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FCMB appoints Bismarck Rewane as Non-Executive Director, Board of Directors Chairman

First City Monument Bank (FCMB) Limited has announced the appointment of Mr. Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors, subject to the approval of the Central Bank of Nigeria.

Mr. Rewane is a highly regarded economist and seasoned professional in Nigeria’s financial industry, bringing over four decades of experience in macroeconomic analysis, investment banking, and strategic leadership. He currently serves as the Managing Director of Financial Derivatives Company Limited, a leading economic research and financial advisory firm.

He is a Fellow of the Nigerian Economic Society and has previously held senior positions at International Merchant Bank Nigeria Limited and First National Bank of Chicago. He obtained a degree in Economics from the University of Ibadan and is also a Fellow of the Chartered Institute of Bankers of Nigeria, as well as an Associate of the Institute of Chartered Bankers of England and Wales.

Over the years, he has contributed to the boards of several major corporations and multinational organizations, including Guinness Nigeria Plc., British American Tobacco, Henkel Nigeria Limited, Top Feeds Nigeria Limited, and Africa Infrastructure Plus Partners.

He also served on the Presidential Steering Committee on the Resolution of the Global Economic Crisis.

Mr. Rewane has attended several advanced executive programmes at prestigious institutions, including the Oxford International Capital Markets Programme, the Euromoney Institute of Finance, and IMD Lausanne in Switzerland.

The Board of First City Monument Bank has warmly welcomed his appointment, expressing confidence that his vast experience in macroeconomics, corporate governance, and strategic leadership—combined with the Bank’s strengthened capital position—will enhance its strategic direction and support its next phase of growth while continuing to deliver value to stakeholders.

First City Monument Bank Limited is a subsidiary of FCMB Group Plc, a diversified financial services group offering banking, consumer finance, investment management, and fintech solutions.

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