Business Day (Nigeria)

Digital Space Capital announces Abubakar, Etsu Nupe, as new board chairman

…Unveils new corporate governance structure

- SEYI JOHN SALAU

The management of Digital Space Capital (DSC), a Lagos-based financial service provider, has announced the appointmen­t of Yahaya Abubakar, the Etsu Nupe and head, Niger State Council of Traditiona­l Rulers, as its new chairman, board of directors.

‘The appointmen­t of Etsu of Nupe as our new chairman is in line with the vision of working with individual­s of values and also in line with the company’s vision to have a nationalis­tic outlook,” Olubukola Abitoye, the chief executive officer of DSC stated during the recent ‘The Quantum Leap 3’ event in Lagos.

In unveiling the firm’s new corporate governance structure in Lagos, Abitoye disclosed that the fund managed by the firm has exceeded N10 billion, which is part of DSC achievemen­ts in the past financial year. “Our dream is to be the first fully digitalize­d commercial bank in Nigeria; offering a seamless banking service without the four-walls of a building,” she stated.

On the company’s appointmen­t of a new chairman, Abitoye said it is in line with the company’s vision of working with individual­s of values. “At this juncture, it is important to let you know that your support, partnershi­p, and trust in us with our processes and strategies will definitely lead us to the promised land - which will be unveiled during our three years projection. If we have only walked a mile in 28 months, with your support, we will do 100 miles in 6 months,” Abitoye stated.

The DSC new board chairman and Etsu of Nupe commended Abitoye and the management team for all the steps taken so far and promised his total support for DSC. He also called for continuous support and encouragem­ent for women and youth in Nigeria, adding that they play a significan­t role in the growth of Africa’s largest economy.

“My first meeting with Abitoye was a few months back in Lagos, she came to brief me about her mission and vision, I saw in her a committed and dedicated lady who is very much out to accomplish something for the benefit of humanity,” he said. I noticed we share similar aims and objectives of conducting business.

“Women are contributi­ng immensely to the economic developmen­t of this country and they need a lot of encouragem­ent either through soft loans or interventi­ons. This company is in that frame to help women and youths who don’t have jobs with capital acquisitio­n, and implementi­ng government’s policies beneficial to Nigerians,” Abubakar stated.

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