First City Monument Bank (FCMB) Limited has appointed Bismarck Rewane as its new Non-Executive Director and Chairman of the Board of Directors, following approval by the Central Bank of Nigeria.
The appointment brings one of Nigeria’s most respected economists and business strategists to the helm of the bank’s board as FCMB positions itself for its next phase of growth.
Rewane has more than four decades of experience spanning macroeconomic research, investment banking, financial advisory, and corporate strategy. He is the Managing Director of Financial Derivatives Company Limited, widely regarded as one of Nigeria’s leading economic consulting firms.
A Fellow of the Nigerian Economic Society, Rewane previously held senior leadership positions at International Merchant Bank Nigeria Limited and First National Bank of Chicago.
He earned a degree in Economics from University of Ibadan and is a Fellow of the Chartered Institute of Bankers of Nigeria. He is also an Associate of the Institute of Chartered Bankers of England and Wales.
Over the years, Rewane has served on the boards of several leading companies, 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 established to address the global economic crisis and has attended executive management programmes at leading international institutions, including Oxford International Capital Markets, the Euromoney Institute of Finance, and IMD Lausanne, Switzerland.
In a statement, FCMB said Rewane’s extensive expertise in macroeconomics, corporate governance and strategic management, combined with the bank’s strengthened capital position, would enhance board leadership and support the institution’s long-term growth strategy.
The bank expressed confidence that his appointment would help deepen value creation for customers, shareholders and other stakeholders while reinforcing FCMB’s position in Nigeria’s competitive banking industry.
