FCMB MD, Yemisi Edun, bags CIBN’s fellowship

In recognition of her steller contributions to the Banking industry and the Nigerian economy spanning over two decades, the Managing Director/CEO of First City Monument Bank (FCMB), Mrs. Yemisi Edun, has been conferred with the prestigious Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN).

The Fellowship award is the highest cadre of membership of the Institute conferred on deserving individuals as a symbol of lifetime achievement and success. The fellowship award took place during this year’s Investiture Programme of the Institute, held in Lagos on October 29, 2022.

According to the CIBN, the conferment of the Fellowship Award on Mrs. Edun “is an acknowledgement of her roles and invaluable contributions to the Institute, the banking industry and the Nigerian economy at large as the Managing Director of First City Monument Bank (FCMB), an Honorary Senior Member of the Institute, Body of Bank CEOs, an active supporter and promoter of the Institute’s programmes, among others”.

Mrs. Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Osun State and a Master’s degree in International Accounting and Finance from the University of Liverpool, United Kingdom. With considerable experience in Finance, Taxation, Audit and Internal Control, she is a Fellow of the Institute of Chartered Accountants of Nigeria, a CFA® Charter holder, and an Associate Member of the Chartered Institute of Stockbrokers.

The business leader is also an Associate Member of the Institute of Taxation of Nigeria; a Member of Information Systems Audit and Control, U.S.A; and a Certified Information Systems Auditor.

She began her career with Akintola Williams Deloitte (a member firm of Deloitte Touché Tohmatsu) in 1987, primarily focusing on Corporate Finance activities. She was also involved in the audit of Banks and Other Financial Institutions.

Mrs. Edun joined FCMB in 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the Bank. In 2021, she was appointed the Managing Director of the Bank.

Under her leadership, FCMB has built a strong base in critical sectors of the nation’s economy, rising to the challenge of bridging the financing gaps. The Bank, under her watch, earned about ten national and international awards for its economic intervention between 2021 and 2022.

The awards include the Best SME Bank in Nigeria and Africa (Asian Bankers Award), SME Financier of the Year and Best Bank for Women Entrepreneurs from the International Finance Corporation and the Best Bank with the Highest Impact on MSMEs in Nigeria from the Development Bank of Nigeria.

First City Monument Bank is a purpose beyond-profit commercial banking institution and a member of FCMB Group Plc. The Bank is committed to COVID-19 recovery, income equality, and poverty reduction by easing credit constraints to disadvantaged individuals and small businesses.