Pension News

Appointment & Resignation of Pension Operators’ Board Members and Top Management Q3 2022

The National Pension Commission (PenCom) approved the appointment and resignation of 53 persons from different Board and Top Management positions of 17 Pension Fund Operators (PFOs) during the 3rd quarter of 2022.

There were forty five (45) appointments and eight (8) resignations, forty five (45) persons were appointed to sixteen (16) pension fund operators Board and Top Management positions while eight (8) persons resigned from four (4) pension fund operators’ Board and Top Management position.

Details of Appointed persons to Board and Top Management positions of Pension Funds Operators (PFOs)

S/NName of NomineeOperatorPositionDate of Appointment
1Ms. Cindy AjeleTangerine APT Pensions LimitedHead, Business Development Department4-Jul-22
2Ms. Oluwadeun Deborah PetersSigma Pensions LimitedHead, Finance & Accounts Department5-Jul-22
3Mr. Adedeji Samuel FolaranmiCrusaderSterling Pensions LimitedHead, Investment Department6-Jul-22
4Mr. Mahmud SulaimanGuaranty Trust Pension Managers LimitedHead, Business Development Department7-Jul-22
5Mr. Ajala Omobolaji IdrisGuaranty Trust Pension Managers LimitedCompany Secretary/Head Legal Department7-Jul-22
6Mr. Uzah ChineduLeadway Pensure PFA LimitedHead, Information and Communications Department7-Jul-22
7Mr. Adeyemi AjisafeChevron Nigeria Closed CPFA LimitedHead, Fund Administrator and Benefit Department18-Jul-22
8Mr. Abayomi Dauda SanniARM Pension Managers LimitedNon-Executive Director20-Jul-22
9Mr. Olufemi MeseChevron Nigeria Closed CPFA LimitedHead, Compliance, Risk Management and Internal Control Department20-Jul-22

S/NName of NomineeOperatorPositionDate of Appointment
10Mr. Ugochukwu Kingsley ChibikeLeadway Pensure PFA LimitedHead, Risk Management Department25-Jul-22
11Mr. Micheal OyeleyeStanbic IBTC Pension Managers LimitedHead, Investment Research and Strategy Department26-Jul-22
12Mr. Aliyu Dahiru MohammedTangerine APT Pensions LimitedManaging Director/Chief Executive Officer26-Jul-22
13Miss. Ada ObiajunwaTangerine APT Pensions LimitedExecutive Director26-Jul-22
14Mr. Barret Ishaku KwartongNorrenberger Pensions LimitedAg. Head, Legal Department27-Jul-22
15Mr. Christopher AdeyemiFirst Pension Custodian LimitedNon-Executive Director29-Jul-22
16Mr. Ekpen AtabhujieProgress Trust CPFA LimitedNon-Executive Director3-Aug-22
17Mr. Adedeji Samuel FolaranmiCrusaderSterling Pensions LimitedHead, Investment Department5-Aug-22
18Mrs. Chinyere Chioma EbereSigma Pensions LimitedHead, Corporate Services Department5-Aug-22

S/NName of NomineeOperatorPositionDate of Appointment
19Mr. Olusegun FolarinNestle Nigeria Trust (CPFA) LimitedManaging Director8-Aug-22
20Mr. Ludovic RossiaudTotal E & P Nigeria CPFA LimitedNon-Executive Director10-Aug-22
21Mr. Mustapha HameedNestle Nigeria Trust (CPFA) LimitedFund Manager11-Aug-22
22Mr. Rotimi OkpaiseCrusaderSterling Pensions LimitedIndependent Non-Executive Director11-Aug-22
23Mrs. Stella Ojekwe-OnyejeliFirst Pension Custodian LimitedIndependent Non-Executive Director11-Aug-22
24Mr. Godson Akinwunmi FanimokunFirst Pension Custodian LimitedNon-Executive Director11-Aug-22
25Mr. George OguachubaTotal E & P Nigeria CPFA LimitedNon-Executive Director17-Aug-22
26Jumoke Omo-IbrahimStanbic IBTC Pension Managers LimitedAg. Head, Finance Department17-Aug-22
27Mr. Arinola KoleoluFirst Pension Custodian LimitedHead, Human Capital Management and Development17-Aug-22

S/NName of NomineeOperatorPositionDate of Appointment
28Mrs. Abimbola SulaimanARM Pension Managers LimitedExecutive Director17-Aug-22
29Mr. Damilola OdunaikeNorrenberger Pensions LimitedHead, Treasury and Investment Department23-Aug-22
30Mr. Oluwateniola EleoramoNorrenberger Pensions LimitedNon-Executive Director23-Aug-22
31Mrs. Mosunmola Moyo-BalogunGuaranty Trust Pension Managers LimitedAg. Head, Benefit Administration Department24-Aug-22
32Mrs. Fodunrin Eunice OmotayoUBA Pensions Custodian LimitedAg. Chief Financial Officer26-Aug-22
33Mr. Victor IbeawuchiTotal E & P Nigeria CPFA LimitedNon-Executive Director30-Aug-22
34Mr. Lwanga AgbataNigerian University Pension Management Company LimitedHead, Benefit Administration Department2-Sep-22
35Alhaji Inuwa Isa MohammedLeadway Pensure PFA LimitedNon-Executive Director5-Sep-22
36Mr. Robert ImowoFirst Guarantee Pensions LimitedNon-Executive Director6-Sep-22

