FCMB Gives Fresh Update on Yemisi Edun’s Appointment As Acting MD (Read profile)

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The management of First City Monument Bank (FCMB) has appointment Mrs Yemisi Edun as Acting Managing Director.

FCMB in a statement issued on Wednesday said the decision is in line with normal corporate practice.

This is coming 24 hours after the Managing Director, Nuru Adam proceed on voluntary leave amidst controversial paternity scandal.

Yemisi Edun is an Executive Director at the bank prior to the latest appointment.

The statement read: ”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 Profile

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 main focus in Corporate Finance activities. She was also involved in 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.

Source:Factual Times

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