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FCMB used to illustrate the story. [Photo credit: Eagle Construction Limited ECL Abuja]

FCMB used to illustrate the story. [Photo credit: Eagle Construction Limited ECL Abuja]

FCMB gets new chairman

byOladeinde Olawoyin
March 21, 2018
1 min read

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A businessman, Oladipupo Jadesimi, has been appointed the new chairman of First City Monument Bank (FCMB).

The bank in a statement on Tuesday said Mr. Jadesimi’s appointment followed the approval of the Central Bank of Nigeria (CBN).

The statement, signed by Olufunmilayo Adedibu, the company’s secretary, said Mr. Jadesimi was first appointed a non-executive director of the bank before being nominated as chairman of the board of directors at its meeting which held on March 8.

The new appointee is the founder of Ladol Group, a variety of high value industrial free zone enterprises.

The statement read in part: “Jadesimi who holds an Oxford M.A. (Honours) in Law and was a jurisprudence scholar at the University of Oxford, has run several businesses in the energy, finance and real estate sectors, and brings on board high-level competencies and varied experience.

“He also currently serves as the chairman of the board of directors of Niger Delta Exploration and Production PIG one of the largest indigenous integrated oil and gas producing companies.”

FCMB said Mr. Jadesimi’s leadership on the FCMB Group Plc board will undoubtedly have a positive impact on the Board and the FCMB Group as a whole.

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Oladeinde Olawoyin

Oladeinde Olawoyin

Oladeinde Olawoyin reports Business & Economy, Development and Lagos Metro at PREMIUM TIMES. A First Class graduate of Mass Communication from the University of Ilorin, Ilorin, he was nominated in the journalism category of The Future Awards Africa in 2017. Aside maintaining a column titled ‘SATURDAY SATIRE’, he also writes art and culture pieces on weekends. Twitter: @Ola_deinde

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