Fidelity Bank Presentation Non-Deal Roadshow May Jun 2018 - PowerPoint PPT Presentation

Fidelity Bank Presentation Non-Deal Roadshow May – Jun 2018 www.fidelitybank.ng

Profile of Fidelity Bank Road-Show Team Nnamdi Okonkwo Managing Director / Chief Executive Officer Appointed Managing Director of Fidelity Bank PLC in January 2014 ▪ Over 28 years banking experience ▪ Banking career includes managerial and leadership positions in Retail, SME, Commercial ▪ and Corporate Banking with experience covering Nigeria, Ghana and West Africa Gbolahan Joshua Chief Operations & Information Officer Appointed Chief Operations and Information Officer in January 2016 ▪ Over 18 years Assurance and Banking experience ▪ Banking career includes the following leadership positions; Chief Financial Officer, Chief ▪ Strategy Officer, Chief Information Officer, Head of Assets & Liability Management, Operations and Digital Banking Sam Obioha Head, Investor Relations Appointed Head of Investor Relations in January 2014 ▪ Over 11 years banking experience ▪ Banking career spans the following areas of expertise; Investor relations, Investment ▪ Banking, Corporate Strategy and Research www.fidelitybank.ng 2

Outline 1. Overview of Fidelity Bank 2. Our Strategic Focus 3. Financial Performance Review 4. 2018FY Guidance 5. Appendix www.fidelitybank.ng 3

1. Overview of Fidelity Bank www.fidelitybank.ng 3 4

Overview of Fidelity Bank Ownership 32.0bn Authorized Shares Listings: 28.96bn Shares Total Assets: N1,480bn Issued And 28.96bn Fully Paid $4.4bn 7yr N30bn May 2022 NGN Bonds $400m Oct 2022 Eurobond Professional Staff 3,106 778 ATMs Male: 57% 4.1 Million Operations Female: 43% 2m Cards Accounts & Contact Channels 1.5m Mobile 4,360 POS Customers 240 Branches Governance 5 Board Committees B- (Stable) 12 B- (Stable) Board Members Executive 9 Management Non-Executives: 7 A- NG (Stable) Team Executives: 5 www.fidelitybank.ng 5

Evolution of Fidelity Bank …Giant strides in our 30 years of existence 1987 - 1998 2005 2006 2010 - 2012  Fidelity Bank  Accepted by  Finalized merger  Deployed Capital incorporated as a and quoted on and integration to develop retail Private Limited the Nigerian infrastructure and  Grew branch Liability Company Stock Exchange Expansion of the network to 82 Corporate Banking  Commenced  Raised equity from 19 in 2004 Business operations as a through an IPO Merchant Bank  Obtained ISO 27001 Certification 1999 - 2001 2005 - 2006 2007 - 2008 2013 - 2017  Registered as a  Acquired FSB Int’l  Raised equity to  Issued local and Public Limited Bank Plc and US$1bn through foreign Bonds Liability Company Manny Bank Plc GDR & Public Offer  Digital led Retail  Converted to a  Integrated FSB  Appointed Primary Banking strategy Commercial Bank and Manny Bank Dealer in Treasury  Strengthened PLC into the Bills and Money  Licensed as a Governance and Fidelity brand Market Instruments Universal Bank investor relations by CBN www.fidelitybank.ng 6

Our Story Key Player in the Nigerian banking industry ▪ Ranks amongst the top 10 banks in the banking industry based on total assets, total deposits and capital adequacy ▪ Market share of about 5% on key performance metrics; Total Assets, Loans, Deposits, Customer Base ▪ A leading mid-tier bank with strategic aspirations to become a Tier 1 bank in 5 years - 2022 Experienced and stable management ▪ Managed by a team of professionals with extensive experience within the financial services sector ▪ Management team has an average of over 26 years of experience, gained in leading local and international banks ▪ Senior management team with a proven track record of implementing innovative and industry-leading initiatives, particularly in relation to best business practices and customer services Robust internal controls and risk management policies and procedures ▪ Fidelity Bank operates with a world class risk management framework and meets or exceeds all regulatory requirements with relevant certifications; ISO/IEC 22301 and ISO/IEC 27001 in place ▪ One of the 6 Nigerian Banks that does an interim audit of its financials and the only local mid-tier bank, Fidelity was the first bank in Nigeria to adopt a market reflective exchange rate of N333/USD$ in September 2017 Strong information technology and e-business platform ▪ Fidelity Bank is one of two Nigerian banks to introduce a mobile banking service that runs on unstructured supplementary service data technology in 2014, this product leapfrogged our digital banking value proposition attracting over 1m NEW mobile customers in 3 years ▪ Strong collaboration with FINTECHs to disrupt existing incumbents in select industries e.g. AVIATION ▪ Digital strategy and technology innovation validated by external awards on the Global stage e.g. INFOSYS www.fidelitybank.ng 7

