FCMB taps economist Bismarck Rewane to chair board amid growth push

First City Monument Bank (FCMB) has tapped prominent economist Bismarck Rewane to chair its board, betting on his four decades of experience in banking, economic research and corporate strategy to help steer the lender’s growth ambitions amid a rapidly evolving financial services landscape.

Rewane is a respected economist and experienced leader in Nigeria’s financial sector, with more than 40 years of experience in macroeconomic research, investment banking, and strategic management. He is the managing director at Financial Derivatives Company Limited, a top financial advisory and economic research firm. He is a Fellow of the Nigerian Economic Society and has held leadership roles at International Merchant Bank Nigeria Limited and First National Bank of Chicago. He graduated from the University of Ibadan with a degree in Economics and is a Fellow of the Chartered Institute of Bankers of Nigeria (CIBN) and an Associate of the Institute of Chartered Bankers of England and Wales.

Rewane has served on the boards of blue-chip companies and multinationals, including Guinness Nigeria Plc., British American Tobacco, Henkel Nigeria Limited, Top Feeds Nigeria Limited, and Africa Infrastructure Plus Partners. He was a member of the Presidential Steering Committee for the Resolution of the Global Economic Crisis.

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He has completed executive management programmes at top business schools, including the Oxford International Capital Markets programme, the Euromoney Institute of Finance, and IMD Lausanne, Switzerland.

The Board of Directors of First City Monument Bank welcomes Rewane. The Bank is confident that his expertise in macroeconomics, corporate governance, and strategic management, together with the Bank’s stronger capital base, will strengthen its leadership and help drive the next phase of growth while continuing to deliver value to stakeholders.

First City Monument Bank Limited is a member of FCMB Group Plc, a financial services company that provides banking, consumer finance, investment management, and fintech services.

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.