BY NKECHI NAECHE-ESEZOBO—The Federal Government has inaugurated the Board of the National Pension Commission,(PenCom), signaling a renewed commitment to accountability, transparency, and the protection of Nigeria’s growing pension assets valued at over ₦28 trillion.
Speaking at the ceremony, the SGF, Senator (Dr.) George Akume, charged members to uphold strong corporate governance while maintaining a clear boundary between oversight and management.
The Board, led by Chairman Agbaje Opeyemi Olukayode, pledged to safeguard contributors’ funds and support national development, while the Director-General Omolola Oloworara reaffirmed commitment to collaboration in delivering secure and timely retirement benefits for Nigerians.
With the new board now in place, expectations are high that it will tackle persistent challenges in the sector, enhance transparency, and fast-track reforms to strengthen and expand the contributory pension scheme.
Other members of the board include PenCom DG, Omolola Oloworaran, Securities and Exchange Commission DG, Dr. Emomotimi Agama; Commissioner (Finance), Dr. Charles Sylvester Emukowhate; Commissioner Administration, Hon. Bello Abubakar Malabu; Commissioner Inspectorate, Hon. Samuel Chigozie Uwandu and Commissioner Technical, Hon. Hafiz Muhammad Kawu Ibrahim.