S/NName of NomineeOperatorPositionDate of Appointment
37Mr. Herbert WigweFirst Guarantee Pensions LimitedNon-Executive Director and Chairman6-Sep-22
38Mr. Okechukwu NwukeFirst Guarantee Pensions LimitedNon-Executive Director6-Sep-22
39Mr. Fred AsasaTotal E & P Nigeria CPFA LimitedNon-Executive Director7-Sep-22
40Mr. Sarmad SaleemNestle Nigeria Trust (CPFA) LimitedNon-Executive Director12-Sep-22
41Mr. Olumuyiwa AfolabiGuaranty Trust Pension Managers LimitedHead, Operations12-Sep-22
42Mr. Adeniyi AdeyinkaGuaranty Trust Pension Managers LimitedHead, Information and Communication Technology Department14-Sep-22
43Mr. Jude EzenwaSigma Pensions LimitedAg. Head, Contribution Processing Department23-Sep-22
44Mrs. Kemi IzedonmiGuaranty Trust Pension Managers LimitedHead, Corporate Services Department23-Sep-22
45Mrs. Zainab AliyuLeadway Pensure PFA LimitedNon-Executive Director23-Sep-22

Details of resignation from the Board and Top Management positions of Pension Funds Operators (PFOs)

S/NNameOperatorPositionDate Resignation Approved
1Mr. Saheed Ko-ladePension Alliance LimitedHead, Investment Depart-ment26-Jul-22
2Mr. Emmanuel IkazoborARM Pension Managers LimitedChairman27-Jul-22
3Ms. Jumoke OgundareARM Pension Managers LimitedNon-Executive Director27-Jul-22
4Mrs. Jolaade OduntanNorrenberger Pensions LimitedManaging Director/Chief Executive Officer31-Aug-22
5Lateef FalolaGuaranty Trust Pension Managers LimitedHead, Operations5-Sep-22
6Uduak AkpanGuaranty Trust Pension Managers LimitedHead, Benefits5-Sep-22
7Hassan HanbalGuaranty Trust Pension Managers LimitedHead, Fund Accounts5-Sep-22
8Clement Aisedion-OkeziGuaranty Trust Pension Managers LimitedHead, Risk5-Sep-22

Check below for PensionNigeria breakdown of all the important aspects of the PenCom 3rd Quarter 2022 Report

Support PensionNigeria financially with N1,000 per Month HERE, or with any amount HERE
Empower us to do more independent analysis of the Pension Industry in Nigeria


Subscribe to PensionNigeria Daily News Broadcast on WhatsApp, just send “Subscribe” to 08160052802, PLEASE ensure you also save 08160052802 to your contacts as “PensionNigeria” to enable you receive the PensionNigeria News Broadcast.

DONT MISS our 3rd Quarter 2022 Report Series

Director General’s Remarks on PenCom 3rd Quarter 2022 Report
Analysis of Pension Operating Environment 3rd Quarter 2022
Appointment & Resignation of Pension Operators’ Board Members and Top Management Q3 2022
Recovery Agents recover ₦23.30 billion from Defaulting Employers as PenCom takes 19 Employers to Court over Non-Remittance of Pension Contributions in Q3 2022
Update on NSITF & Refund of Pension Contribution to Military & SSS Q3 2022
Lagos State only paid about half of the amount it committed to clear outstanding Accrued Rights of its Retirees
Kaduna State is not fully Implementing Contributory Pension Scheme but seeks PFAs to invest Pension Funds in Kaduna State Bonds
Ekiti State Pays 1st Batch of Retirees under CPS, plans to implement VC for Exempted Employees
Zamfara State exited CPS & PenCom has refund their Pension Contributions but Retirees are still not better off
Update on Benue & Bauchi State Pension Reform Laws
PenCom Engagements with 5 States on Implementation of Contributory Pension Scheme
Update on RSA Transfer System (RTS) 3rd Quarter 2022

Micro Pension Registrations per PFA & Fastest Growing PFAs as at 30 September 2022
Micro Pension Contributions received per PFA Q3 2022
Update on the Micro Pension Plan Q3 2022
List of Organisations Issued Compliance Certificates as at 30 September 2022

Total RSA Registration as at 30 September 2022
Status of Contributory Pension Assets as at September 2022
Biggest PFAs & Fastest Growing PFAs by RSA Registrations 30 September 2022
RSA Registration Age and Gender Breakdown for Q3 2022
PenCom approved over N1.66 Trillion for PFAs to pay RSA Holders as at Q3 2022
Status of Implementation of CPS in States as at 30 September 2022

Also Check out
Performance of all PFAs in Nigeria for January to September 2022 (Year to Date)

Support PensionNigeria financially with N1,000 per Month HERE, or with any amount HERE
Empower us to do more independent analysis of the Pension Industry in Nigeria


Subscribe to PensionNigeria Daily News Broadcast on WhatsApp, just send “Subscribe” to 08160052802, PLEASE ensure you also save 08160052802 to your contacts as “PensionNigeria” to enable you receive the PensionNigeria News Broadcast.

Subscribe to PensionNigeria Daily Newsletter and get Today’s Top Pension News delivered straight into your email box every Evening.
If you have subscribed before and you still do not receive our Newsletter, please check your “Spam Folder”, if you find our Newsletter there, mark it as “NOT SPAM” or move it to your Inbox

Pension is Your Right,
An Insurance for Old Age
Follow PensionNigeria on Social Media LinkedIn Twitter Instagram Facebook YouTube

error: Content is protected.