Months after First City Monument Bank’s Adam Nuru paternity scandal, caused stir in the banking industry, the financial comapny has remained silent on the issue.
Brand Spur Nigeria recalls that FCMB’s Nuru had been accused of dating a married former subordinate, Moyo Thomas, whose husband, Tunde Thomas reportedly died after discovering the truth.
Reacting to the allegation, FCMB Group Head, Corporate Affairs, Diran Olojo, said the bank’s board of directors had already commenced a review into the matter, adding that its findings would be disclosed in due course.
“We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru; a former employee, Mrs Moyo Thomas, and her deceased husband, Mr Tunde Thomas,” the statement by FCMB had said.
“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of ethics.
“This is already underway. During the period of the review, the managing director has volunteered to proceed on leave. This will guarantee the sanctity of the review process.”
Following the allegations of an unprofessional romantic affair levelled against Nuru and ensuring the sanctity of the review process FCMB named Yemisi Edun as its acting managing director. But on the official site of the bank as at July 12th, 2021, Edun is seen as the Executive Director, Finance.
As at the time of filing this report, FCMB is yet to give updates about its investigation as Adam Nuru remains the Managing Director (MD) of the financial institute.