January 6, 2021
By Paschal IJEH InvestAdvocate
Lagos (INVESTADVOCATE)-First City Monument Bank (FCMB) on Wednesday announced Yemisi Edun as acting managing director (MD) of the Bank as Adam Nuru, substantive MD has been mandated to go on leave to enable the bank to investigate the paternity allegations against him.
A statement from FCMB on Tuesday reads thus “We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru; a former employee, Mrs Moyo Thomas, and her deceased husband, Mr Tunde Thomas.
“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of ethics.
“This is already under way. During the period of the review, the managing director has volunteered to proceed on leave. This will guarantee the sanctity of the review process.
“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.”
FCMB says in a tweet on Wednesday that Edun has not yet been appointed substantive MD, “she has not been appointed as the substantive managing director,” the tweet said
According to Edun’s profile on the FCMB’s official website, she 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.
Edun 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.
Below is the tweet:
