Jadesimi Becomes FCMB Chairman as Jonathan Long Retires

By Dipo Olowookere

FCMB Group Plc has announced the retirement of Dr Jonathan Long from the board of the company following several years of meritorious service.

The financial group made this known in a statement issued today after the board accepted his retirement through a written resolution dated April 11, 2018.

Dr Long was appointed Chairman of FCMB Group Plc in 2013, but retired from the position on Thursday, March 8, 2018, according to the statement.

In the statement signed by the Company Secretary, Mrs Olufunmilayo Adedibu, FCMB said it has appointed Mr Oladipupo Jadesimi to succeed Dr Long as Chairman of its board.

Dr Long started his career in FCMB in 1985 when he joined First City Merchant Bank Limited now First City Monument Bank Limited as Deputy Managing Director.

He became the Managing Director and Chief Operating Officer in 1987 and subsequently served as Chairman of the Bank.

Dr Long retired from the board of the bank in 2013 upon adoption of the Holding Company structure by FCMB.

While on the board of FCMB, his invaluable contributions and wealth of experience impacted the growth of the group. His dedication to the board is greatly appreciated.