First City Monument Bank (FCMB) Limited appoints Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors. The appointment takes effect after receiving the required approval from the Central Bank of Nigeria, according to reporting from both outlets. Vanguard describes Rewane as an economist with over 40 years of experience, citing his background in macroeconomic research and roles in the financial sector. The Punch similarly reports that FCMB names Rewane as its new Board Chairman, framing the move as part of the bank’s governance and leadership strengthening. The sources do not provide additional details about the term length, immediate portfolio changes for management, or any succession timeline for the previous board chair. Overall, both reports agree on the key elements of the appointment: the bank, the individual appointed, his role as non-executive director and board chairman, and the fact that Central Bank of Nigeria approval is obtained before the change.