CapitalSage Technology Group has announced the constitution of a new board as part of efforts to reinforce corporate governance and support its expansion across African markets and international financial ecosystems.
The fintech company said the development aligns with its long-term strategy to scale its operations across payments, remittances, digital banking, credit, and investment services for both individual and business customers.
Speaking on the development, the Group Managing Director, John Alamu, noted that the newly inaugurated board will play a critical role in accelerating growth while improving oversight across the organisation’s expanding portfolio.
He explained that the company is transitioning into a more structured governance model designed to match the increasing complexity of its operations and market reach.
Brandspur Banking News Desk gathered that the new framework introduces a group-level holding board alongside subsidiary boards overseeing key business verticals, including payments infrastructure, banking, credit and investments, as well as international operations.
According to Alamu, the restructuring is aimed at enhancing decision-making processes, strengthening accountability, and ensuring better coordination across all units within the group.
He said the organisation remains focused on addressing core infrastructure and operational challenges, with emphasis on reliability, scalability, and performance as it expands its footprint globally.
Reflecting on the company’s evolution, Alamu stated that CapitalSage has grown from its early beginnings in grassroots lending into a comprehensive financial services ecosystem. Its portfolio now includes structured credit through CreditAssist, digital banking via Kolomoni, asset and capital market services through Regius, and payments infrastructure powered by Ercas.
He added that the founding vision remains centred on expanding access to functional and efficient financial systems for users across different markets.
Also speaking, the Chairman of the Board, Samsudeen Opeyemi Oduwole, described the new governance structure as a significant milestone in the company’s journey, noting that stronger oversight mechanisms are essential as the business scales.
Similarly, Dr Yemisi Shittu, Executive Director, Corporate Services, said the organisation is deliberately building a long-term institution anchored on governance, performance, and sustainability.
The company maintains that the new board structure will support its ambition to deepen its presence in existing markets while exploring new opportunities across global financial services sectors.
