Fidelity Bank Plc has named Mohammed Lawal Balarabe, the Executive Director (North), as the acting Managing Director “subject to regulatory approval”.
The announcement was made on Monday evening by the board of directors following the arrest and detention of Nnamdi Okonkwo, the MD, by the Economic and Financial Crimes Commission (EFCC) in relation to allegations of bribery of electoral officials in the 2015 general election.
He holds a bachelor of arts in accounting and finance from Nottingham Trent University (1986) and master of science in finance from the University of Lagos (1995).
Source: Boomberg
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