FCMB gets new Director

Tokunboh Ishmael has been appointed Non-Executive Director for FCMB Group Plc.

This is according to a notice filed by the bank to the Nigerian Stock Exchange.

Mrs. 'Tokunboh Ishmael is an alumnus of the London Business School and the University of London. She is a Chartered Financial Analyst and a member of the CFA Institute and the board of the African Venture Capital Association.

She has over 20 years’ experience spanning investment banking, private equity investing, technology and new business development in the USA, Europe and Africa.

Mrs Ishmael was Country Partner for Nigeria at Aureos Capital where she raised $50m for the Aureos West Africa Fund. Previously, she was a mergers & acquisitions banker at Salomon Smith Barney and Managing Director of Avante Capital Ltd. She is a co-founder and Managing Director of Alitheia Capital.

She served diligently on the Board of First City Monument Bank Limited (the Bank) from January 2013 to February 2020 and has over the years been of tremendous positive influence especially on the Bank’s innovative drive.

"Tokunboh brings on board wealth of experience which would be of great impact at the Group level. With this appointment, the Board is assured that her laudable contributions at the Bank would be replicated across the FCMB Group entities," the bank said in a statement.