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“Yemisi Edun not appointed as the Substantive Managing Director” – FCMB

January 7, 2021
in News, Economy, Finance
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First City Monument Bank (FCMB) has cleared the air about the appointment of Yemisi Edun.

The bank clarified that Ebun is only acting as the Managing Director of FCMB in the interim period while Mr Adam Nuru is on leave.


This clarification was made in a statement by the Bank titled “YEMISI EDUN TO ACT AS MANAGING DIRECTOR, WHILE ADAM NURU PROCEEDS ON LEAVE”.


“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”, the statement read.

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.

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