Crisis: FCMB Appoints Yemisi Edun As Acting MD In Place Of Embattled Nuru

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First City Monument Bank (FCMB) has appointed Yemisi Edun as acting managing Director, following the announcement yesterday that Adam Nuru has gone on leave amid allegation of marital infidelity levelled against him.

The bank is currently investigating allegations of sexual misconduct against Nuru as an extramarital affair between him and a former staff of the bank, Moyo Thomas, produced two children outside of her wedlock to her husband, Tunde Thomas. The later reportedly died of heart attack following the tragic development.

Following Edun’s appointment as acting MD, there are uncertainties on whether Nuru will return to his position at the bank after the investigation launched into the accusation of unethical conduct.

Meanwhile, Yemisi Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Ile-Ife now OAU 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 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank.

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

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