Abolore Solebo has been appointed executive director at Fidelity Bank.
The Board of Fidelity Bank Plc has announced the appointment of Mr. Abolore Solebo as Executive Director of the Corporate Banking Directorate.
This was contained in the company’s notice to the Nigerian Exchange Limited (NGX) and the investing public seen by Nairametrics.
According to the statement, the appointment has been approved by the Central Bank of Nigeria, and notice of the same was communicated to the Securities and Exchange Commission, the Nigeria Deposit Insurance Corporation, and the Financial Reporting Council of Nigeria.
The appointment is in furtherance of the bank’s strategic objectives.
The Board noted that it is confident that Mr. Abolore Solebo will make significant contributions to the growth and development of the bank and looks forward to working closely with him to achieve its strategic objectives.
Profile of Abolore Solebo
According to the statement signed by the company secretary, Ezinwa Unuigboje Abolore, Solebo joins the board of Fidelity Bank Plc with over 24 years of extensive financial services and general management experience in corporate, investment, commercial, retail, and transaction banking, enterprise-wide risk management, corporate strategy, and consulting in Nigeria and the United Kingdom.
Since joining the bank in 2008 as a senior manager, Abolore has held key positions, including Head of the Corporate Bank Directorate Analyst Group (2008), Division Head of Upstream (2010), Division Head of Energy and Power/Project Finance (2017), and serves on various management committees.
Abolore was Acting Head of the Corporate Bank Directorate from 2021 until he was appointed Executive Director and is the recipient of several performance awards at the bank.
Before joining the bank, Abolore worked at Shell International Trading and Shipping Co. Limited, London, as a Credit Risk QA Analyst on the Global Credit Initiative Project for its global trading operations between 2007 and 2008.
He began his career as a trainee banking officer at Citizens International Bank Plc in 1999.
He later moved to Broad Bank of Nigeria Plc as a banking officer in 2002, after which he left for the UK and returned to Nigeria in 2008 to join the bank.
Aside from being a seasoned corporate banker with experience in various sectors of the economy, he is also an expert in the energy sector.
Abolore is a keynote speaker and resource person on oil and gas matters in Nigeria and has been involved in multibillion-dollar projects and finance transactions.
He holds an MBA from London Business School (UK), an MSc in Financial Management and Economics (Middlesex University, UK) with distinction, and a BSc in Accounting from Ogun State University.
He has attended executive management and leadership programmes at international business schools, including Wharton, the University of Pennsylvania, and London Business School.
Abolore is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a member of The Energy Institute UK (Nigeria Branch).