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
Article Banner

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.

FEATURES6 hours ago

If They Can Say Croissant, They Can Say Amala

FEATURED7 hours ago

Tinubu Orders ICPC to Probe PFIPC, Directs MDAs to Supply Relevant Info, Submit Report Within 30-Days

‎Why Court Rejected El-Rufai’s Medical Bail Request
FEATURES11 hours ago

‎Why ICPC Arrested El-Rufai’s Personal Doctor ‎

ENTERTAINMENT14 hours ago

‎Sex Plays Major Role in a Woman’s Glow, Says Iyabo Ojo as She Reflects on Love, Divorce

FEATURES16 hours ago

‎CJN Cautions New Judges Against Unsolicited Gifts ‎

Defense and Security16 hours ago

‎Insurgency: Two Senior Commanders Lay Down Arms, Surrender to Military in Borno

FEATURES20 hours ago

‎Oborevwori Celebrates James Manager at 66, Commends Decades of Service to Delta, Nigeria ‎

FEATURES20 hours ago

Fresh Drama Surfaces As N10bn Defamation Suit Looms, Gbajabiamila Responds to Adeyemi’s Allegations

BUSINESS23 hours ago

‎Elumelu Bows Out as UBA  Chairman After 12 Years, Named Emmanuel Nnorom as Successor

FEATURES1 day ago

‎10 Jailed, Fined Over Naira Spraying as EFCC Intensifies Crackdown in Edo, Delta ‎

FEATURED1 day ago

Former Power Minister Mamman Loses More Assets to FG After 75 Years Jail Sentence

FEATURED1 day ago

Alleged Fake Council: How the Gbajabiamila Controversy Became a Test of Tinubu’s Presidency

#SPORTS1 day ago

‎Merino’s Late Strike Sends Spain Past Portugal into World Cup Quarter-finals ‎

personnel
METRO1 day ago

Delta Police Launches Statewide Operation to Prevent Cult-related Violence Ahead ‘7/7’

FEATURES1 day ago

‎Fake News Threatens Democracy, Gov Idris Tells Journalists at Arewa Media Summit ‎

Advertisement
Advertisement

z

   


Article Banner