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Home News National

Mustafa Chike-Obi: The man with the midas touch

by Elizabeth Odonkor
March 14, 2024
in National
Mustafa Chike-Obi: The boardroom guru blazing the trail at Fidelity Bank

Mustapha Chike-Obi

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Mustafa Chike-Obi, the chairman of Fidelity Bank Plc, one of the leading financial service providers in Nigeria, no doubt, is an embodiment of vision, hard work, and commitment to excellence.

His accomplishments in the financial sector and philanthropy have earned him a place of respect and influence in Nigerian society.

More than anything else, Mr. Chike-Obi, who also sits on the board of Alpha African Advisory as the company’s executive vice chairman, not only teaches the qualities which every director must possess to perform optimally in the boardroom, he has brought his considerable experience in corporate governance to bear on the fortunes of the companies where he serves as the chairman.

The phenomenal growth of Fidelity Bank Plc in recent years is a testament to this.

A complete gentleman, Chike-Obi carries himself with grace and class. He is humble, empathetic and approachable. He is a professional to the core, with such dogged pursuit of professional excellence.

The super achiever has over 41 years of experience in investment banking and the financial services sector, working with reputable global investment banking and asset management firms. He provides overall leadership at Alpha African Advisory and has direct oversight of the capital raising division.

Prior to joining Alpha African Advisory, Chike-Obi was the inaugural Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), a Federal Government backed institution, established to resolve the problem of non-performing loan assets of Nigerian banks after the 2008 global financial crisis.

He started his Nigerian Banking career with Chase Merchant Bank from 1980 – 1982 as Head of Treasury Department and was Founding President at Madison Advisors, a financial services advisory and consulting firm in New Jersey, specializing in hedge funds and private equity investment advice.

He also served as Managing Director, Fixed Income at Shoreline Group and held senior positions at Goldman Sachs, Bear Stearns and Guggenheim Partners in the United States amongst others, where he acquired a broad knowledge base in capital market operations in mature and emerging markets, including the development and marketing of fixed income securities products to institutional investors.

His vast experience includes serving as Chairman of the Public Securities Association Trading Practice Committee of the National Association of Securities Dealers overseeing mortgage-backed securities.

Mustafa was educated at the University of Lagos and Stanford University School of Business where he obtained a bachelor’s degree in mathematics (First Class Honors) and a Master’s in Business Administration (MBA) respectively. In 2022, he was invested as a distinguished Honorary Fellow of The Chartered Institute of Bankers of Nigeria (CIBN).

In August 2020, he was appointed as Special Envoy of Nigeria to the United States of America on a special mission on behalf of the Federal Government of Nigeria and currently serves as Chairman of the Bank Directors Association of Nigeria (BDAN) and Chairman of Anambra State Investment Promotion and Protection Agency (ANSIPPA).

Mustafa Chike-Obi joined the Board of Fidelity Bank Plc in August 2020 as Chairman of the Board of Directors. Under his leadership, the bank has been positively transformed into one of Nigeria’s leading financial institutions and expanded into the United Kingdom.

Tags: Fidelity Bank PlcMustafa Chike-Obi

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