In a strategic move to bolster the nation’s financial sector, President Bola Ahmed Tinubu has appointed Otunba Aderemi Abdul-Bojela, the Executive Chairman of United Technologies Limited, as the new Board Chairman of the Consumer Credit Corporation (CREDICORP). This significant appointment underscores the administration’s commitment to enhancing consumer credit services and promoting financial inclusion across Nigeria.
Otunba Abdul-Bojela brings a wealth of experience and visionary leadership to his new role. His extensive background in the financial and technology sectors positions him well to drive significant improvements and innovations within CREDICORP. His leadership is expected to play a crucial role in aligning the corporation’s activities with the administration’s broader economic growth and development agenda.
In addition to Otunba Abdul-Bojela’s appointment, several other distinguished professionals have been named to the CREDICORP Board, each bringing their expertise and dedication to the corporation’s mission. The new Board members are:
1. Engr. Uzoma Nwagba – Managing Director/Chief Executive Officer
2. Mrs. Aisha Abdullahi – Executive Director (Credit, Risk & Portfolio)/CRO
3. Ms. Olanike Kolawole – Executive Director (Operations)/COO
4. Dr. Armstrong Ume Takang – Non-Executive Director (MOFI Nominee)
5. Dr. Peter Iwegbu – Non-Executive Director (NIMC Nominee)
6.Mr. Mohammed Nasiru Abbas – Non-Executive Director (FMITI Nominee)
7. Mr. Marvin Nadah – Non-Executive Director (FCCPC Nominee)
8. FMF Representative – Non-Executive Director (FMF)
President Tinubu expressed confidence in the new Board’s ability to bring their vast experience, competence, and dedication to bear in fulfilling CREDICORP’s mandate. The Board is tasked with accelerating access to consumer credit for millions of Nigerians, a move that is anticipated to stimulate economic activity and support the nation’s development goals.
This reshuffle at CREDICORP is seen as a pivotal step towards creating a more inclusive and dynamic financial ecosystem, where consumer credit services are accessible to a broader segment of the population. The administration’s focus on financial inclusion is expected to drive sustainable economic growth and improve the quality of life for Nigerians.