FCMB appoints Yemisi Edun as Acting MD as Adamu Nuru proceeds on leave

First City Monument Bank, FCMB, has named Yemisi Edun as its acting Managing Director as Adam Nuru proceeded on leave today.

The bank, however, explained in a statement issued on Wednesday, that Mrs. Edun has not been appointed as the substantive Managing Director.

The statement reads: “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.

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“Yemisi Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Ile-Ife, 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 and a CFA® Charter holder. 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, U.S.A; and a Certified Information Systems Auditor.
She began her career with Akintola Williams Deloitte (member firm of Deloitte Touché Tohmatsu) in 1987, with the main focus on Corporate Finance activities.

She was also involved in the audit of Banks and Other Financial Institutions. She joined FCMB in the 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.