Alhaji Mohammed Lawal Balarabe who served as adhoc Managing Director during the absence of Mr. Nnamdi Okonkwo, has been appointed Deputy Managing Director of Fidelity Bank .
The appointment, which is subject to regulatory approval, was announced over the weekend.
Lawal Balarabe is a knowledgeable banker and has over 24 years’ experience in corporate, commercial and retail banking.
He has served in various capacities in Nigeria’s financial services industry where he acquired strong strategic management, leadership and people skills.
Balarabe,” holds a Bachelor’s Degree in Accounting and Finance from Nottingham Trent University, United Kingdom (UK), as well as Master of Science (M.Sc.) in Finance from the University of Lagos (UNILAG).
He has attended several executive education programs at the Columbia University Business School, INSEAD; Said Business School, University of Oxford; and Kellogg School of Management, amongst others.
A licensed member of the Nigeria Stock Exchange (NSE) since 1992, Balarabe also served as Executive Director of Oceanic Bank Plc, pursuant to an appointment by the Central of Nigeria (CBN).
He was also a General Manager in United Bank for Africa (UBA) and had been the General Manager & Chief Executive of Newdevco Finance Services Company Limited before his appointment to the Board of Fidelity Bank in April 2012.” The Bank stated.
