FCMB Undergoes Leadership Restructuring
By Victor Ernest
First City Monument Bank (FCMB) Group Plc has released a press statement on Monday announcing the restructuring of the company’s leadership.
According to the press release, the hierarchical restructuring of the company shall take effect from March 20th, 2017.
In the new structure, Ladi Balogun, who has been the Group Managing Director of the commercial banking arm of the company for 10 years, would step down to assume the role of Group Chief Executive of FCMB Group Plc.
While Adam Nuru, who has been the company’s Executive Director in charge of Business Development for the bank, would succeed Ladi Balogun as the Managing Director of the company.