FCMB names Yemisi Edun as Acting-MD

  • amidst on-going investigation on paternity scandal of ex-MD

Lagos, Jan. 6, 2021  The First City Monument Bank (FCMB) has named Mrs Yemisi Edun as the Acting Managing Director of the bank in the interim, while Mr Adam Nuru who is engaged on the on-going paternity scandal is placed on leave until further notice

This was  contained in a statement signed by the FCMB management and obtained by the Naija247news via the bank’s Twitter handle.

“In line with normal corporate practice,  Edun is Acting as the Managing Director of FCMB in the interim period, while Mr Adam Nuru is on leave.

“She has not been appointed as the substantive Managing Director,” the statement said.

Recall that Nuru volunteered to go on leave to enable the bank to investigate the paternity allegations against him

Previous article
Next articleInvestors price appreciation in Zenith Bank, UBA drive NSE market indicators rebound by 0.17%
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

This site uses Akismet to reduce spam. Learn how your comment data is processed.