Breaking: Yemisi Edun Takes Over at FCMB as Adam Nuru Steps Aside

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SWITZERLAND, JANUARY 06 – Executive Director of Finance, Yemisi Edun, has reportedly been appointed as the Acting Managing Director of First City Monumental Bank (FCMB) after former MD, Adam Nuru proceeded on leave amidst a messy paternity scandal.

The bank disclosed this on Wednesday a day after its share value declined 10% at the stock market.

Yemisi 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.

Yemisi 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.

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