President Bola Tinubu has approved the appointment of the Board members for the Nigerian Consumer Credit Corporation (CREDICORP), a key institution aimed at enhancing consumer credit access and management in Nigeria.
The new board, comprising a mix of independent, executive, and non-executive directors, is expected to steer CREDICORP towards achieving its mandate of promoting consumer credit growth and stability.
The president named Engr Uzoma Nwagba as MD/CEO of the board while Otunba Aderemi Abdul will serve as Board Chairman (Independent Non-Executive Director).
Other Executive Directors include Mrs. Aisha Abdullahi (Credit, Risk & Portfolio)/CRO; and Ms. Olanike Kolawole – Executive Director (Operations)/COO.
Others are 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); Marvin Nadah – Non-Executive Director (FCCPC Nominee); FMF Representative – Non-Executive Director (FMF).
A statement by Special Adviser to the President (Media & Publicity) Chief Ajuri Ngelale said: ‘’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.’’