BY NKECHI NAECHE-ESEZOBOR—The Pension Fund Operators Association of Nigeria (PenOp) has announced the election of Mr. Donald Onuoha as its new President and Chairman of its Executive.
Donald is currently the Managing Director/Chief Executive Officer of Fidelity Pension Managers Limited.
He was elected by members of the Association to lead its Executive Committee and provide strategic direction for the pension industry.
The newly constituted Executive also includes Blessing Ogwu, MD/CEO of UBA Pensions Custodian Limited, as Vice President and Vice Chairman; Benjamin Okorie-Agidi, MD/CEO of TotalEnergies EP Nigeria CPFA Limited, as Treasurer; Ehis Uzenabor, MD/CEO of Shell Nigeria CPFA Limited, as Member and Chairman, Technical Committee; Aliyu Atiku, MD/CEO of NUPEMCO, as Member and Chairman, Legal, Regulatory and Ethics Committee; and Adeola Oyegbade, MD/CEO of GT Pension Managers Limited, as Member and Chairman, Branding and Communications Committee.
In his acceptance speech, Donald Onuoha thanked members for the confidence reposed in him, stating that he would continue to uphold the ideals of the pension industry while prioritising the interests of Retirement Savings Account (RSA) holders.
He added that he would work to deepen pension penetration, strengthen stakeholder engagement, and ensure the industry continues to contribute meaningfully to Nigeria’s economic development.
He also pledged to work closely with the Executive Committee and other stakeholders to sustain industry progress and drive initiatives that enhance transparency, trust, and efficiency across the pension ecosystem.
Speaking on the development, the Chief Executive Officer of PenOp, Anthonia Ifeanyi Okoro, said the emergence of the new leadership reflects the Association’s strong governance framework and commitment to continuity.
She noted that the smooth transition underscores the unity among operators and their shared objective of ensuring that the pension system delivers sustainable value to all Nigerians.
PenOp is the umbrella body for all licensed Pension Fund Administrators in Nigeria and remains committed to promoting a robust, transparent, and inclusive pension industry.
