Capital

Jonathan Long Exits Board of FCMB Group

April 16, 2018/NSE

FCMB Group Plc hereby announce the retirement of Dr. Jonathan Long from the Board of the Company following several years of meritorious service and subsequent acceptance of his retirement by the Board, through a written resolution dated April 11, 2018.

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

He became the Managing Director and Chief Operating Officer in 1987 and subsequently served as the Chairman of the Bank. Dr. Long retired from the Board of the Bank in 2013 upon the adoption of the Holding Company structure by FCMB. He thereafter served as the Chairman of FCMB Group Plc from 2013 to March 8, 2018.

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

Mr. Oladipupo Jadesimi succeeds Dr. Jonathan Long as Chairman of the Board

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