First City Monument Bank (FCMB) Limited has announced the addition of two new members to its board of directors.

Mr. Ademola Adebise, a prominent figure in the Nigerian financial sector, and Mrs. Olufunmilayo Adedibu, a highly regarded lawyer with extensive experience in legal practice and banking, have joined the board.

Their appointments as non-executive directors have received the endorsement of the Central Bank of Nigeria (CBN), highlighting their qualifications and expertise. Adebise, a veteran banker with over thirty years of experience, previously held the position of Managing Director at Wema Bank Plc.

He brings significant knowledge and proficiency to FCMB and has recently been appointed by the federal government as the Chairman of the Board of Directors of Family Homes Funds Limited.

His career encompasses various areas within the financial industry, including technology, risk management, and strategic planning.

Adebise has also occupied key roles at several notable Nigerian banks and non-banking financial institutions, such as the legacy Chartered Bank, Nigeria Inter-Bank Settlement System Plc, and Accenture, a global consulting firm. He currently serves on the boards of AIICO Insurance, AIICO Capital, and Duchess International Hospital.

Adebise holds a B.Sc in Computer Science from the University of Lagos and an MBA from Lagos Business School, combining technical skills with business insight.

He is a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers and has participated in executive programs at esteemed institutions, including the University of Cambridge and Harvard Business School.

Adedibu serves as the Group General Counsel and Company Secretary for FCMB Group Plc, contributing approximately 32 years of professional experience since her graduation.

Of this, 29 years have been dedicated to various sectors including Corporate Banking, Commercial Banking, Risk Management, Banking Operations, Insurance, and Compliance. She holds a Bachelor of Laws (LL.B) from Obafemi Awolowo University, a Master of Laws (LL.M) from the University of Lagos, and a Barrister at Law (B.L) qualification from the Nigerian Law School.

Her legal career commenced at the law firm of Chris Ogunbanjo and Co, where she gained substantial expertise in litigation, company law, as well as Copyright and Patent Laws, prior to her transition into the banking sector.

Additionally, Adedibu has undertaken leadership and management training at prestigious institutions such as Harvard Business School, Wharton School of Business, Queen’s School of Business in Canada, Lagos Business School, and has participated in Euromoney's Loan Documentation and Advanced Loan Documentation Training in New York.

She holds membership in the Nigerian Bar Association (NBA) and the International Bar Association (IBA).

Additionally, she is a Life member of the Institute of Directors (IoD) and an Honorary member of the Chartered Institute of Bankers of Nigeria (HCIB), as well as Toastmasters International. Furthermore, she serves on the Board of CRC Credit Bureau Limited.

The inclusion of Adebise and Adedibu on the board of First City Monument Bank is anticipated to enhance the leadership of the organization and support its ongoing expansion within the Nigerian market.

First City Monument Bank Limited operates under the umbrella of FCMB Group Plc, which is a multifaceted financial services entity engaged in banking, consumer finance, investment banking, and investment management.