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About Nuru Adam, the embattled MD, FCMB

Mr. Adam Nuru holds a Bachelor’s degree in Business Administration with a specialisation in Finance from the Ahmadu Bello University.

He has over 20 years experience covering Corporate Finance, Consumer Banking, Public Sector, Treasury, Commercial/Retail Banking and Human Resources Management.

Mr. Nuru began his career at the Nigerian Agricultural & Cooperative Bank. He also worked at Oceanic Bank and FSB International Bank (Now Fidelity Bank), where he headed Public Sector, later Retail Banking (Lagos), and eventually Human Resources Management Group.

He joined FCMB in 2005 as Head of Enterprise Management overseeing Human Resources, Administration & Logistics and Branch Development.

He joined FinBank Plc in 2009 as Executive Director, North Nigeria and rejoined FCMB as Executive Director Abuja & North Nigeria, following the merger of FCMB and FinBank in 2012.

FCMB is set to investigate allegations involving MD, Adam Nuru and his subordinate, Moyo Thomas, nee Ojo. FCMB has informed stakeholders that it is currently reviewing allegations against him.

This is according to an exclusive press release made available to http://solomonislandblog.com.ng and signed by the Head of Corporate Affairs, FCMB Group, Diran Olojo.

Recall that the social media and internet space has been buzzing following an allegation of extra-marital affairs involving the Managing Director of the Bank, Adam Nuru, and a former employee known as Moyo Thomas, part of which allegedly led to the death of the latter’s husband, Tunde Thomas.

Adam Nuru graduated from Ahmadu Bello University, Zaria, where he studied Business Administration with specialization in Finance. He also holds a master’s degree from Bayero University, Kano and has attended management programmes at leading international educational institutions.

He is a fellow of the Institute of Economics of Nigeria, a fellow of the Chartered Institute of Treasury Management and member of Nigerian Institute of Management, Chartered Institute of Bankers of Nigeria among others. He is the Vice Chairman of Institute of Strategic Management.

He has been in the banking industry for over 28 years’ and his experience covers Corporate Finance, Consumer Banking, Public Sector, Treasury, Commercial/Retail Banking and Human Resources Management.

Mr. Nuru began his banking career at the Nigerian Agricultural & Cooperative Bank and has also worked at Oceanic Bank and FSB International Bank (Now Fidelity Bank), where he headed Public Sector, later Retail Banking (Lagos), and eventually Human Resources Management Group.

Adam Nuru was appointed as the MD/CEO of FCMB in March 2017 after the regulatory and mandatory 10 years board membership of Ladi Balogun, the former MD expired.

Nuru has been at the centre of a marriage scandal involving Moyo Thomas, a former employee of the bank, and his late husband, Tunde Thomas.

A petition initiated by friends of the deceased, on Thursday had alleged that Tunde died of depression after discovering that his supposed two children with Moyo belong to the FCMB MD.

It also called on the Central Bank of Nigeria (CBN) to sack Nuru, while demanding a comprehensive investigation into the matter.

“This is a case of gross misconduct based on ethical grounds and an unjustifiable economic oppression by the elite (Adam Nuru) against the underprivileged in the society,” the petition, which has already garnered over 700 signatures, reads.

In response to the allegations, FCMB Group informed stakeholders and the general public that it is currently conducting a review of what transpired, to ascertain if there are violations of code of ethics or mere allegations.

Over 1400 people (as of press time) have signed a petition asking the Central Bank of Nigeria (CBN) to sack the embattled managing director, Adam Nuru.

Adam Nuru hails from Kwara state, he is married to Hauwa Nuru and they are blessed with children

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