President Bola Tinubu has appointed Uzoma Nwagba as the managing director (MD) and chief executive officer (CEO) of the Nigerian Consumer Credit Corporation (CreditCorp).
The appointment was announced in a statement on Friday, signed by Ajuri Ngelale, special adviser to the president.
Ngelale said Nwagba’s appointment is in line with the president’s dedicated efforts to ensure financial inclusion and economic prosperity for Nigerians.
He said Nwagba is 36 years old and holds a master’s of business administration degree from the Harvard Business School and a first-class bachelor’s of engineering from Howard University, Washington DC.
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.
According to Ngelale, he also served as a senior investment associate, specialising 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 his transition to finance,” the statement reads.
Ngelale said the president expects the new CEO 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, promote financial inclusion, and enhance the quality of life of the Nigerian people as they access the tangibles of prosperity.
