New Era: Edun Takes over from Nuru

Nuhu

Banking institutions are still corporate entities that care for their image at the end of the day. Faced with the many pressures from customers and shareholders, First City Monument Bank (FCMB) recently gave the pink slip to its MD, Adamu Nuru, and replaced him with someone else.

A few months ago, the trend of alleged paternity tests started, by and large, because of Adamu Nuru. The allegations of an extramarital affair, mixed paternity declaims, and death from depression unhinged the high seat from underneath Nuru and made him something of an outcast everywhere and anywhere. Even within the halls of his bank.

According to recent reports, FCMB has decided to cement Nuru’s exit from the executive tier of the bank. It recently announced the replacement of the MD/CEO, Adamu Nuru, with Yemisi Edun, who has been acting in Nuru’s place since January. In other words, the leave that Nuru went on when the paternity scandal started has become permanent and paved the way for Edun. For those that followed Nigerian affairs at the beginning of the year, Adamu Nuru was contending against news people because he had been tied to the wagon of a certain Mr and Mrs Thomas. According to the allegations, Nuru was the lover of Mrs Thomas, junior staff at FCMB, and the father of her two children. However, Mr Thomas did not know this until much later, and then he died as a result of depression on the same matter.

The scandal took root and even birthed a wave of paternity tests. Nuru denied everything and eventually went on voluntary leave to let people cool off. In the interim, several thousand people reportedly signed an online petition to have Nuru fired from his position at FCMB. Six months later, that petition has borne fruit. With Nuru out of the picture and Edun in the full regalia of an MD/CEO, FCMB is ready to compete with its counterparts, especially those highflyers with brilliant women at the top chairs