At Fidelity Pension Managers Limited, the role of the Board of Directors is to oversee the management and governance of the Company, ensuring its prosperity by collectively directing its affairs to enable it meet the interests and expectations of all stakeholders. The Board has a mandate to establish policies for corporate management and make decisions on major Company issues.
The composition of the Board reflects the general requirements of Nigerian company, pension and business laws, including specific regulatory requirements for pension administrators, applicable corporate governance recommendations as well as internal standards. The Directors are therefore competent and experienced professionals in finance, investment, banking, marketing, audit, risk, management, funding and capital structure, information technology, stockbroking, media and communications, the academics and board relations. In addition, all the Directors of the Company are members of the Institute of Directors. Thus, the Directors’ diversity of experience, competencies and capabilities, strong personalities, integrity and reputation come to play in ensuring that the Board fulfils its objectives of constructive debate and effective decision making leading to the Company’s stability, growth and expansion.
Johnson Egu Chukwu is a Fellow of both the Chartered Institute of Accountants of Nigeria and Chartered Institute of Taxation of Nigeria. He holds a Bachelor’s degree in Accounting from the University of Lagos and a Masters in Business Administration from the Lagos Business School, Pan Atlantic University, Lagos.
He is the initiator/founder of Cowry Asset Management Limited. Prior to the establishment of Cowry Asset Management Limited, he had been actively involved in the Nigerian capital market and was instrumental to the establishment of one of the most vibrant capital market operators, Guardian Express Trust Limited (later Spring Capital, now Pan Africa Capital) – a subsidiary of Guardian Express Bank Plc, later Spring Bank Plc/Enterprise Bank Limited as the pioneer General Manager/Chief Executive Officer.
He is actively involved in capacity building and development by training financial industry professionals as a facilitator with the Institute of Chartered Accountants of Nigeria (ICAN), the Financial Institutions Training Centre (FITC) as well as international training platforms.
Aside from his position as the Chief Executive of Cowry Asset Management, He is the Chairman of Standard Alliance Insurance Plc, a high-profile insurance company quoted on the Nigerian Stock Exchange.
He was appointed to the Board of the Company in August 2017.
Donald Onuoha is a graduate of Chemical Engineering from the Institute of Management and Technology, Enugu. He also holds a Post Graduate Diploma in Business Administration and a Master’s Degree in Business Administration, both from the University of Uyo, Akwa Ibom State.
He started his professional career as a Business Development Manager with DubCom Limited in October 2004, from where he joined ARM Pension Managers (PFA) Limited in April 2006. He worked with ARM Pension Managers as a Team Lead and thereafter rose to the position of Regional Sales Manager East, a position he led up till September 2017. Donald then got an appointment with Pensions Alliance Limited (PAL Pensions) as Regional Manager, South-South in September 2017 and continued in that role until he joined Fidelity Pension Managers.
Arinze Eleazar Ononwu
Executive Director - Technical
Arinze Ononwu is a Professional Accountant with over two decades of financial industry experience covering finance, fund accounting, auditing, risk management, compliance, and portfolio management.
Over the last twenty years he has worked in various capacities with the Zenith Bank Group, Nigerian Independent Petroleum Company (NIPCO) Plc, Sigma Pensions Limited (now Access Pensions Limited), and Nigerian University Pension Management Company (NUPEMCO) Limited.
The last sixteen years have seen him handle various management roles in the pension industry, the most recent of which was as Head of Investment of NUPEMCO Limited where he helped grow the company’s Assets Under Management by over 50% in less than two years. Prior to joining NUPEMCO Limited, he was the Chief Compliance Officer of Sigma Pensions Limited.
Arinze’s other senior management roles include Head, Finance and Accounting and Head, Risk Management, both with Sigma Pensions Limited. Prior to joining Sigma Pensions, he was the Accountant and Fund Manager for Zenith Life Insurance Company Limited.
He is a graduate of Accountancy, a member of the Institute of Chartered Accountants of Nigeria, and an Alumni of Lagos Business School.
Joyce Adaora Obi has over twenty five (25) years banking experience spanning banking operations, commercial and retail banking, service management, human capital management and regulatory compliance risk management at notable banks in Nigeria.
She holds an LL.B. (Hons), BL, M.A, MBA from University of Benin, Nigerian Law School Victoria Island Lagos, University of Jos and Nnamdi Azikiwe University respectively, in addition to being an Alumni of Columbia Business School, New York, USA.
She has attended various executive trainings in different parts of the world such as High Impact leadership course in the United States, Executing Breakthrough Strategies at Colombia Business School, USA; Advance Program in Human Resources Management, University of California, Los Angeles (UCLA); Strategic Human Resources Planning, Ross School of Business, Michigan, USA; Technology Driven Services in the 21st Century & beyond, Lisbon, Portugal; Global Banking Trends, Mumbai, India; AML & Financial Crime Conference, Las Vegas, USA and others.
