FCMB Commences Review Into Allegations of Unethical Behavior Against MD Nuru

First City Monument Bank (FCMB Group Plc) has commenced a review of unethical behaviour levied against its Managing Director and Chief Executive Officer, Adamu Nuru, who allegedly impregnated and fathered two kids with a married staff of the bank.

Brand News Day had earlier reported that a group of people seeking justice had petitioned the Central Bank of Nigeria, and the board of FCMB concerning unethical behaviour of Adamu Nuru and former staff of the bank, Moyo Thomas, that led to the death of Tunde Thomas, the husband of Moyo Thomas.

Mr. Adam Nuru – Managing Director | www.brandnewsday.com

Diran Olojo, the Head, Corporate Affairs, Diran Olojo, FCMB Group, said the bank was aware of the allegations making the rounds against its Managing Director.

Olojo revealed that the financial institution had commenced a review into the matter, saying the outcome would be discussed 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 Ms Moyo Thomas and her deceased ex-husband, Mr Tunde Thomas,” the statement read.

“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 these code of conduct ethics. This will be done immediately.

“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.

“Our Board of Directors are reviewing all aspects of this report and once they are done with their review, we will revert to you.”