JUST IN: Tinubu appoints new CEO for consumer credit corporation

President Bola Tinubu on Friday approved the appointment of Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation.

Nwagba’s appointment is “In keeping with his dedicated efforts to ensure financial inclusion and economic prosperity for the majority of Nigerians,” said the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, in a statement he signed Friday.

The statement is titled, ‘President Tinubu appoints Chief Executive Officer of the Nigerian Consumer Credit Corporation.’

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, he 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 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.

Ngelale said the President expects the new CEO 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 to 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.”