By Emmanuel Nduka
The Board of Directors of First City Monument Bank (FCMB) on Tuesday announced the appointment of Mrs Yemisi Edun as its new Managing Director, replacing erstwhile MD, Adam Nuru.
The details of the appointment was contained in a statement by the FCMB made available to The Heritage Times, indicating that the board had “earlier reviewed media allegations made in late 2020 against the former MD and did not establish any contravention of its policies”.
“The Board of Directors of FCMB thanks Mr Nuru for his years of dedicated service and wishes him all the best in his future endeavours,” part of the statement read.
Prior to her appointment, the new MD was the Executive Director/ Chief Financial Officer of the FCMB, and previously served as the acting Managing Director.
Mrs Yemisi who has a work experience spanning nearly 35 years, 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 Certified Financial Analyst, 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.
