News
Concerned Parties Move To Reconcile Nnamdi Okonkwo, Nneka Onyeali-Ikpe

From all indications, there is an effort to reconcile the former Managing Director of Fidelity Bank, Nnamdi Okonkwo and his successor, Nneka Onyeali-Ikpe.
A source revealed to papermacheonline that those concerned had reached out over the weekend to manage the situation between the two bankers in the interest of the bank and the general public.
The image of the bank was said to have been affected by the crisis calling for the need to bring together both parties.
As narrated, this is genesis of the crisis monitored on news blog, Maestromedia…
A rumble has started to brew in Fidelity Bank and if it isn’t quickly contained, may engulf the financial institution, cause disaffection among staff members with investors and shareholders likely to pull their investments and ultimately affect the fortunes of the bank.
The people at the centre of this rumble are none other than Nnamdi Okonkwo, the former MD/CEO of the bank and his successor, Nneka Onyali-Ikpe, the current MD/CEO of the bank.
The duo who supposedly have a mentor and mentee relationship, have now parted ways acrimoniously over high level ambition.
According to Maestrosmedia, trouble started when Nnamdi Okonkwo just like his fellow bankers do, decided he needed to be very much involved in who takes over from him. Like his ilks, Okonkwo’s need to be involved in who replaces him, was simply to get someone who he trusts enough to protect his interest and to have his back, owing to all of his financial dealings when he was at the helm of affairs at the bank.
When Fidelity Bank began shopping for his replacement, Okonkwo already had in mind the perfect person he wanted to take over from him. He was reportedly planning to bring in someone who has shown brilliancy from another banking institution of repute before he got cornered by one of his executive directors.
The director who is now the incumbent MD of Fidelity Bank had gone out on limb to meet with the highest echelon of the bank responsible for making the choice for a replacement, without Okonkwo’s knowledge.
Onyali-Ikpe who obviously wanted to advance her career showed keen interest for the job and went after it with all the gusto she could muster. Luckily, it worked in her favor and the board of the bank got sold out to her.
Okonkwo was miffed that she had gone behind him to pitch herself for the job without his knowledge. And so he tried to dissuade the board to go with his choice but their mind was obviously made up and she became their choice. This was all the more made possible by her husband, Ken Onyali-Ikpe who allegedly put every resource at his disposal to make his wife’s dream come true.
Since her assumption to the office of the MD on January 1st, Onyali-Ikpe is allegedly said to be on a ‘house cleaning’ agenda; weeding out those who she perceives to be loyal to the erstwhile MD and who could possibly undermine her.
A few have been smart enough to jump ship and avoid the humiliation of being sent packing. One of those The Street Journal gathered, who saw the signs and quickly left is Charles Aigbe, the former deputy general manager/head, brand and communications is now the deputy Vice President, community relations, HEIRS Oil.
Only those who switched allegiance have been spared from madam’s hammer
Also, the former MD/CEO’s tenure is already going through thorough scrutiny with the hope that eagle eyes will catch something the ex MD doesn’t want unearthed and hopefully, get him the Francis Atuche treatment.
lifestyle
Parrot Xtra Publisher Celebrates Hassan Fatungase At 60

Publisher of Parrot Xtra Magazine/PMParrot.com, Olayinka Agboola has sent out expressive greetings to his long-time friend and brother, Alhaji Hassan Taiwo Fatungase, former Bakers’ World, Ikeja, Lagos Director on the occasion of his 60th birthday anniversary.
In a statement personally signed by Agboola, former Nigeria Coordinator for Ovation International Magazine described Alhaji Hassan Fatungase as the most selfless Nigerian he has ever encountered.
Agboola continued, “Hassan is not only selfless, he is intelligent, forward looking, hard-working, vibrant, resourceful, compassionate and above all, very God-fearing.”
The Ibadan-based media entrepreneur then went ahead to submit that the astute technocrat is a man who appreciates human beings and the value of friendship.
“Those who attended the University of Lagos with him in those days will attest to it that ‘Fatuu’, as he used to be called then would sacrifice anything to keep a working-relationship.
“Even when he joined one of the five-star hotels in Abuja in the early 90s, it did not take long before he was promoted to become the very first African to occupy a managerial position before he joined the Bakers’ World family business in Lagos. His records are still there till today.
Feats At Bakers’ World
“While running Bakers’ World located on Allen Avenue in Ikeja, Lagos, journalists, broadcasters, creative young Nigerians and others were encouraged by him. The records are also there for people to verify. There is almost no big name in the entertainment/media industry in Nigeria today that has not directly and/or indirectly benefitted from Hassan’s large-heartedness. As a matter of fact, he used to settle quarrels when differences and ‘head-on-collisions’ were reported to him!”
Agboola also went ahead to describe how the celebrant of the day has been faring since he became the chairman of Abimbola Awoliyi Estate, Oko-Oba in Lagos where he presently lives.
“Hassan is team-player and a man who keeps improving in good-naturedness even as a semi-retired bureaucrat. Residents of Awoniyi Estate will tell his story better. Since he became the chairman some three years ago, living standards have since improved.
“Together with other executive members, the Estate has been winning awards as one of the best in the whole of Lagos State. Solar lights, good roads, fibre-optic-source of internet, faultless security architecture and enhanced sociability…and other achievements have been recorded by the Fatungase-led team.”
Agboola, who was also a pioneer staff at Thisday Newspaper concluded “Dear friends and colleagues, please join me to pray for this quintessential lover of fairness and equity. May Allah continue to be with him, grant him sound health, more prosperity, divine protection and long life. May his wonderful family comprised of ‘Iyalaje’ Doyinsola and the children- Tomisin, Ahmed, Ibrahim and Idris continue to enjoy divine grace too. Happy birthday to our Director at Parrot Xtra Media Network, many happy returns of this day, September 26.”
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