FCMB Board Approves Second Quarter Unaudited Financial Statements

The Board of directors of FCMB Group Plc (the Company) on Friday approved the release of the bank’s unaudited financial statements for the half-year ended 30 June 2020.

In the meeting held via zoom on July 24, 2020, at 11.00 am, the Board also accepted the resignations of two Board members, Mr. Olutola Mobolurin and Mr. Olusegun Odubogun, effective 31 July 2020.

However, the Group said both the directors will remain as directors on the Board of the Group’s subsidiary First City Monument Bank Limited.

In the statement signed by Mrs. Olufunmilayo Adedibu, Company Secretary, FCMB Group and released on the Nigerian Stock Exchange on Friday, the bank said “At the Board of Directors’ meeting of FCMB Group Plc (the Company) held today Friday, July 24, 2020, at 11.00 am via zoom, the Board considered and approved the Unaudited Financial Statements of the Group for the half-year ended 30 June 2020.

“The Board also accepted the resignations of Mr. Olutola Mobolurin and Mr. Olusegun Odubogun from the Board of the Company effective 31 July 2020. Both directors however remain as directors on the Board of the Group’s subsidiary First City Monument Bank Limited.”