FCMB appoints acting Managing Director, Yemisi Edun

The First City Monument Bank (FCMB) has announced the appointment of Yemisi Edun as its acting managing director.

Edun takes over the running of the bank from the Managing Director, Adam Nuru, who on Tuesday, January 5, proceeded on leave amid allegations of marital infidelity involving him and a former staff of the bank, Moyo Thomas. There are allegations that Moyo’s estranged husband, Tunde Thomas, 45, died on December 16, 2020, from a heart attack after battling with depression upon discovering that the two children from their marriage were allegedly fathered by Mr Nuru. Read here.

A statement from the bank announcing Edun’s appointment reads in part

“In line with normal corporate practice, Mrs Yemisi Edun is acting as the managing director of FCMB in the interim period while Mr Adam Nuru is on leave, and the Board conducts its review of the allegations.

She has not been appointed as the substantive Managing Director. As and when the Board completes its review of the allegations, we will provide an update.”

Edun has hitherto been the bank’s executive director, finance.

7 Comments

  1. That’s good of her and we are also looking forward to having a coordial relationship with your workers.

  2. Good of him as he steps aside to give room for proper investigation into the allegation levels against him in order to avoid compromise from him.

  3. I hope after the investigation the outcome won’t short change by anybody and I also congratulate the newly appointed MD.

  4. Congratulation on that appointment but my prayer is this let that allegation put on the MD not be true because they will be very bad to the banking sector

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