The Management and Board of First City Monument Bank (FCMB) Plc has named Yemisi Edun as acting Managing Director; subject to regulatory approvals which will be subsequently announced in the coming days.
The appointment of Yemisi Edun which is in reaction to the ongoing scandal which led to the erstwhile managing Director, Adam Nuhu stepping aside is intended to ensure there is no vacuum as well as ensure sanctity in the bank’s investigation of charges against him.
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. Yemisi joined 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.
The Bank is, however, plans to notify the Central Bank of Nigeria (CBN) of the appointment for full approval a source in the bank revealed.