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Wale Odutola Emerges New President Of PenOp

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The Managing Director of ARM Pensions, Wale Odutola has emerged the new president of Pension Fund Operators Association (PenOp).

Odutola, was elected president along other new Executive Committee members wbho were elected at a recent poll conducted by the association.

He is expected to run the helm of affairs of the association till 2022.

He takes over from Mrs Ronke Adedeji, CEO of Leadway Pensure Limited who held the position since 2018.

Prior to his election, he was the association’s Head of Media and branding.

In his acceptance speech, he thanked Mrs Adedeji for her strong and visionary leadership over the last two years and pledged to continue the work that she and the previous executive committee started.

He said that the focus of the industry under his tenure would continue to be in ensuring wider coverage of the scheme, promoting ethics within the industry, ensuring that the pension industry contributes to national development, greater engagement with the government and regulators and general up-skilling of pension operators.

Other members of the newly elected Executive Committee are Mr Akeeb Akinola, (CEO of Shell Closed Pension Fund Administrator) who was re-elected as the Vice President of the Association; Mr Bayo Yusuf (CEO of UBA Pension Custodian Limited), who retained his position as the Treasurer of the association; Mr Eric Fajemisin, (CEO of Stanbic IBTC Pension Managers Limited) elected as the Head of the Technical Committee of the Association.

Others are Mrs Amaka Andy-Azike (CEO of Fidelity Pension Managers Limited) as the Head of Media and Branding Communications for the association, and Mrs Glory Etadouvie (CEO of IEI Anchor Pension Managers Limited) steps in as the Head of Legal, Regulatory and Ethics Committee for the association.

Speaking on the emergence of a new president in the association, PenOp Chief Executive Officer, Mr Oguche Agudah, said the election was a testament to the sound corporate governance practices of the association and the cohesion that has been built within the pension community over the recent years.

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