Amaka Onwughalu, the Chairman of the Board of Directors of Fidelity Bank Plc, has emerged winner in the “Women on Bank Boards” category at the Africa Women in Banking and Finance Conference and Awards (AWBFA) 2026.
The event, themed: “Redefining Women’s Leadership in African Finance,” was held on May 8, 2026 in Lagos State.
AWBFA is a platform established to celebrate women driving leadership and impact across Africa’s financial services ecosystem. It also spotlights professionals whose contributions are often overlooked, while advancing visibility for women shaping banking and finance.
In her acceptance remarks, delivered through Ezinwa Unuigboje, Company Secretary, Fidelity Bank Plc, Onwughalu described the recognition as a timely reminder of the role inclusion plays in strengthening board effectiveness and corporate governance.
“This recognition matters because inclusion at board level strengthens governance,” she said, noting that when diverse perspectives are represented, “oversight is sharper, risk conversations are richer, and strategy is tested more thoroughly.”
She added that inclusive leadership sends an important signal to the market and the next generation of leaders, emphasising that boardrooms should reflect “competence, experience, and the society the financial system serves.”
For Fidelity Bank, the Chairman linked the award to the institution’s governance priorities and growth trajectory. She noted that strong governance aligns with the bank’s consolidation of “key milestones in capital strengthening, international expansion, and sustained business growth.”
Onwughalu also highlighted the wider benefits for the Nigerian banking industry, noting that inclusive boards support stability and trust, improve decision quality, and help institutions remain responsive to customers, communities, and an evolving regulatory environment. She said the honour was accepted “with gratitude, and with renewed commitment to champion inclusive leadership at the highest level.”
Organisers have positioned AWBFA 2026 as more than a conference, describing it as a movement focused on celebrating excellence, driving inclusion, and strengthening leadership pipelines for women across Africa’s financial ecosystem.
