Tinubu Appoints New Board for Nigerian Consumer Credit Corporation

Segun Atanda/

In a move aimed at enhancing consumer credit access for Nigerians, President Bola Tinubu has appointed a new board for the Nigerian Consumer Credit Corporation (CREDICORP).

The appointments include a mix of seasoned professionals and experts expected to drive the corporation’s mandate forward.

According to a statement from the special adviser to the President on Media & Publicity, Ajuri Ngelale, the newly appointed members are:
– Otunba Aderemi Abdul – Board Chairman (Independent Non-Executive Director)
– Engr. Uzoma Nwagba – Managing Director/Chief Executive Officer
– Mrs. Aisha Abdullahi – Executive Director (Credit, Risk & Portfolio)/CRO
– Ms. Olanike Kolawole – Executive Director (Operations)/COO
– Dr. Armstrong Ume Takang – Non-Executive Director (MOFI Nominee)
– Dr. Peter Iwegbu – Non-Executive Director (NIMC Nominee)
– Mr. Mohammed Nasiru Abbas – Non-Executive Director (FMITI Nominee)
– Mr. Marvin Nadah – Non-Executive Director (FCCPC Nominee)
– FMF Representative – Non-Executive Director (FMF)

Ngelale emphasized the President’s confidence in the new board members’ capabilities to fulfill CREDICORP’s goal of widening consumer credit access across the nation.

“The President expects the new members of the Board of this pivotal institutional vehicle to bring their vast experience, competence, and dedication to bear in their functions to achieve CREDICORP’s mandate of accelerating access to consumer credit to millions of Nigerians,” Ngelale stated.

The appointments mark a significant step in President Tinubu’s ongoing efforts to improve financial inclusion and economic growth in Nigeria.