In a significant move to enhance consumer credit access for Nigerians, President Bola Tinubu has announced the appointment of a new board for the Nigerian Consumer Credit Corporation (CREDICORP). This strategic decision aims to accelerate the expansion of consumer credit, thereby promoting financial inclusion and economic growth across the nation.
The newly appointed board 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)
President Tinubu emphasized that the newly constituted board is tasked with the crucial mandate of accelerating consumer credit access to millions of Nigerians. This aligns with the government’s broader agenda of driving financial inclusion, boosting consumer spending, and stimulating economic activity. By enabling more Nigerians to access credit facilities, CREDICORP aims to empower individuals and small businesses, thereby fostering entrepreneurship and economic resilience.
