Fidelity Bank Plc has promoted 433 employees under its 2026 Promotion and Notch Award Exercise, representing approximately 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 2024 exercise.
The bank said the annual promotion exercise reflects its commitment to recognising excellence, rewarding strong performance and strengthening a performance-driven culture across the organisation.
Since Nneka Onyeali Ikpe assumed office as Managing Director and Chief Executive Officer, Fidelity Bank has continued to implement annual promotion exercises aimed at recognising employee contributions, developing institutional capabilities and building a strong leadership pipeline.
Beyond career progression, the bank has also continued to invest in employee welfare and workplace development. Fidelity Bank increased salaries across all categories and grade levels in 2022, 2024 and 2025, while introducing staff buses to ease commuting and enhancing medical support and learning and development programmes.
The bank also expanded its mortgage loan and home ownership scheme to employees from Assistant Banking Executive to Deputy Manager cadres, while increasing applicable mortgage limits for qualified employees in line with current market realities.
According to the bank, the initiative makes Fidelity Bank one of the institutions providing mortgage support to employees below the Manager cadre.
Other employee-focused initiatives include professional certification, continuous upskilling, staff engagement, collaboration and work-life balance programmes.
The bank said these measures are part of its broader strategy to attract, develop, reward and retain talent while preparing employees for greater responsibilities.
Fidelity Bank 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, and awards for 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 at the 2025 Euromoney Awards, alongside other industry recognitions for innovation, SME banking, community empowerment and payment processing.
