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Home Featured

FCMB Replaces Nuru Adam, Appoints Yemisi Edun As New MD

Kemi Ashefon by Kemi Ashefon
January 7, 2021
in Featured, Financial Institution, Newsmakers
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FCMB Replaces Nuru Adam, Appoints Yemisi Edun As New MD
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First City Monument Bank (FCMB) has appointed an acting managing director in the wake of the sex scandal rocking its managing director, Adam Nuru, and his subsequent stepping aside.

The new chief executive of the bank is Yemisi Edun.

Nuru had volunteered to proceed on leave while the board of the bank begins investigation into his alleged romance with a former staff of the bank, Ms. Moyo Thomas.

Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Ile-Ife and a Master’s degree in International Accounting and Finance from the University of Liverpool, United Kingdom.

She is a Fellow of the Institute of Chartered Accountants of Nigeria and a CFA® Charter holder. She is also an Associate Member of the Chartered Institute of Stockbrokers; an Associate Member of the Institute of Taxation of Nigeria; a Member of Information Systems Audit and Control, U.S.A; and a Certified Information Systems Auditor.

She began her career with Akintola Williams Deloitte (member firm of Deloitte Touché Tohmatsu) in 1987, with main focus in Corporate Finance activities. She was also involved in audit of Banks and Other Financial Institutions. She joined FCMB in year 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank and now as CEO.

Tags: FCMB MDFCMB Yemisi Edun
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