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By Obinna Chima First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as the acting Chief Executive Officer of the bank. This followed the decision by the Chief Executive Officer, Mr. Adam Nuru, to proceed on voluntary leave as the board investigates allegation of paternity scandal against him. The bank disclosed this on Wednesday. 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...

Following the forced leave embarked upon by the embattled Managing Director of the First City Monument Bank (FCMB), Adam Nuru, in the wake of an adultery and paternity scandal dogging him, the bank has named an acting Chief Executive Officer to take charge of affairs in the bank. In a statement issued by the bank on Wednesday, the new acting MD is Yemisi Edun. The statement says Edun will hold forte pending when the investigation into the Nuru scandal is finalised. The statement adds that Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Ile-Ife, and a Master’s degr...

Views: Visits 269 First City Monument Bank, FCMB has named Yemisi Edun as the new managing director following the stepping aside of the embattled erstwhile MD, Adam Nuru. Nuru, had opted to go on leave amid allegation of marital infidelity. Over 1,000 people had signed a petition to the Central Bank of Nigeria (CBN), calling for the sack of Adam Nuru. The petition was initiated by friends of late Tunde Thomas who was married to Moyo. They had alleged that Tunde died of depression after discovering that his supposed two children with Moyo belong to the FCMB MD. They therefore called o...