FCMB strengthens leadership with Adebise’s board appointment  

First City Monument Bank (FCMB) has appointed Ademola Adebise into the board of directors, strengthening its leadership and financial services delivery.

Adebise is a well-respected figure in the Nigerian financial industry.  His appointment marks a significant addition to the company’s leadership team. He is a seasoned banker with over three decades of experience. The appointment follows the approval of the Central Bank of Nigeria.

Adebise, who most recently served as the managing director of Wema Bank Plc, brings a wealth of knowledge and expertise to FCMB. Recently, he was appointed by the Federal Government as the chairman of the board of directors of Family Homes Funds Limited.

His career spans various sectors of the financial industry, including technology, risk management, and strategic planning. He has also held key positions at prominent Nigerian banks and non-banking financial institutions, including the legacy Chartered Bank, Nigeria Inter-Bank Settlement System Plc and Accenture (a global Consulting firm). Adebise currently serves on the boards of AIICO Insurance, AIICO Capital and Duchess International Hospital.

With a BSc in Computer Science from the University of Lagos and an MBA from Lagos Business School, Adebise blends technical expertise with business acumen. He is also a Fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers. He has completed executive programmes at prestigious institutions such as the University of Cambridge and Harvard Business School.

First City Monument Bank Limited is a member of FCMB Group Plc, a diversified financial services company that operates in banking, consumer finance, investment banking, and investment management. Other operating companies of FCMB Group are: Credit Direct Limited, FCMB (UK) Limited, FCMB Microfinance Bank Limited, FCMB Capital Markets Limited, CSL Stockbrokers Limited, FCMB Pensions Limited, FCMB Asset Management Limited, and FCMB Trustees Limited.

The addition of Adebise to the board of First City Monument Bank is expected to strengthen the company’s leadership and contribute to its continued growth in the Nigerian market, the bank said.