Just In: FCMB Names Yemisi Edun New Acting MD


First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as the acting Managing Director (MD) of the bank.

This followed the decision by the MD, Adam Nuru, to proceed on voluntary leave as the board investigates allegation of paternity scandal against him.

The bank disclosed this on Wednesday.

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

The bank had in a public notice Tuesday, said Nuru proceeding on leave would guarantee the sanctity of the investigation.

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