First City Monument Bank (FCMB) Limited has announced the appointment of two new members, Mr. Ademola Adebise and Mrs. Olufunmilayo Adedibu, to its board of directors. This follows the approval of the Central Bank of Nigeria (CBN), emphasizing their credibility and competence.
Mr. Adebise, a seasoned figure with over three decades of experience in the Nigerian financial industry, previously served as the Managing Director of Wema Bank Plc. His career spans various sectors including technology, risk management, and strategic planning. Additionally, he has held key positions at renowned Nigerian banks and non-banking financial institutions, showcasing a wealth of expertise. Notably, he serves on the Board of AIICO Insurance, AIICO Capital, and Duchess International Hospital, and was recently appointed as Chairman of the Board of Directors of Family Homes Funds Limited by the federal government. With a B.Sc in Computer Science from the University of Lagos, an MBA from Lagos Business School, and executive programs at institutions such as the University of Cambridge and Harvard Business School, Adebise brings a unique blend of technical expertise and business acumen to the FCMB board.
Mrs. Adedibu, the Group General Counsel and Company Secretary of FCMB Group Plc, joins the FCMB board with about 32 years of post-graduation experience. She has a strong legal background and a wealth of expertise in Corporate Banking, Commercial Banking, Risk Management, Banking Operations, Insurance, and Compliance. Having completed leadership and management training from prestigious institutions including Harvard Business School, Wharton School of Business, and Queen’s School of Business Canada, Adedibu brings a robust skill set to the FCMB board.
The addition of Adebise and Adedibu to the First City Monument Bank board is expected to fortify the company’s leadership and contribute to its ongoing growth in the Nigerian market. First City Monument Bank Limited, a member of FCMB Group Plc, is a diversified financial services company with interests in banking, consumer finance, investment banking, and investment management.
These appointments are poised to introduce a wealth of experience, expertise, and refined skill sets to the FCMB board, significantly enhancing the strategic direction and leadership of the institution.
