Friday 5 April 2024

Tinubu Approves Appointment of New CEO For CREDICORP

President Bola Tinubu has approved the appointment of Engineer Uzoma Nwagba as the new Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP).

According to a statement by Presidential spokesman, Ajuri Ngelale, on Friday night, the appointment was in keeping with the President’s dedicated efforts to ensure financial inclusion and economic prosperity for the majority of Nigerians.

Engineer Nwagba, 36, holds a Master’s degree in Business Administration from the Harvard Business School and a first-class Bachelor of Engineering from Howard University, Washington DC.

Prior to his appointment, Ngalale said Engineer Nwagba served as Chief Operating Officer of the Bank of Industry (BoI), in charge of driving micro-credit and other financial interventions at the institution.

“He had also served as Senior Investment Associate, specializing in financial services (banking, insurance, pensions) at the African Capital Alliance.

“Engineer Nwagba was a Software Engineer at Microsoft, where he led multiple teams charged with building enterprise and mobile software for emerging markets (Brazil, Russia, India, China, South Africa, and Nigeria), before his transition to finance.

“The President expects the new Chief Executive Officer of this critical agency to bring to bear his wealth of experience in finance and technology, as well as his record in driving financial interventions across Nigeria in this new role in order to expand access to credit to all classes of Nigerian citizens, while promoting financial inclusion, and enhancing the quality of life of the Nigerian people as they access the tangibles of prosperity,” the statement said.

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