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Paternity scandal: FCMB names Yemisi Edun acting MD

Akinwande Soji-Ojo by Akinwande Soji-Ojo
January 6, 2021
in News
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Paternity scandal: FCMB names Yemisi Edun acting MD
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First City Monument Bank (FCMB) has named Yemisi Edun as the new acting managing director, following the stepping aside of the embattled erstwhile MD, Adam Nuru.

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Nuru, had opted to go on leave amid allegation of marital infidelity.

He was accused of having a romantic affair with a former employee of the financial institution, Mrs Moyo Thomas. The alleged romance produced two children, according to reports.

FeedWell

Over 3,000 people had signed a petition to the Central Bank of Nigeria (CBN), calling for the sack of Nuru. The petition was initiated by friends of late Tunde Thomas who was married to Moyo.

They had alleged that Tunde died of depression after discovering that his supposed two children with Moyo belong to the erstwhile FCMB MD.

They therefore called on the CBN to sack Nuru, while demanding a comprehensive investigation into the matter.

The bank has since commenced a probe into the matter.

Edun holds a Bachelor’s degree in Chemistry from Obafemi Awolowo University, 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; Associate Member of the Institute of Taxation of Nigeria; Member of Information Systems Audit and Control, U.S.A; and a Certified Information Systems Auditor.

Edun 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 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank.

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