CRC Credit Bureau gets new chairman

CRC Credit Bureau Limited has announced the appointment of Joel Owoade as the new chairman of its board of directors.

He is currently the group chief credit officer at United Bank for Africa Plc and was unanimously appointed during the board meeting held last week, according to a statement.

“I am deeply honored by this appointment and grateful for the confidence the board has placed in me,” said Owoade.

“CRC Credit Bureau has a vital role in Nigeria’s financial infrastructure, and I am excited to work with the talented team here to enhance our service offerings, promote financial inclusion, and contribute to the growth and stability of the Nigerian economy,” he said.

Owoade succeeds Olusegun Alebiosu, acting group managing director/CEO

of First Bank of Nigeria, who has served out his term with distinction as chairman.

Alebiosu’s leadership tenure was marked by a commitment to innovation, customer service, and stakeholder engagement.

Owoade brings over two decades of experience in the financial services industry, with a strong background in credit risk management, strategic planning, and regulatory compliance.

He holds an M.Sc. in banking and finance from the University of Ibadan, Nigeria, and qualified as a member of the Institute of Chartered Accountants of Nigeria in 1991.

He also serves as the vice president of the Chartered Risk Management Institute of Nigeria. His academic background and professional qualifications have equipped him with a deep understanding of the financial landscape, enabling him to make significant contributions to the institutions he has served.

In his previous roles, Owoade has demonstrated exceptional leadership and a deep understanding of the complexities of credit risk.