First City Monument Bank (FCMB) Limited has announced the appointment of Yemisi Edun as the substantive Managing Director of the bank.
She was first appointed in January to hold forte for Adam Nuru, who was enmeshed in an adultery scandal.
Although the Board of Directors eased out Nuhu, it said it could not establish any contravention of its policies.
It thanked Mr Nuru for his years of dedicated service and wished him all the best in his future endeavours.
Edun was the former Executive Director and Chief Financial Officer of the bank.
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.
Yemisi joined FCMB in 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank.
She 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.
She is a Fellow of the Institute of Chartered Accountants of Nigeria and a Certified Financial Analyst, CFA Charter holder.
Yemisi 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.