In a swift move, the Management and Board of First City Monument Bank (FCMB) Plc, has named an acting Managing Director.
According to an insider source who confided in Nairametrics, the financial giant named Yemisi Edun as the acting Managing Director, in a bid to fill the void left by the embattled former Managing Director, Adam Nuru who is currently embroiled in allegations of unethical conduct.
Nairametrics had earlier reported that the embattled former Managing Director had proceeded on a voluntary leave to ensure sanctity in the review process and mechanism already instituted by the Bank to investigate charges levied against him. This is after the bank had assured customers and stakeholders that it is currently reviewing what transpired.
In lieu of this, the bank announced Yemisi Edun to temporarily fill the void, subject to regulatory approvals which will be subsequently announced in the coming days.
Nairametrics learnt that 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 after joining in 2000.
Yemisi Edun 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, the 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.
