Fidelity Bank Plc has promoted 433 employees under its 2026 Promotion and Notch Award Exercise, representing approximately 13 per cent of the bank’s workforce.

The number of employees promoted increased from 376 in 2025 and 337 in 2024, when 12 per cent and 11 per cent of the workforce respectively benefited from the exercise.

The bank said the annual exercise was designed to recognise employee performance, reward excellence and strengthen its leadership pipeline.

Since Nneka Onyeali Ikpe became Managing Director and Chief Executive Officer, Fidelity Bank has continued to conduct annual promotion exercises aimed at recognising employee contributions and strengthening institutional capacity.

Beyond promotions, the bank said it had continued to invest in employee welfare and development through measures aimed at improving productivity, workplace satisfaction and staff wellbeing.

The bank increased salaries across all categories and grade levels in 2022, 2024 and 2025, while also deploying staff buses to ease commuting and enhancing medical support and learning and development programmes.

Fidelity Bank also expanded its mortgage loan and home ownership scheme to employees from Assistant Banking Executive to Deputy Manager cadres, while increasing applicable mortgage limits for qualified staff in line with prevailing market realities.

The bank said the measure made it one of the few institutions providing mortgage support to employees below the Manager cadre.

It added that initiatives promoting employee engagement, collaboration, work life balance, professional certification and continuous upskilling had been sustained as part of efforts to build a motivated and future ready workforce.