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FCMB Demotes Embattled Adam Nuru, Names Yemisi Edun As New MD

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First City Monument Bank FCMB has demoted its MD, Adam Nuru who was recently accused of having a hand in the death of a young man named Tunde Thomas who he had an affair with his wife and committed paternity fraud with Tunde’s wife. Adam Nuru former FCMB MD

Mr Nuru has been demoted and replaced as the MD by a woman Yemisi Edun. Recall when the so-called paternity fraud story broke Mr Adam Nuru amid the entire situation decided it was the right time to go on leave amid the allegation of marital infidelity.
READ ALSO: Paternity Scandal: FCMB MD ‘Fathers’ Children With Married Staff, Husband Dies

Yemisi Edun who 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 has now been named the new managing director of the bank.

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Adam Nuru, Moyo and Tunde

Yemisi Edun is also 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.

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Yemisi Edun is said to have begun 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 an audit of Banks and Other Financial Institutions. She joined FCMB in the 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.

Photo Credit: Getty

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