Richard Nii-Armah Quaye, founder and Chief Executive Officer (CEO) of Bills Credit, formerly known as Quick Credit Microfinance Company, has retired from his role as CEO.

He has joined a new firm, RNAQ Holdings, as CEO, a move he announced during a media engagement on Monday, April 28, in Accra.

The well-known business mogul also revealed that the leadership of Bills Credit has been taken over by a private legal practitioner, Kojo Dei Kwarteng.

In his acceptance speech, Mr Kwarteng thanked Mr Nii-Armah and the entire management team for considering him for the role.

He also expressed his gratitude to the Bank of Ghana (BoG), the regulator of credit firms, for approving his appointment and promised to adhere to the various rules and regulations governing the operation of credit businesses in the country.

Bills Micro Credit is a financial service provider focused on delivering microfinance solutions to individuals and small businesses, particularly in underserved communities. The organisation aims to empower clients by providing accessible financial services that promote entrepreneurship, financial independence, and overall economic development.

Bills Micro Credit plays a crucial role in enhancing financial inclusion and promoting economic empowerment among individuals and small businesses in its target markets. Its commitment to responsible lending and community development positions it as a key player in the microfinance sector.