Africa Prudential Plc announced the appointment of Mr Oluwaseyi Abe as an Independent Non-Executive Director and Mr. Chidi Okpala as a Non-Executive Director, effective January 28, 2024. The appointments are subject to the approval of the Securities and Exchange Commission (SEC).
Oluwaseyi Abe is the current Managing Director and Chief Executive Officer of Magnartis Finance and Investments Limited. He has built extensive expertise in stockbroking, investment management, and financial services. His experience also includes serving as the Chief Dealer at Lead Capital Limited before joining Magnartis Finance and Investments Limited in 2006, where he was seconded as Chief Investment Officer to AIICO Pension Managers Ltd.
He served as the President and Chairman of the Council of the Chartered Institute of Stockbrokers in 2015 and has contributed to keyboards and committees of regulatory institutions, including the Nigerian Exchange Group (NGX), the Securities and Exchange Commission (SEC), and the Central Bank of Nigeria (CBN). His career is a testament to his dedication to excellence, innovation, and leadership in the Nigerian financial markets.
Chidi Okpala is the visionary leader of Asante Financial Services Group, a credit-led fintech driving business growth for MSMEs across Kenya, Uganda, and Rwanda. Under his leadership, the company successfully onboarded over 520,000 MSME customers, offering embedded digital credit solutions within the value chains of large corporates.
He streamlined credit processes, reducing loan application-to-disbursement time to under 60 seconds, and secured over 20 high-impact B2B partnerships across key industries, including Telecommunications, Banking, Payments, Insurance, eCommerce, Mobility, and FMCG sectors. Additionally, Chidi has played a pivotal role in raising $15 million in equity, debt, and convertible debt financing to fuel the company’s expansion.
The company expressed confidence that the new directors will contribute to its strategic direction and overall performance. This move aims to strengthen stakeholder trust and support the company’s long-term growth objectives.
