President Bola Tinubu has approved the appointment of the Board members for the Nigerian Consumer Credit Corporation (CREDICORP).
CREDICORP is an important institution aimed at enhancing consumer credit access and management in Nigeria.
This was disclosed in a statement by the spokesman of the president, Chief Ajuri Ngelale.
The new board, composed of a mix of independent, executive, and non-executive directors, is tasked with steering CREDICORP towards achieving its mandate of promoting consumer credit growth and stability.
Engr Uzoma Nwagba has been appointed as the Managing Director/CEO, while Otunba Aderemi Abdul will serve as the Board Chairman (Independent Non-Executive Director).
Other key appointments according to the statement include Mrs. Aisha Abdullahi as Executive Director (Credit, Risk & Portfolio)/CRO, and Ms. Olanike Kolawole as Executive Director (Operations)/COO.
Non-Executive Directors appointed to the board are Dr. Armstrong Ume Takang (MOFI Nominee), Dr. Peter Iwegbu (NIMC Nominee), Mr. Mohammed Nasiru Abbas (FMITI Nominee), Marvin Nadah (FCCPC Nominee), and a representative from the Federal Ministry of Finance (FMF).
President Tinubu expressed his expectation that the new board members will leverage their extensive experience, competence, and dedication to fulfill CREDICORP’s mission of accelerating access to consumer credit for millions of Nigerians.