First City Monument Bank (FCMB) Limited has appointed Bismarck Rewane as a non-executive director and chairman of its board of directors, following approval from the Central Bank of Nigeria (CBN).
Rewane's Background and Expertise
Rewane is a highly respected economist and an experienced leader in Nigeria's financial sector. With more than 40 years of experience in macroeconomic research, investment banking, and strategic management, he brings a wealth of knowledge to the board. He currently serves as Managing Director at Financial Derivatives Company Limited, a premier financial advisory and economic research firm.
He is a fellow of the Nigerian Economic Society (NES) and has held significant leadership roles at International Merchant Bank Nigeria Limited and First National Bank of Chicago. Rewane holds a degree in Economics from the University of Ibadan and is 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.
Previous Board Roles
Rewane has served on the boards of several blue-chip companies and multinationals, including Guinness Nigeria Plc, British American Tobacco, Henkel Nigeria Limited, Top Feeds Nigeria Limited, and Africa Infrastructure Plus Partners. He was also a member of the Presidential Steering Committee for the Resolution of the Global Economic Crisis under the late President Muhammadu Buhari.
FCMB's Statement
In a statement, FCMB expressed confidence in Rewane's appointment, noting that his expertise in macroeconomics, corporate governance, and strategic management, combined with the bank's stronger capital base, will strengthen its leadership and help drive the next phase of growth. The bank remains committed to delivering value to its stakeholders.