She was a General Manager and the Chief Compliance Officer of a Bank for over three years, a position she occupied with the approval of the Central Bank of Nigeria and honourably resigned from her appointment in Sept 2017
Non Executive Director
Professor Ifeoma Ulasi holds an MBBS from the College of Medicine, University of Nigeria; a Post Graduate Diploma in Sociology for the University of Nigeria, Nsukka; an M.Sc. in Clinical Research from the University of Liverpool, UK; a Cert. M.Sc. in Clinical Research from the University of Stellenbosch, South Africa and a Post Graduate Certificate in Renal Transportation from the University of Liverpool, UK.
Prior to her present positions, she was a Professor and Consultant Physician/Nephrologist at the Nnamdi Azikiwe University Teaching Hospital, and a Professor at the College of Medicine, Nnamdi Azikiwe University Teaching Hospital.
She has worked for well over 25 years as a physician and nephrologist, having also had previous stints at the University of Nigeria Teaching Hospital and the College of Medicine, University of Nigeria. She is one of the pioneers of nephrology practice in southeast Nigeria, contributing to three tertiary centres: University of Nigeria Teaching Hospital, Alex Ekwueme Federal Teaching Hospital, and the Nnamdi Azikiwe University Teaching Hospital.
She is currently the President of the Nigerian Association of Nephrology, and a member of several associations such as the Medical and Dental Association of Nigeria, the International Society of Hypertension, and the International Society of Nephrology.
She has authored or co-authorised over seventy publications and is involved in several collaborations such as the Nigeria Bone and Mineral Disease (BMD) Study Group, the Consolidated data on Cardio-metabolic Risk Screening in Nigeria Study group (CoCSiN), the Neurology Research Group, the Health Heredity and Environment Research Group and Hypertension Studies (Clinical trials and Genetics of hypertension). She has also guided over fifteen resident doctors through their dissertation for their Fellowship in both the West African College of Physicians and the Nigerian Post-graduate Medical College.
Non Executive Director
Sie Iyeneomi is a Petrochemical Engineering graduate with over 15 years working experience in banking and finance; focusing on credit and financial risk management. He worked in All States Trust Bank, Diamond Bank, and Oceanic Bank until 2010 when he resigned to start his own business.
He is currently the Managing Director/ CEO of Emisie & Co Nigeria Limited. He also co-founded AB Petroleum Limited and AMS Partners, a financial advisory and investment company based in Abuja, Nigeria.
He has attended various finance courses in and outside the country including Finance for Senior Executives at the Harvard Business School, Boston, Project Financing at the London Business School, London, Executive Communication at the Harvard Business School Boston etc.
Non Executive Director
He started his banking career with Continental Merchant Bank Plc and moved from there to Capital Bancorp Limited, a foremost investment banking firm. While in Capital Bancorp, he was involved in the privatization of African Petroleum Plc.
Prior to his joining FSL Securities Limited, he worked at Magnum Trust Bank Plc, where he was the Head of the Bank’s Investment Banking department. Mr. Okenwa is a dealing clerk of the Nigerian Stock Exchange and an Associate member of the Chartered Institute of Bankers. At various times, he has functioned as Director of Administration for the Association of Issuing Houses of Nigeria as well as Director of Finance.
He is actively involved in capacity building and development by training financial industry professionals as a facilitator with the Institute of Chartered Accountants of Nigeria (ICAN), the Financial Institutions Training Centre (FITC) as well as international training platforms. He is a media commentator on topical issues ranging from the capital market to banking and general economic matters and is known for critically assessing major financial issues and proffering practical solutions to same.
He also holds a Masters degree in Business Administration from the Edo State University, Ekpoma. He has over 20 years’ experience in investment banking and is currently the Managing Director and Chief Executive Officer of FSL Securities Limited.
Justus C. Osueke
Non Executive Director
Mr. Osueke, Justus Chinasa is an associate member of the Chartered Institute of Accountants of Nigeria, a Fellow of the Association of Chartered Certified Accountants and a member of the Information Systems Security Audit and Control Association.
holds two bachelors’ degrees in Biochemistry and Applied Accounting from the Abia State University and Oxford Brookes University, London, United Kingdom, respectively. He has worked in various organizations and presently works with Financial Advisory and Investment Consultants Limited as Senior Financial Analyst.
He is a member of the Institute of Directors.
Non Executive Director
John Obi has over thirty-two (32) years of banking experience spanning banking operations, commercial and corporate banking, at notable Banks in Nigeria. He retired as Executive Director, Corporate Bank, Fidelity Bank Plc in 2015. He is a strategist, result-oriented and highly skilled in conflict resolution.
He holds a HND (Upper Credit) in Accounting and an MBA in Financial Management from the Institute of Management Technology, Enugu and Lagos State University respectively. He is also a Fellow of the Institute of Chartered Accountants of Nigeria and an Honorary Member of the Chartered Institute of Bankers of Nigeria.
He has attended various executive training such as Negotiation Strategies for Managers, Strategies for Creating Shareholder Value, Business Marketing Strategy at Kellogg School of Management, Leading Change and Organizational Renewal at Graduate School of Stanford University.
He is the Chief Executive Officer of Theophile Global Resources Limited and also serves as an Independent Director on the Board of Jubilee Life Mortgage Bank Plc.