Fidelity appoints Agbapu to its board as non-executive director

Fidelity Bank Plc has announced the appointment of Chidozie Bethram Agbapu, as a non-executive director of the bank, following the retirement of Robert Nnana-Kalu,

The bank made this known to the investing public via a notice to the Nigerian Stock Exchange, stating that the appointment took effect from September 4, 2018 upon the completion of Nnana-Kalu’s tenure in line with the bank’s policy.

Prior to the appointment, Agbapu was the chairman of the statutory audit committee of the bank and currently serves on the boards of various companies including Coral Properties Limited (a subsidiary of the Nigerian Stock Exchange), MTI Nigeria Plc and MTI Limited, Accra, Ghana.

He also served as a director of Bendel Feeds and Flour Mills Limited and Central Securities Clearing System (CSCS) Limited for seven years and is currently a member of the National Council of The Nigerian Stock Exchange, where he also serves on the disciplinary, audit & risk, and rules & adjudication committees.

Chidozie Agbapu holds a B.Sc. in economics from the University of Nigeria, Nsukka and a masters in banking and finance from the University of Lagos. He is an alumnus of the Lagos Business School, and also a fellow of the Chartered Institute of Stockbrokers with extensive experience in capital market operations spanning over thirty years.

He has attended several courses on Governance, Leadership and Strategy at Wharton School of Pennsylvania and the stock exchanges of Thailand, New York and Kuwait.

Agbapu has served as chief dealer/analyst in various capital market firms, including Equator Finance & Securities Limited and Prominent Securities Limited.

He is currently the CO-CEO/managing director of Planet Capital Limited, a product of a merger between Strategy & Arbitrage Limited and Emerging Capital Limited, both being members of The Nigerian Stock Exchange (NSE).