Tinubu Approves Appointment of CREDICORP Board Members

President Bola Ahmed Tinubu has approved the appointment of a new board for the Nigerian Consumer Credit Corporation (CREDICORP). The approval was announced on Wednesday by Ajuri Ngelale, the President’s Special Adviser on Media and Publicity.

Ngelale stated that this decision is part of the administration’s efforts to enhance consumer credit access in Nigeria. The new appointments are aimed at leveraging the expertise and experience of the appointees to expedite the expansion of consumer credit to millions of Nigerians.

The appointed members are:

1. Otunba Aderemi Abdul – Board Chairman (Independent Non-Executive Director)

2. Engr. Uzoma Nwagba – Managing Director/Chief Executive Officer

3. Mrs. Aisha Abdullahi – Executive Director (Credit, Risk & Portfolio)/CRO

4. Ms. Olanike Kolawole – Executive Director (Operations)/COO

5. Dr. Armstrong Ume Takang – Non-Executive Director (MOFI Nominee)

6. Dr. Peter Iwegbu – Non-Executive Director (NIMC Nominee)

7. Mr. Mohammed Nasiru Abbas – Non-Executive Director (FMITI Nominee)

8. Mr. Marvin Nadah – Non-Executive Director (FCCPC Nominee)

9. FMF Representative – Non-Executive Director (FMF)

The President’s statement emphasized the importance of the new board members’ experience, competence, and dedication in fulfilling CREDICORP’s mandate of accelerating access to consumer credit for millions of Nigerians.