Christopher Bajowa has been unanimously elected by his colleagues as the new President of the Pension Fund Operators Association of Nigeria (PenOp) following the retirement of the previous President and MD/CEO of Premium Pensions, Umar Mairami.
Mairami’s retirement had created a vacuum, necessitating a quick election process which led to the emergence of Christopher Bajowa, the Managing Director/Chief Executive Officer FCMB Pension Limited as the new President of PenOp. He will complete the term of the previous President, which will end in March 2026.
Mr. Bajowa in his acceptance speech said he will continue to uphold the ideals of the industry, ensuring that the RSA holders are prioritized. He also committed to continue the work of ensuring that pensions positively affect every aspect of Nigeria’s economy. He thanked his colleagues for electing him and committed to upholding the high standards expected of the role.
Speaking on the election, the Chief Executive Officer of PenOp, Oguche Agudah said the smooth transition shows the strong governance process within the association and the commitment to sound leadership and respectful relationships between the pension operators geared towards the overall aim of ensuring that every Nigerian benefits positively from the pension industry.
It’s been two decades of the pension industry in Nigeria and through these years impacting lives from the public fiscal management, equity market, infrastructure development and the industry. PenoP says it is primed to do more in the coming years.
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