The Board of Directors of Fidelity Bank Plc, on October 21, 2013 met to approve a successor to the incumbent Managing Director/Chief Executive Officer Mr. Reginald Ihejiahi who will serve out his 10-year maximum term by February 2014. He is Mr. Nnamdi Okonkwo, who is currently an Executive Director in charge of the South Directorate of the bank. Upon confirmation by the regulators, Okonkwo's appointment will take effect from February 2014.