Tinubu names the Consumer Credit Corporation Board

President Bola Tinubu has accepted Uzoma Nwagba’s appointment as Managing Director and Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP).

Other major appointments made by the President on Wednesday include Otunba Aderemi Abdul, who will serve as Board Chairman (independent non-executive director); Mrs. Aisha Abdullahi, Executive Director, Credit, Risk and Portfolio; and Ms. Olanike Kolawole, Executive Director, Operations.

The non-executive directors who have been appointed are Mr. Marvin Nadah (FCCPC nominee), Dr. Armstrong Ume Takang (MOFI nominee), Dr. Peter Iwegbu (NIMC candidate), Mohammed Nasiru Abbas (FMITI nominee), and an FMF representative.

Ajuri Ngelale, Special Adviser to the President on Media and Publicity, stated in a terse statement that the President expects the new board members of this pivotal institutional vehicle to bring their vast experience, competence, and dedication to bear in their functions in order to achieve CREDICORP’s mandate of accelerating access to consumer credit for millions of Nigerians.

Ajuri noted that the appointments were intended to expedite the process of increasing Nigerians’ access to consumer finance.