Tinubu announces fresh appointment

Tinubu appoints Nwagba as MD/CEO Consumer Credit Corporation

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

A statement issued on Friday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity), said the appointment is in keeping with the president’s efforts to ensure financial inclusion and economic prosperity for the majority of Nigerians.

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

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

He had also served as a senior investment associate, specialising in financial services (banking, insurance, and 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 statement noted that President Tinubu 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 for 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.

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