The Management and Board of First City Monument Bank (FCMB) Plc has named Yemisi Edun as Acting Managing Director, subject to regulatory approvals which will be subsequently announced in the coming days.
Her appointment has been reported by several online sites and widely circulated on social media. Nairametrics also confirmed this from a reliable source within the bank who pleaded anonymity as the news was yet to be made official by the bank.
According to a reliable source in the bank, the decision to appoint Yemisi Edun was taken in a bid to fill the void left by the former Managing Director, Adam Nuru, who proceeded on a voluntary leave to ensure sanctity in the bank’s investigation of charges against him.
It is unclear if her appointment means Adamu Nuru will no longer return as MD/CEO of the bank.
- Until her recent appointment, Yemisi Edun was the immediate past Chief Financial Officer of the Bank, a role she held after serving in various capacities in the bank since joining in 2000.
- She is a veteran in the financial space with experience spanning over three decades, joining the bank from Akintola Williams Deloitte. She is an alumna of OAU and University of Liverpool, UK where she bagged a Bachelor’s degree and Master’s degree in Chemistry and Accounting respectively.
- The Bank is, however, yet to notify the Central Bank of Nigeria (CBN) for full approval of the appointment.
- Yemisi Edun will be the 4th female CEO of a commercial bank, following Fidelity Bank, Unity Bank, and Citi Bank
The appointment is yet to be published on the website of the Nigerian Stock Exchange, which is typically the first place key executive management appointments for quoted companies are first made public.
This is a developing story….
Well,it is tempting to say this is where they wanted to go in the first place . So Tunde died of delayed shock or horrible life style choices .so the children belong to Nuhu,fcmb must look to finer lines of interpreting their laws before any step is taken towards pronouncing anything on Nuhu’s position with the bank or risk making him eternally rich. Remember, the court of social media is not the law of the land. While sensationalism may carry a most popular street side ,it doesn’t mean it is right. The interpretations of some governing laws today in Nigeria is rife now as it is in other climes.i still wonder at some people who say because they have not slept with people’s wives,they can further drag Nuhu in the mud. Im still very upset at that journalist that apologised to him after being throughly insulted y one who claims he is a proper Nigerian.Anyway he has to talk since we haven’t heard anything from him 8n a while. Nigeria,anyhow sha make noise so they know you’re still here.🤣🤣🤣.
Is this the end though?Are we going to hear no more of this as the #endsars seems to be going ? This our country that force us to do wider wider,wider And and and … nawa o
Madam hope say the women husband go dy safe for your bank?