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.

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.

FEATURED5 minutes ago

APC NWC Waives Screening Requirements for President Tinubu

NIPOST
FEATURED2 hours ago

BREAKING: Senate Makes U-turn on Controversial Leadership Rule Change

FEATURED4 hours ago

JUST IN: Former Minister of Power Saleh Mamman Convicted of N33.8bn Fraud

NIGER DELTA6 hours ago

Stakeholders Urge Journalists to Foster National Peace as DOPF Marks World Press Freedom Day 2026

COMMUNITY REPORT8 hours ago

‘I’m Organized in Project Execution’ – Gov Oborevwori…Flags Off Construction of N29.8bn Aboh-Akarai Road, Bridge Project

FEATURED20 hours ago

2027: Panic Hits Dada, Taiwo and Ojugbele Camps as Ogun Deputy Gov. Salako-Oyedele Picks APC Senate Form

bolt driver
FEATURED1 day ago

2027: Full List of 17 ADC Reps Who Defected — Follow Obi to NDC in New Realignment

FEATURED1 day ago

REVEALED: How the Alleged Coup Was Orchestrated, Foot Soldiers Recruited, and Paid Millions

NEWS1 day ago

Delta’s City Boy Movement Vows to Deliver 2.7 Million Votes for Tinubu, Oborevwori, Other APC Candidates

COMMUNITY REPORT1 day ago

Oborevwori Boost Infrastructure in Delta, to Flag Off Aboh–Akarai Road, Bridge Project

FEATURED2 days ago

Coup Trial: Islamic Cleric Says ₦10m He Got Was for Prayers, Not to Overthrow Tinubu

BUSINESS2 days ago

Tinubu Assures Global Investors in Paris of His Post-2027 Agenda

social media
NEWS2 days ago

‘My Scorecard’ — Sen. Ned Nwoko Reels Out Achievements Ahead of Second Term Declaration

Port Harcourt Refinery
BUSINESS2 days ago

Warri, Port-Harcourt Refineries to Resume Operations as NNPC, China Sign Resuscitation Deal to Boost Petrochemical Output

COMMUNITY REPORT3 days ago

Ugbolu Land Dispute: Delta Govt Calls for Calm as Protesters Storm Govt House Asaba

Advertisement
Advertisement

z