Adam Nuru, Managing Director of First City Monument Bank (FCMB).
The Board of Directors of First City Monument Bank Limited (FCMB) has announced the end of service of Adam Nuru as the managing director of FCMB Limited.
The Board had earlier reviewed media allegations made in late 2020 against the former MD and did not establish any contravention of its policies.
Read also: FCMB appoints Olaiya as executive director, risk & compliance
In a press statement released in Lagos at the weekend, the Board of FCMB thanked Nuru for his years of dedicated service and wished him all the best in his future endeavours.
Yemisi Edun, former executive director/chief financial officer, who had previously served as acting managing director, has been appointed as the substantive managing director/CEO.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
