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

Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said the appointment was in line with the President’s dedicated efforts to ensure financial inclusion and economic prosperity for most Nigerians.

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.

Before 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.

He had 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 he transitioned to finance.

The President said he 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, to expand access to credit for 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.