Fidelity Bank promotes 13% of its workforce

Fidelity Bank Plc has announced the promotion of 433 employees as part of its 2026 Promotion and Notch Award Exercise. This represents approximately 13 per cent of the bank’s total workforce, marking a steady increase from the 12 per cent and 11 per cent promotion rates recorded in 2025 and 2024, respectively.

Under the leadership of Managing Director and CEO Nneka Onyeali Ikpe, the bank has implemented various employee welfare initiatives. These include salary increases across all grade levels in 2022, 2024, and 2025, as well as the provision of staff buses, enhanced medical support, and expanded professional development programmes.

Additionally, the bank has extended its mortgage loan and home ownership schemes to staff ranging from Assistant Banking Executive to Deputy Manager, while increasing mortgage limits to reflect current market conditions.