Paternity Scandal: FCMB Appoints Yemisi Edun as New Acting MD

Yemisi Edun

Yemisi Edun has been named as the new Acting Managing Director of First City Monument Bank, FCMB.

 This follows the suspension of embattled Adam Nuhu.

Recall that Mr. Adam Nuru proceeded on voluntary leave to allow the bank board investigate the alleged sex scandal involving him and a former staff of the bank, Ms. Moyo Thomas.

Nearly 2,000 persons had signed the petition calling on the Central Bank of Nigeria and FCMB to sack Nuru over alleged infidelity with a former employee of the bank Moyo Thomas.

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.

She 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 the main focus on Corporate Finance activities.

She was also involved in the audit of Banks and Other Financial Institutions. She joined FCMB in the year 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank and now as CEO.