Nigeria President Tinubu Names Uzoma Nwagba as MD/CEO of CREDICORP

President Tinubu appoints Uzoma Nwagba as MD/CEO of CREDICORP, with Otunba Aderemi Abdul as Chairman and others. The appointments aim to expand consumer credit access in Nigeria, enhancing financial inclusion nationwide.

President Bola Tinubu has appointed Uzoma Nwagba as the Managing Director and Chief Executive Officer of the Nigerian Consumer Credit Corporation, CREDICORP. Other appointments made on Wednesday include Otunba Aderemi Abdul as the Board Chairman (independent non-executive director), Mrs. Aisha Abdullahi as Executive Director for Credit, Risk, and Portfolio, and Ms. Olanike Kolawole as Executive Director for Operations.

Additionally, the appointees include Dr. Armstrong Ume Takang (MOFI nominee), Dr. Peter Iwegbu (NIMC nominee), Mohammed Nasiru Abbas (FMITI nominee), Mr. Marvin Nadah (FCCPC nominee), and a representative from FMF, all serving as non-executive directors.

According to a statement by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, the appointments aim to leverage the appointees' extensive experience and competence to advance CREDICORP’s mission of enhancing consumer credit accessibility for millions of Nigerians. The President expects the new board members to expedite the expansion of consumer credit access across Nigeria.