Nath Ude has been appointed group chief executive officer of CapitalSage Technology Limited, the financial services arm of CapitalSage Holdings.
His appointment took effect from October 13.
As Group CEO, Mr Ude will oversee the company’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.
Ude joins CapitalSage Technology after serving as managing director/CEO of Nova Merchant Bank, where the bank recorded profit growth and maintained zero operational fraud for three years.
He has also held senior roles at Union Bank of Nigeria, First City Monument Bank (FCMB), Standard Chartered Bank (South Africa) and Citibank.
Speaking on his appointment, Ude said, “What excites me most about CapitalSage is its vision and the people driving it, a team committed to building technology that doesn’t just move money but moves lives. I look forward to working with the team to scale our footprint, deepen inclusion, and create lasting value across Africa.”
Chairman of CapitalSage Holdings, Opeyemi Oduwole, said the appointment aligns with the company’s plan to strengthen its growth and expansion strategy across Africa.
“This appointment signals our next phase of growth, one defined by deeper innovation, stronger execution, and pan-African expansion. Nath’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. The Board is confident that he will lead CapitalSage Technology into its next chapter as a key enabler of Africa’s fintech evolution,” he said.
CapitalSage Technology is the technology arm of CapitalSage Holdings, which operates in Nigeria, The Gambia, Kenya and the United Arab Emirates.
The company redefines how Africans save, invest, collect and manage money through seamless, secure and inclusive digital solutions that bridge financial access gaps across the continent.
