*Appoints Management Team For Nigerian Education Loan Fund.
President Bola Tinubu has approved the appointment of Engr. Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP).
A statement issued on Friday by the President's Special Adviser on Media and Publicity, Chief Ajuri Ngelale, has disclosed this.
The statement said that the appointment was in keeping with the president’s dedicated efforts to ensure financial inclusion and economic prosperity for the majority of Nigerians.
It reads "Engineer 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, Engineer 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 Senior Investment Associate, specializing in financial services (banking, insurance, pensions) at the African Capital Alliance.
"Engineer 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.
"The President expects the new Chief Executive Officer 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, "the statement stated.
In another statement, the President appointed Management Team for the Nigerian Education Loan Fund.
It said "In line with his determination to secure Nigeria's socio-economic future by ensuring sustainable higher education and critical skill development for all Nigerian students and the youth, President Bola Tinubu has approved the appointment of the following qualified Nigerians to serve on the management team of the Nigerian Education Loan Fund (NELFUND):
"(1) Mr. Akintunde Sawyerr - Managing Director/CEO
(2) Mr. Frederick Oluwafemi Akinfala - Executive Director, Finance and Administration
(3) Mr. Mustapha Iyal - Executive Director, Operations
With the appointment of the management team, the President expects that the necessary apparatuses are expeditiously put in place for the effective take-off of this pivotal Fund for the immediate and lasting benefit of Nigerian students and families in all parts of the country.