New group managing director of Fidelity Bank, Nnamdi Okonkwo, has assured investors that the bank would sustain the culture of steady payment of dividend despite the challenges in the financial system.
Nwankwo, who gave this assurance in Lagos during the bank’s valedictory and welcome dinner said that the bank has constantly paid dividend in the past eight years.
He said that the new management of Fidelity Bank do not intend to discontinue with that culture, instead their vision is to make sure that shareholders will not only get dividend but to receive something higher than what they have been paid in the past years.
He promised to consolidate on the achievements of his predecessor and take the bank to a higher level. “We will continue with our CSR project, diversify it more to reach all states of the federation. The Fidelity helping hands project is something that is very dear to us. So apart from the bank doing project, our staff voluntarily taking on projects and the bank matches on the funds they have contributed to continue to help the less privilege in the society,” he added.
The outgoing group managing director, Reginald Ihejiahi, who described the incoming CEO as a superior banker, urged him to continue with the tradition of the bank.
“Fidelity Bank had grown a culture of excellence; our objective is to continue with that line. Our customers are our core responsibility; we want to make sure that we provide for customers. We want to make sure all our stakeholders, our shareholders, the staff and everybody is happy. We want to ensure that our products are appreciated wherever they are,” he added.
He said that the bank has the good luck that first Managing Director has been committed to the bank, the second one have been committed to the bank, and the new one will follow in the tradition and this according to him would help to lift the bank to higher level.
