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By Obinna Chima
The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. Yemisi Edun for First City Monument Bank (FCMB) Limited, marks an important paradigm shift in the approach to decision-making and management with regard to gender at the highest levels of the Nigerian banking industry.
The NSBP states that as part of a wider sustainable banking commitment, the industry should work towards 40 per cent female representation at top management and boards levels.
First City Monument Bank (FCMB)
By
Wed Jul 14 2021
The Board of Directors of FCMB Group Plc has announced the appointment of Yemisi Edun as the Managing Director of First City Monument Bank (FCMB) Limited, after six months in acting capacity.
The bank in a statement said it is upon the end of service of the bank’s former MD, Adam Nuru.
The board had earlier reviewed media allegations made in late 2020 against the former MD saying it did not establish any contravention of its policies.
Edun was the Executive Director/Chief Financial Officer of the bank until she became acting managing director on January 6, 2021, after Mr Nuru stepped down.
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FCMB Limited announces appointment of Mrs Yemisi Edun as the new Managing Director and successor to Mr Adam Nuru nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.