CapitalSage Holdings has appointed seasoned banker Nath Ude as the Group Chief Executive Officer of CapitalSage Technology Limited, the financial services arm of the corporation.

According to a statement from the company, the appointment took effect on October 13, 2025.

Ude brings over 30 years of banking experience spanning Africa, Asia, and Europe. Before joining CapitalSage Technology, he served as the Managing Director/CEO of Nova Merchant Bank, where he led the bank to record notable achievements, including over 100 per cent profit growth in 2022, zero operational fraud for three years, and the deployment of Africa’s first Infosys Finacle X1 — a milestone that underscored Nova’s reputation for innovation and operational excellence.

His professional background also includes senior leadership roles at Union Bank of Nigeria, First City Monument Bank, Standard Chartered Bank (South Africa), and Citibank, where he spearheaded several enterprise innovation, process automation, and digital optimisation projects.

At CapitalSage, Ude will oversee the Group’s financial services subsidiaries, including Kolomoni Microfinance Bank (Nigeria and The Gambia), ERCAS, Regius Asset Management, Regius Capital, CreditAssist Investment, Tiki by Kolomoni, and SageBrush Wealth.

Chairman of CapitalSage Holdings, Opeyemi Oduwole, described the appointment as a key step in driving the company’s next growth phase.

“This appointment signals our next phase of growth, one defined by deeper innovation, stronger execution, and pan-African expansion,” Oduwole said. “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.”

In his remarks, Ude expressed enthusiasm about leading CapitalSage’s mission to expand its impact across Africa.

“With over three decades in banking and technology across Africa, Asia, and Europe, I’ve seen how innovation can transform not just institutions but entire economies,” he 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.”

He added that his focus will be on scaling the company’s footprint, deepening financial inclusion, and creating sustainable value across the continent.