FCMB Group has announced its board approval of the half year 2020 unaudited financial statement as well as resignation of two directors of the bank effective 31st July, 2020.
The announcement was contained in a statement released by the bank today and signed by the bank’s Company Secretary, Olufunmilayo Adedibu.
The statement reads:
“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 bank however mentioned that the two directors, Mr. Olutola Mobolurin and Mr. Olusegun Odubogun will remain in the board of the bank subsidiary of the company.
“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” The statement ended.