Home NEWSHOLE TOP NEWS Paternity Scandal: Yemisi Edun Replaces Adam Nuru As FCMB CEO

Paternity Scandal: Yemisi Edun Replaces Adam Nuru As FCMB CEO


First City Monument Bank (FCMB) has named a new managing Director in acting capacity. This follows the stepping aside of the embattled Adam Nuru who says he has proceeded on leave.

The new chief executive of the bank is incidentally a lady – Yemisi Edun.

Edun until her appointment on Wednesday was the bank’s chief financial officer.

She holds a Bachelor’s degree in Chemistry from the University of Ife (now Obafemi Awolowo University OAU) 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 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 and now as CEO.

Her elevation became necessary following the ruckus generated by a paternity scandal involving Nuru now on leave and a former staff of the bank Mrs Moyo Thomas. Reports say Nuru may have had an affair with his staff whose husband died in December.

Friends of Tunde Thomas who is now late believe that the trauma from knowing that the kids he thought were his, may not be after all could have contributed to his death.


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