Fidelity Bank Plc has announced the exit of Independent Non-Executive Director Morohunke Bammeke, marking the end of her tenure on the bank’s board effective April 30, 2026.
The financial institution confirmed the development in an official statement signed by its Company Secretary, noting that the departure aligns with its corporate governance framework and board tenure policy, which governs orderly rotation and leadership continuity at board level.
Brandspur Banking News Desk understands that during her tenure, Bammeke played an active role in strengthening governance structures within Fidelity Bank, particularly through her participation in key board committees responsible for audit oversight and technology strategy.
She served on the Board Audit Committee, where she contributed to financial control mechanisms, compliance monitoring and risk governance. In addition, she chaired the Board Information Technology Committee, where she was involved in guiding digital transformation initiatives, system upgrades and innovation-focused decision-making within the bank.
Beyond committee work, the bank acknowledged her broader contributions to strategic discussions that supported institutional growth and operational efficiency during a period of increased digital adoption across Nigeria’s banking sector.
Prior to her exit, Bammeke joined the Fidelity Bank board in November 2021, bringing with her over three decades of professional experience spanning banking operations, information technology, corporate finance and internal audit functions.
Her career includes senior leadership roles across several financial institutions. She previously served as Managing Director of Guaranty Trust Bank UK Limited, where she oversaw international banking operations. She also held the position of Managing Director at Pensions Alliance Limited and served as an Independent Non-Executive Director at Palton Morgan Holdings Limited.
Earlier in her career, she occupied senior roles at Guaranty Trust Bank and First Bank of Nigeria, building a multidisciplinary background in financial services and corporate governance.
Academically, Bammeke holds a First Class degree in Computer Science with Economics from Obafemi Awolowo University, alongside a Master’s degree in Management from London Business School. She also received international recognition as a Sloan Research Fellow and Chevening Scholar, reflecting a strong global academic and professional profile.
Fidelity Bank stated that her departure reflects its structured governance practices and commitment to board renewal, while also recognising her contributions to strengthening oversight functions and supporting strategic transformation initiatives during her tenure.
The bank added that her exit underscores the importance of leadership rotation in sustaining institutional resilience, continuity and long-term corporate governance standards within Nigeria’s financial services industry.
