FCMB appoints Edun acting MD, Nuru on leave

The management of the First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as acting Managing Director while the MD, Adam Nuru proceeds on leave.

In a statement on its Twitter on Wednesday, the bank said: “In line with normal corporate practice, Mrs Yemisi Edun is acting as the Managing Director of FCMB in the interim period while Mr Adam Nuru is on leave. She has not been appointed as the substantive Managing Director.”

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Nuru is said to have fathered two children with a married female staff, and had left for leave while the investigation into the allegation is on by the board.

The social media was awash recently following alleged extra-marital affairs involving Nuru, and a former employee known as Moyo Thomas, part of which allegedly led to the death of the latter’s husband, Tunde Thomas.

The FCMB Group Head of Corporate Affairs, Diran Olojo, in an initial response informed stakeholders and the general public that it is currently conducting a review of what transpired, to ascertain if there are violations of code of ethics or mere allegations.

The Management in an earlier statement on Tuesday said, Nuru’s leave was voluntary. “This will guarantee the sanctity of the review process.”