Banking NATIONAL NATIONAL News

President Tinubu Appoints New MD Of CREDICORP

Written by Nachaida Yuguda

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

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

A statement says he had also served as a Senior Investment Associate, specialising in banking, insurance, and pensions at the African Capital Alliance.

Mr. Nwagba was a Software Engineer at Microsoft, where he led multiple teams charged with building enterprise and mobile software for Brazil, Russia, India, China, South Africa, and Nigeria before he transitioned to finance.

The President has also approved the appointment of the management team of the Nigerian Education Loan Fund, NELFUND.

Accordingly, Mr Akintunde Sawyerr will serve as Managing Director/CEO, while Mr Frederick Akinfala will serve as Executive Director Finance and Administration, and Mr Mustapha Iyal will serve as Executive DirectorOperationsions.

A statement says the President expects that the necessary apparatuses are expeditiously put in place for the effective take-off of the Fund for the immediate and lasting benefit of Nigerian students and families. i

Bello Wakili