After 6 months in office, FCMB appoints Edun as MD

The Board of Directors of FCMB Group Plc has announced the appointment of Yemisi Edun as the Managing Director of First City Monument Bank (FCMB) Limited, after six months in acting capacity.

The bank in a statement said it is upon the end of service of the bank’s former MD, Adam Nuru.

The board had earlier reviewed media allegations made in late 2020 against the former MD saying it did not establish any contravention of its policies.

Edun was the Executive Director/Chief Financial Officer of the bank until she became acting managing director on January 6, 2021, after Mr Nuru stepped down.

With a work experience spanning almost 35 years, Edun holds a bachelor’s degree in Chemistry from the University of Ife, IleIfe 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 (ICAN) and a Certified Financial Analyst (CFA).

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, USA; and a certified Information Systems Auditor.