BY NKECHI NAECHE-ESEZOBOR–The newly appointed Director-General of National Pension Commission (PenCom), Omolola Oloworaran, on Wednesday assumed duties at the Commission, to serve in acting capacity pending her confirmation by the Senate, in line with the provisions of Section 26 (1) of the Pension Reform Act 2014.
President Bola Tinubu announced Oloworaran as the new director-general of the Commission in a statement signed by his Special Adviser to the President (Media & Publicity), Ajuri Ngelale.
He described her as a finance and banking expert with many years of experience.
“The President anticipates a goal-oriented leadership to drive efficiency and superlative performance in the National Pension Commission as the prime regulator of the Nigerian Pension Industry,” he said.
Oloworaran is a Fellow of the Association of Chartered Certified Accountants (ACCA), Omolola brings to PenCom over 20 years of experience in the financial services industry.
She is an accounting graduate from the
University of Ilorin and holds a Master of Business Administration (MBA) degree from the Manchester Business School. She has worked extensively in renowned investment and commercial banks in Nigeria until her current appointment.
Oloworaran is poised to explore new frontiers in the implementation of the Contributory Pension Scheme (CPS) by sustaining pension assets on the growth trajectory, ensuring increased CPS membership and supporting coverage expansion initiatives.
She is committed to the expeditious payment of retirement benefits while deepening the
pension investment horizon for enhanced returns to contributors and retirees.
