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.
A statement by the bank sent to THE WITNESS on Wednesday and titled: “YEMISI EDUN TO ACT AS MANAGING DIRECTOR OF FCMB, WHILE ADAM NURU PROCEEDS ON LEAVE, read: “In line with normal corporate practice, Mrs. Yemisi Edun is Acting as the Managing Director of FCMB in the interim period while Mr. Adam Nuru is on leave.
“She has not been appointed as the substantive Managing Director.”
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.
The acting chief executive of the bank 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 NEWS16 hours ago
Buhari’s aide, Lauretta Onochie backs Fulani herdsmen
THE NEWS2 days ago
Herdsmen: IGP orders arrest of Sunday Igboho, to be transfered to Abuja
THE NEWS6 hours ago
‘It’s a lie’, Pastor Faith Edeko rubbishes romance tale with Apostle Johnson Suleman
OPINION3 days ago
Kashifu Inuwa and efforts to entrench Jigawa’s ‘new world’ motto, By Hashim Suleiman
THE NEWS12 hours ago
BREAKING: Chelsea fires Frank Lampard after 18 months in charge
THE NATION16 hours ago
Nigeria Immigration spokesperson kidnapped in Edo
THE NEWS17 hours ago
Nigeria records 964 new COVID-19 cases, total now 121,566 with 1,504 deaths
OPINION17 hours ago
N-power: Sadiya Umar Farouq delivers a fitting exit strategy, By Dapo Bruce