FCMB Group PLC

The Board has approved the constitution of two Board Committees - namely the Risk, Audit & Finance Committee and the Governance & Remuneration Committee - with their respective responsibilities and roles clearly defined. Furthermore, a Statutory Audit Committee (SAC) has been established in compliance with section 359 (3) of the Companies and Allied Matters Act Cap C20 LFN 2004, which requires every public company to establish a SAC composed of an equal number of its directors and representatives of the shareholders.

The effectiveness of the Board is evaluated by PricewaterhouseCoopers on an annual basis with the report presented at the AGM and a copy also sent to the Central Bank of Nigeria (CBN). This evaluation involves a review of the Board's structure, composition, responsibilities, processes and relationships, as well as individual members' competencies and respective roles in the Board's performance.

 
 Risk, Audit & Finance
Committee
Governance & Remuneration
Committee
Statutory Audit
Committee
 
Mr. Peter ObasekiFinancial Expert Committee Member      
Mr. Ladi BalogunFinancial Expert Committee Member Committee Member    
Mr. Bismarck RewaneFinancial Expert Chairperson   Committee Member  
Mr. Martin Dirks  Committee Member      
Alhaji  Mustapha Damcida   Committee Member    
Mr. Olusegun OdubogunFinancial Expert Committee Member   Committee Member  
Mr. Olutola .O. MobolurinFinancial Expert   Chairperson Committee Member  
Dr. (Engr.) Gregory .O. Ero Committee Member      
Prof. Oluwatoyin Ashiru   Committee Member    
Alhaji S.B Daranijo      Chairperson  
Alhaji B.A. Batula      Committee Member  
Evangelist Akinola Soares     Committee Member  


KEY:
Financial Expert - Financial Expert
Chairperson - Chairman of the Committee
Committee Member - Member of the Committee

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