Fidelity Bank Plc has promoted 433 employees under its 2026 Promotion and Notch Award Exercise, representing about 13 per cent of the bank’s workforce.
The latest exercise marks an increase in the proportion of employees promoted compared with previous years. In 2025, 376 employees, representing 12 per cent of the workforce, were promoted, while 337 employees, or 11 per cent, benefited from the exercise in 2024.
The bank said the annual promotion exercise is part of its strategy to recognise employee contributions, reward outstanding performance and strengthen its leadership pipeline.
Since Nneka Onyeali Ikpe assumed office as Managing Director and Chief Executive Officer, Fidelity Bank has continued to conduct annual promotion exercises aimed at recognising staff performance and preparing employees for increased responsibilities.
Beyond promotions, the bank said it has continued to invest in employee welfare, productivity and professional development.
According to the bank, salaries across all categories and grade levels were increased in 2022, 2024 and 2025. It also introduced staff buses to ease commuting, enhanced medical support and expanded learning and development programmes.
Fidelity Bank also extended its mortgage loan and home ownership scheme to employees from Assistant Banking Executive to Deputy Manager cadres, while increasing applicable mortgage limits for qualified staff in line with prevailing market realities.
The bank said the initiative makes it one of the institutions providing mortgage support to employees below the Manager cadre.
Other employee-focused initiatives include programmes designed to promote engagement, collaboration, work-life balance, professional certification and continuous upskilling.
The bank said these measures form part of its broader people strategy to attract, develop, reward and retain talent, while building a motivated and future-ready workforce.
The promotion exercise recognises attributes including discipline, professionalism, innovation, customer focus and sustained performance, according to the bank.
Fidelity Bank Plc is a full-fledged commercial deposit money bank serving more than 10 million customers through digital banking channels, 255 business offices in Nigeria and its United Kingdom subsidiary, FidBank UK Limited.
The bank has received several local and international recognitions, including the 2025 Development Bank of Nigeria Innovation Award for MSME support, Best Retail and SME Bank Award from Independent Newspapers, Best Bank for Export & Trade Finance and Most Innovative Bank of the Year at the 2025 BusinessDay Banks and Financial Institutions Awards.
It also received Nigeria’s Best Private Bank award at the 2025 Euromoney Awards, the inaugural Most Improved Commercial Bank of the Year award by Nairametrics, SME Bank of the Year by NewsDirect and the Straight-Through Processing Excellence Award by Citi Group.
The bank has also been recognised by Global Brands Magazine for Excellence in Community Empowerment.
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