Tinubu appoints Consumer Credit Corporation board

President Bola Tinubu has approved the appointment of Uzoma Nwagba as the Managing Director and Chief Executive Officer of the Nigerian Consumer Credit Corporation, CREDICORP.

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

The nominees also included Dr Armstrong Ume Takang (nominated by MOFI); Dr Peter Iwegbu (nominated by NIMC); Mohammed Nasiru Abbas (nominated by FMITI); Mr Marvin Nadah (nominated by FCCPC) and a representative of FMF, all of whom are non-executive directors.

In a succinct statement, the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said the President expects the new members of the board of this key institution to leverage their vast experience, competence and commitment in the discharge of their roles to achieve CREDICORP’s mission of accelerating access to consumer credit for millions of Nigerians.

Ajuri added that the appointments are aimed at accelerating the process of expanding access to consumer credit for Nigerians.