Experienced And Credible Board of Directors Kings Akuma Ernest Ebi Non-Executive Director Chairman ➢ Head, Non-Oil & Gas at ALCON Nigeria ➢ Non-Executive Director, Dangote Cement Ltd PLC; Director Venture, Garden Group ➢ Former Managing Director, Hammakopp ➢ Former Deputy Governor, CBN Consortium Ltd Michael Okeke Seni Adetu Non-Executive Director Independent Non-Executive Director ➢ Group CEO, First primus W.A. Ltd, Algorithm ➢ Managing Partner, Sun Oriala & Co Media Ltd ➢ Previous experience at Multi – Shelters ➢ Former MD, Guinness Nigeria PLC, Nigeria Ltd Guinness Ghana PLC; MD, Coca Cola English West Africa Alex Ojukwu Charles Umolu Non-Executive Director Non-Executive Director ➢ CEO, Afro Asia Automobile & Plastics Ltd ➢ Managing Consultant, Corimol Nigeria Ltd, ➢ Former Executive Director, Western Director, Profound Securities Ltd goldfields Group Ltd; Managing Partner, ➢ Former MD/CEO, Comet Merchant Bank Damos Practice Ltd Robert Nnana-Kalu The Board of Fidelity Bank consists of former senior Non-Executive Director executives with requisite experience such as: - Deputy Governor of the Central Bank of Nigeria (CBN) ➢ Executive Director, Star Paper Mills Limited - The CEO of Guinness & Coca Cola ➢ Former Vice Chairman and Chairman, - The CEO of a commercial bank Manufacturers Association of Nigeria - The Chief Compliance Officer of a bank www.fidelitybank.ng 8

Strong Management Team With Extensive Experience Nnamdi Okonkwo Mohammed Balarabe Managing Director Deputy Managing Director 28+ years experience in banking 26+ years experience in banking Aku Odinkemelu Chijioke Ugochukwu Nneka Chinwe Onyeali-Ikpe Executive Director, Commercial & Executive Director, Share Services & Executive Director, Commercial & Consumer Banking, South Products Consumer Banking, Lagos & South- 26+ years experience in banking 26+ years experience in banking West 28+ years experience in banking Obaro Odeghe Gbolahan Joshua Kevin Ugwuoke Adeboye Ogunmolade Head, Corporate Banking Directorate Chief Operations and Information Officer Chief Risk Officer Chief Compliance Officer 23+ years experience in banking 18+ years experience in banking 27+ years experience in banking 21+ years experience in banking www.fidelitybank.ng 9

Robust Risk Management Framework in Place Three-tiered approach for enterprise-wide risk management Level 1 Board/Executive Board of Directors Mgt. oversight Board Finance & General Board Corporate Board Audit Committee Board Risk Committee Board Credit Committee Purpose Committee Governance Committee Level 2 Operational risk & Management Credit & Asset & Liability Criticised Asset Committee Service Measurements Investment Committee Management Committee Senior management Committee function Chief Risk Officer Head, Market Risk Head, IT & Head, Credit Head, Loan Head, Remedial Asset Management & Head Risk Strategy Operational Risk Administration Processing Division Management Group ALM Mgt. Group Level 3 Support functions Human resources Branches Business Units Corporate Audit Support Units Management Robust internal controls and risk management policies and procedures ▪ Enterprise risk management framework in place to ensure the Bank operates a world-class risk management framework and meets or exceeds all legal and regulatory requirements ▪ ISO / IEC 22301 certification recently concluded to further strengthen the Bank’s risk management processes ▪ Existing framework provides comprehensive controls and ongoing management of the major risks inherent with the Bank’s busines s activities www.fidelitybank.ng 10

2. Our Strategic Focus www.fidelitybank.ng 3 11