Yemisi Edun has been appointed as the new acting Managing Director of the First City Monument Bank (FCMB).

Edun was asked to step into the shoes of the managing director, Adam Nuhu, on acting capacity, who volunteered to go on while the bank probes alleged paternity complication involving former staff of the bank, Moyo Thomas.

It was learnt that the board of the bank met for most of Wednesday and the decision was reached that the most senior personnel, Edun, should step into the position of Edun as acting managing director.

Edun holds a bachelor’s degree in chemistry from the Obafemi Awolowo University, Ile-Ife and a masters’ 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 Chartered Financial Analyst. She is also an Associate Member of the Chartered Institute of Stockbrokers and an 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.

She began her career with Akintola Williams Deloitte in 1987 with a focus on corporate finance activities as well as 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.