines, including interest income, fees and commissions, as well as foreign exchange revaluation gains.
Gross earnings rose to N1.52 trillion in 2025 from N1.04 trillion in the previous year, supported by higher income from loans, investment securities, and digital banking operations.
