This was disclosed in a statement by the bank on Tuesday.
The statement read, “We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru; a former employee, Mrs Moyo Thomas, and her deceased husband, Mr Tunde Thomas.
“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of ethics.
“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.”
About 1,927 persons had called for the sacking of Nuru over alleged infidelity with a former employee of the bank, Moyo Thomas.
The petition requested the Central Bank of Nigeria and the FCMB board to dismiss Nuru on ethical grounds.
Tunde was said to have been down with stroke but later recovered.
It was gathered that Tunde tried to put the matter behind him and decided to remarry.
He reportedly suffered a cardiac arrest and died two days to the introduction ceremony of his new girlfr²iend.