President Bola Tinubu has appointed a new board for the Nigerian Consumer Credit Corporation (CrediCorp) to expand consumer credit access for millions of Nigerians. The announcement was made in a statement by the president’s Special Adviser on Media and Publicity, Ajuri Ngelale.
The new board is chaired by Otunba Aderemi Abdul and includes professionals in finance, risk management, and operations. Engr. Uzoma Nwagba retains his position as Managing Director/CEO, while Mrs. Aisha Abdullahi was appointed Executive Director (Credit, Risk, and Portfolio), and Ms. Olanike Kolawole is the Executive Director (Operations).
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Non-executive directors come from various government bodies and financial institutions, including the Ministry of Finance, National Identity Management Commission, Federal Ministry of Industry, Trade and Investment, Federal Competition and Consumer Protection Commission, and the Financial Management Firm.
President Tinubu emphasized the importance of the new board utilizing their expertise to accelerate access to consumer credit, fulfilling CrediCorp’s mandate. He expressed confidence in the board's ability to bring their vast experience, competence, and dedication to achieve this goal.