Fidelity Bank Plc announced the impending retirement of three of its Executive Directors namely Onome Olaolu, Executive Director, Risk; John Obi, Executive Director, Corporate; and IK Mbagwu, Director, Lagos and South West. According to the bank, Onome Olaolu and John Obi will retire on June 30, 2015 while Ik Mbagwu has indicated his intention to proceed on early retirement with effect from July 31, 2015. The retirements are in accordance with the Bank's Human Capital Policy and predicated on attainment of retirement age by the said Executive Directors.

The retirements have been approved by the Board of Directors.