By Henry Uche, Lagos

The newly elected president of the Pension Fund Operators Association of Nigeria (PenOp), Mr. Umar Mairami has pledged to make a positive impact in the lives of Nigerians under the Pension Umbrella.

Mr Mairami took over from Olumide Oyetan, whose tenure as President ended on March 31, 2024. Shortly after the handover, he alongside other elected and re-elected executives agreed to carry on the ideals of the association and work to ensure harmonious relationships within the industry and to continue to maintain high standards of ethics and integrity within the industry.

Mairami, who is also the managing director/chief executive officer of Premium Pension Limited, also pledged to work with all stakeholders to ensure that the industry keeps growing through laudable initiatives to deepen pension penetration and awareness in the country.

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He recognises the need to increase pension acceptance both in public and private sectors through enhanced awareness and partnership with relevant stakeholders, saying his administration will continue from where his predecessors left it.

Moreover, Joy Ojakovo, who is the General Manager of Progress Trust Closed Pension Fund Administrator, was re-elected as the Vice President, while the Head of Legal & Regulatory, Godson Ukpevo, was re-elected.

A New treasurer of the association was also elected, Mr Peters Eledu who is the MD/CEO of Zenith Pensions Limited. A new head of Media, branding and communication in the person of Donald Onuoha, who is also the MD/CEO of Fidelity Pensions Managers Limited was elected.

Speaking on the elections and handover, The Chief Executive Officer of PenOp, Mr Oguche Agudah said times of transitions and elections can be challenging within the life of an association if not handled well saying, “We have put in place mechanisms to ensure that it’s smooth, seamless and the strategic direction of the industry is preserved based on a shared commitment.”