The Management and Board of First City Monument Bank (FCMB) Plc is to name Yemisi Edun as Acting Managing Director, subject to regulatory approvals which will be subsequently announced in the coming days.
The planned appointment has been reported by several online sites and widely circulated on social media. This is also confirmed from a reliable source within the bank as the news was yet to be made official by the bank.
A source from the bank who pleaded anonymity said 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 Managing Director and Chief Executive Officer 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.