First City Monument Bank Limited (FCMB) , a subsidiary of FCMB Group, a Lagos-based financial services holding company led by Nigerian banking executive Ladi Balogun, has appointed Ademola Adebise and Olufunmilayo Adedibu to its board of directors. This move aligns with the group's expansion strategy and improved financial performance.
The appointments, which have received approval from the Central Bank of Nigeria (CBN), are aimed at strengthening the bank's leadership and enhancing its commitment to corporate governance. Adebise and Adedibu, both seasoned professionals in the Nigerian financial sector, are expected to play key roles in guiding FCMB's strategic growth plans.
Ademola Adebise: A veteran in bankingAdemola Adebise, with over 30 years of banking experience, joins FCMB's board as a Non-Executive Director. He previously served as the Managing Director of Wema Bank Plc, where he was instrumental in driving the bank's growth.
Adebise's extensive experience in finance and leadership positions him as a valuable asset to FCMB's leadership team. His educational background includes a bachelor's degree in computer science from the University of Lagos and an MBA from Lagos Business School, complemented by executive programs at the University of Cambridge and Harvard Business School.
