News

Paternity Scandal: FCMB Replaces Embattled MD, Adam Nuru

Matilda Omonaiye/

First City Monument Bank Plc has named Yemisi Edun as acting Managing Director; subject to regulatory approvals.

NewsmakersNG learnt that Edun’s appointment is aimed at filling the void left by the former Managing Director, Adam Nuru, who proceeded on a voluntary leave to ensure sanctity in the bank’s investigation of charges against him.

Media reports say that the management of FCMB is investigating the alleged extra-marital affair between Nuru and a former employee of the company, Moyo Thomas which allegedly led to the death of the latter’s husband, Tunde Thomas.

Edun’s appointment is expected to be announced in the coming days.

Until her 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 has over three decades experience, joining 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 yet to notify the Central Bank of Nigeria (CBN) for full approval of the appointment.

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