The First City Monument Bank (FCMB) has approved the appointment of Yemisi Edun as its acting managing director.
Edun takes over the helm of the bank from the embattled Managing Director, Adam Nuru, who on Tuesday, January 5, proceeded on leave amid allegations of marital infidelity involving him and an ex staff of the bank, Moyo Thomas. There are allegations that Moyo’s estranged husband, Tunde Thomas, 45, passed away on December 16, 2020, from a heart attack after battling depression upon realizing that the two children from their marriage were biologically fathered by Mr Nuru.
An official statement from the bank announcing Edun’s appointment reads in part
“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, and the Board conducts its review of the allegations.
She has not been appointed as the substantive Managing Director. As and when the Board completes its review of the allegations, we will provide an update.”
Edun has before now, been the bank’s executive director, finance.