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Multinational agribusiness, CapitalSage Holdings has announced the appointment of Nath Ude as Group Chief Executive Officer of CapitalSage Technology Limited.
The appointment, according to a statement by the management of the company, took effect from October 13.
The company’s management said Ude’s appointment would aid the company’s ambition to accelerate digital-led financial transformation and consolidate growth across key markets.
The new CEO, according to the statement, will lead the group’s financial services businesses, which include Kolomoni Microfinance Bank (Nigeria and The Gambia), ERCAS, Regius Asset Management, Regius Capital, CreditAssist Investment, Tiki by Kolomoni and SageBrush Wealth.
The statement added that Ude would oversee operations of the company in Nigeria, The Gambia, Kenya and the United Arab Emirate.
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The company said the move was part of the group’s strategy to expand its footprint while advancing its mission to empower individuals and businesses through inclusive technology-driven financial solutions.
Ude was described as a transformational banking executive with more than three decades of experience across Africa, Asia and Europe.
He joined CapitalSage Technology after his distinguished tenure as the Managing Director/CEO of Nova Merchant Bank, during which he recorded major milestones.
He previously held sway as senior executive at Union Bank of Nigeria, First City Monument Bank (FCMB), Standard Chartered Bank (South Africa) and Citibank, where he drove enterprise innovation, process automation and digital optimisation initiatives.
Chairman of CapitalSage Holdings, Opeyemi Oduwole, said: “The appointment signals our next phase of growth, one defined by deeper innovation, stronger execution and pan-African expansion.
“Ude’s experience in technology-led transformation and strategic governance will play a critical role in accelerating our growth strategy and delivering greater value to stakeholders,” he added.
