The First City Monument Bank (FCMB) has appointed Mrs. Yemisi Edun as its acting managing director.
Edun takes over the running of the bank from the Managing Director, Adam Nuru, who on Tuesday, January 5, proceeded on leave amid allegations of marital infidelity involving him and a former staff of the bank, Moyo Thomas.
There are allegations that Moyo’s estranged husband, Tunde Thomas, 45, died on December 16, 2020, from a heart attack after battling with depression upon discovering that the two children from their marriage were allegedly fathered by Mr Nuru.
A statement by the bank on Wednesday, January 6 said, “In line with normal corporate practice, Mrs Yemisi Edun is acting as the managing director of FCMB in the interim period while Mr Adam Nuru is on leave.
“She has not been appointed as the substantive managing director.”
Mrs. Yemisi Edun holds a bachelor’s degree in Chemistry from the University of Ife, Ile-Ife and a Masters’ 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 Chartered Financial Analyst (CFA).
She is also an Associate Member of the Chartered Institute of Stockbrokers and an Associate Member of the Institute of Taxation of Nigeria, Member of Information Systems Audit and Control, U.S.A. and a Certified Information Systems Auditor.
She began her career with Akintola Williams Deloitte (member firm of Deloitte Touche Tohmatsu) in 1987 with focus on corporate finance activities as well as audit of banks and other financial institutions. She joined FCMB in year 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank and now as CEO.