Fidelity Bank has named, Pamela Shodipo, the managing director of the Benin Republic subsidiary of United Bank for Africa (UBA) between December 2021 and November 2022, as an executive director.
In a regulatory filing, the bank said Mrs Shodipo will head the South Directorate of the lender which, as part of the push to join the rank of Nigeria’s top banks by tier 1 capital, last August announced a pact to buy out rival Union Bank’s UK unit.
The appointment has the endorsement of the Central Bank of Nigeria, the bank said, adding that the Nigeria Deposit Insurance Corporation, the Securities and Exchange Commission and the Financial Reporting Council of Nigeria have been notified.
With a banking experience of more than a quarter of a century, Mrs Shodipo has worked in retail, corporate, commercial and public sectors, functioning in management roles within and outside Nigeria.
In furtherance of its strategic objectives, leading Nigerian bank, Fidelity Bank Plc, has announced the appointment of Mrs. Pamela Shodipo as Executive Director, South Directorate following regulatory approval by the Central Bank of Nigeria.
Pamela joins the Board of Fidelity Bank Plc with over 25 years multifunctional and cross-border banking experience at leading financial institutions covering general management and business origination in diverse segments including corporate, commercial, consumer, retail and public sector.
“We are pleased to have Pamela Shodipo join the Board of Fidelity Bank Plc. Her diverse experience across multiple functions in the banking industry is a welcome addition to the Board at this time. We are optimistic that she would play a key role in our quest to- deliver prompt, value-adding and financially empowering services to our growing customer base”, commented Mr. Mustafa Chike-Obi, Chairman, Board of Directors of Fidelity Bank Plc.
Pamela commenced her professional career at International Standard Insurance Limited in January 1991, from where she joined United Commercial Bank Limited (UCBL) in 1992 as a Customer Service Officer. In April 1997, Pamela joined Zenith Bank Plc where she worked until September 2007, rising to the position of Assistant General Manager, before joining United Bank for Africa Plc (UBA) as Regional Director in October 2007.
Pamela enjoyed an illustrious career at UBA and headed various Regional Banks. She was elevated to the position of General Manager in 2017 and had direct supervisory responsibility for up to 28 Branch Managers. Between October 2020 and November 2021, she was Directorate Head, Lagos 3/Public Sector, before her appointment as Managing Director/Chief Executive Officer of UBA Benin Republic, where she served from December 2021 to November 2022. Pamela was the Head of Personal Banking for the UBA Group overseeing Nigeria and Africa until her appointment to the Board of Fidelity Bank Plc.
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