Connect with us

BUSINESS

Infidelity Crisis: FCMB Names Yemisi Edun As Acting MD As Embattled Adam Nuru Goes On Leave

Published

on

Yemisi Edun





The management of First City Monument Bank, has named Yemisi Edun, its Executive Director, Finance as interim Managing Director of the bank.

 

BIGPEN reports that the development follows the controversy surrounding the embattled MD of the bank, Adam Nuru, who is allegedly being accused of infidelity with a former worker with the bank, Moyo Thomas.

Nuru has since ‘voluntarily’ proceeded on leave to allow the bank’s Board conduct its review of the circumstances surrounding the allegations.

Advertisement
Recall that Nuru had been enmeshed in alleged infidelity scandal on the heels of the death of Moyo’s estranged husband, Tunde Thomas, who reportedly died of depression about two weeks ago after Moyo reportedly told him some months ago that their two kids were fathered by Nuru.
The bank, had following the development set up a panel to investigate the allegations against Nuru “if there was any violation of the bank’s code of ethics and the adequacy of this code of ethics, action would be taken”.

It was learnt that during the period of the review, the Managing Director volunteered to proceed on leave to guarantee the sanctity of the review process.

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

 

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.

Advertisement

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.

Advertisement
FEATURED1 hour ago

EFCC Arraigns Truck Driver for Illegally Transporting Assorted Solid Minerals

Jaro Egbo
COMMUNITY REPORT11 hours ago

Ughelli North Council Boss Suspends Uwheru PG, Chief MacPherson Igbedi

NEWS13 hours ago

Sen. Nwoko Empowers Several Constituents in Delta North with Federal Jobs

FEATURED16 hours ago

Army Troops, Civilian JTF Send 8 Terrorists to Hell in Bloody Gunfire in Borno

Heavy-Duty vehicles
FEATURED20 hours ago

85 Senators Append Signature for Anioma State Creation Aheads Public Hearing

COMMUNITY REPORT21 hours ago

Isoko North Council Boss Tasks Religious Leaders on Speaking Truth to Power

FEATURED23 hours ago

How we Operated as a “One Chance” Keke’s Robbery Gang – Kingpin Leader Told Police Investigators

ENTERTAINMENT2 days ago

Billionaire Nwoko, Regina Daniels Back AGN’s National Secretariat, App Launch

FEATURED2 days ago

EFCC Arrests 74 Alleged Internet Fraudsters with Rifle Pistol, 86 Phones, Motorcycles in Abuja

COMMUNITY REPORT2 days ago

Sen. Nwoko Pays Glowing Tribute to Dein of Agbor on His 48th Birthday

COMMUNITY REPORT2 days ago

Pomp, as Waive Leads High-powered Delegation to Pay Homage to New Udu Monarch

FEATURED3 days ago

Tantita Reveals How Foreigners Smuggle Nigerian Oil

COMMUNITY REPORT4 days ago

‘We’re Committed to Healthcare Delivery’ – Isoko North Boss as He Flags Off 2nd Phase Immunization Exercise

FEATURED5 days ago

Stolen Artifacts: Senate Intensifies Efforts on Policy Recommendations As Nwoko’s C’ttee Meet Stakeholders

FEATURED5 days ago

‘Being an Alarmist Doesn’t Fit Your Status’ – APC Chieftain Slams Gov Oborevwori’s Chief Strategist

Advertisement
Advertisement