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CapitalSage overhauls governance to drive growth in financial services

From grassroots lending to a full financial platform, CapitalSage is reshaping its leadership to scale faster. Can this governance shift unlock its next phase of growth?

The image shows a group of men sitting around a table with laptops, water bottles, mobile phones,...
The image shows a group of men sitting around a table with laptops, water bottles, mobile phones, papers, and other objects. In the background, there is a wall with a logo and text that reads "Nigerian Government Launches Digital Governance Programme".

CapitalSage overhauls governance to drive growth in financial services

CapitalSage Technology Group has launched a new Board structure to strengthen governance across its growing financial services operations. The move comes as the company shifts focus from building infrastructure to optimising performance and driving revenue growth.

The updated framework introduces a Group-level holding Board alongside subsidiary Boards for key business areas. This change aims to improve oversight, speed up decision-making, and ensure clearer accountability across the organisation. CapitalSage began as a grassroots lending provider but has since expanded into a full financial services platform. Its operations now include CreditAssist, Kolomoni, Regius, and Ercas, covering payments, remittances, digital banking, credit, and investment services.

The new governance model follows practices seen in leading financial institutions. It balances strong oversight with faster decision-making, helping the Group scale its operations across different markets. Board members will take an active role in supporting business growth, forming partnerships, and engaging with regulators as the company expands.

Nath Ude has been appointed Group Chief Executive Officer to lead disciplined execution across CapitalSage's core businesses. The company's goal is to build scalable financial institutions that operate smoothly across regions while delivering consistent value to stakeholders. The restructured Board marks a key step in CapitalSage's transition from infrastructure development to performance optimisation. With clearer governance and a focus on revenue growth, the Group aims to strengthen its position in financial services.

The new model will also help the company maintain regulatory compliance while expanding its market reach.

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