News

Tinubu appoints 36-year-old Nwagba as consumer credit corporation CEO

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

This was contained in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Friday, April 5, 2024.

Ngelale noted that the appointment was in keeping with the president’s dedicated efforts to ensure financial inclusion and economic prosperity for the majority of Nigerians.

The presidential spokesman added that Tinubu expects Nwagba to bring to bear his wealth of experience in finance and technology, as well as his record in driving financial interventions across Nigeria in the new role to expand access to credit to all classes of Nigerians while promoting financial inclusion and enhancing the quality of life of the citizens as they access the tangibles of prosperity.

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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 in United States.

Prior to his appointment, 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, specializing in financial services (banking, insurance, pensions) at the African Capital Alliance.

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 he transitioned to finance.

The Star

Segun Ojo

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