Ensuring international best practices in the pension industry are observed by the operators in Nigeria.
The Pension Fund Operators Association of Nigeria is an independent, non-governmental and non-political body.
This organization was established to promote the operations of the pension industry, provide for self-regulation and ensure that international best practices relating to the industry are observed by the operators registered in Nigeria.
Vision
Mission
Our Values
(RIKIEE)
The Executive Body
Olumide joined Stanbic IBTC in 2000 and has served in different roles across the Group both within and outside Nigeria. Prior to his appointment as Chief Executive, Olumide was Executive Director, Investments. He was also Head Projects for Wealth, Africa Regions in 2017, as well as Head of Advisory Products for theStandard Bank Wealth and Investment business in South Africa.
Olumide served as the Chief Executive of Stanbic IBTC Asset Management between July 2009 –July 2015. Prior to that, he was an Executive Director in charge of InvestmentManagement for Stanbic IBTC Asset Management and acted as Head InvestmentManagement at Stanbic IBTC Pension Managers Limited where he oversaw various investment strategies and portfolios.
Olumide holds a Bachelor’s degree in Economics, Politics and Government from the University of Canterbury, United Kingdom as well as a Master of Science in Financial andCommercial Regulation from the London School of Economics and PoliticalScience.
Mrs Joy Ojakovo is a highly skilled professional with a wide experience in Management, logistics, warehousing and distribution, product design, business process optimisation. Interested in the evolution of online shopping (eCommerce) business. Excited about new possibilities and possibilities, like to think outside the box. Motivated by challenges - as well as by inspiring others.
Umar Sanda Mairami, HCIB, a 1985 B. Sc. Building graduate of Ahmadu Bello University, Zaria commenced his working career with Habib Nigeria Bank Limited as a Trainee Officer at the Yola branch of the bank on June 1, 1990. Since then, he has ventured into several aspects of banking covering Operations, Business Development & Marketing, Credit Management & Recovery, and Branch Management as well as Branch Operations Coordination at the Head Office.
He joined Intercity Bank Plc in 1999 as Executive Assistant to the Managing Director and doubled as head of Corporate Planning and head of Corporate Promotions departments. He was subsequently redeployed to oversee the Credit Administration Department of the Bank. In recognition of his versatility, Intercity Bank Plc redeployed him to the Training Department as head to enhance the skills of the workforce. Mr. Mairami eventually ended his career at Intercity Bank Plc as Deputy General Manager – Group Head, Corporate Services with supervision spanning over Human Resources, Administration, Financial Control and Information Technology departments. The banking reforms of 2004 resulted in Intercity Bank Plc fusing with eight (8) other banks to form Unity Bank Plc where Umar was appointed as its pioneer Head, Human Capital Management Department. After successfully integrating the human resources of the bank, he was redeployed to the Assets Remediation Department to manage hardcore loans and advances. He ended his five-year career at Unity Bank Plc as Divisional Head, Operations after serving in that capacity for two years.
Mr Mairami an Alumnus of Wharton School of the University of Pennsylvania United States, also obtained a Masters in Business Administration (MBA) from Ahmadu Bello University, Zaria and he is a member of Chartered Institute of Bankers.
He joined the pension industry on September 19, 2011, when he assumed duty as Executive Director at Legacy Pension Managers Limited. He has during his six-year service at Legacy Pension Managers Limited held the positions of Executive Director, Operations & Services as well as Executive Director, Business Development & Investments. These two positions afforded him the opportunity of direct supervision of both the market-facing and support departments. He also acted as Managing Director during the absence of the substantive Chief Executive Officer.
Godson Ukpevo holds a Masters’ degree in Banking and Finance from the University of Lagos, an MBA from the Enugu State University of Technology and a Bachelors’ degree in Sociology and Anthropology from the University of Benin.
He has worked in senior and executive management positions in various organizations across different sectors. These include Ecobank Nigeria Limited, First City Monument Bank, former Citizens International Bank and Clay Grounds Agro. Allied Company.
He has also played strategic roles in the reforms in the Nigerian Pension Industry in particular, the old Defined Benefit Scheme of the Federal Government as the pioneer Director and Head of the Civil Service Pension Department of the Pension Transitional Arrangement Directorate, PTAD
He has attended several trainings in financial management, sales and marketing, credit risk application and change management organized by top institutions like Citigroup Inc., INSEAD Business School, FitchLearning, Arthur Anderson & Co in New York, Fontainebleau, London and Lagos.
Lanre Idris is the current Managing Director & Chief Executive Officer of Leadway Pensure PFA Limited, one of the leading PFAs in the country. The company was licensed by the National Pension Commission, PenCom in 2005 as one of the pioneer PFAs in the Nigerian pension industry.
Prior to his appointment as Managing Director, he had served as the Executive Director/COO of the organization during which period, the company witnessed superlative growth. Lanre has also served in a number of senior management positions in other institutions. He was formerly the Chief Technology Officer (CTO), Prestel Communications Ltd, Benin and General Manager, Tehila Communications Ltd, Lagos. He has extensive experience in Leadership, Information Systems, Governance, Risk and Business Process management, and has participated in many local and international seminars in those subject areas.
He is an alumnus of the Obafemi Awolowo University, Ile-Ife and the University of Liverpool, from where he obtained a degree in Electrical and Electronic Engineering and Postgraduate diploma in Information Systems Management respectively. Lanre has undergone several certificate and Executive Education courses in Leadership, Strategy, Finance and Investment at various institutions including the Lagos Business School, London School of Economics and The Wharton College of the University of Pennsylvania.
He is a member of the Information Systems Audit and Control Association (ISACA), Institute for Operational Excellence (IOE), the Chartered Institute for IT and the International Institute for Business Analysis (IIBA).
Lanre has contributed his own part to the growth of the pension industry in Nigeria, having served on a number of industry committees including being the Chairman of the industry shared services committee.
He is passionate about sports and nature conservation, and he’s a lifelong fellow of the Nigerian Conservation Foundation (NCF).
Mr. Oloruntimilehin (Timi) George, is a seasoned banker with cognate experience spanning well over 25 years at various local and international banks; he assumed office as Managing Director/ Chief Executive Officer of First Pension Custodian Nigeria Limited in March 2020.
Prior to this, he served as Group Head, Financial Institutions and Multilaterals at First Bank of Nigeria Limited.
Timi has a background in Business Administration and holds an MBA in Strategic Management. He is an alumnus of the Lagos Business School and has a number of notable fellowships at institutions such as the Institute of Strategic Management, Institute of Brand Management and Institute of Credit Administration and is a Graduate Member, Nigerian Marketing Association, Associate Member, Nigerian Institute of Management, Member, National Association for Family Development (NEFAD), and Honorary Member, Chartered Institute of Bankers of Nigeria and is a Member of the Institute of Directors (IOD).
Since assuming office, he has brought his indefatigable zeal and passion for excellence to bear on the entire organization and has embraced the challenges that have come with the COVID-19 pandemic with the utmost sense of responsibility. He remains undeterred in his quest to leverage his track record of leadership and in-depth knowledge of financial markets to drive the organization's audacious growth plans. His vision is to revolutionize the pension industry by transforming customer experience by leveraging technology to drive business efficiency.
Timi is a music aficionado and an ardent lover of football; he enjoys reading and having robust debates about economic empowerment.
Oguche is currently the Chief Executive Officer (CEO) of the Pension Fund Operators Association of Nigeria (PenOp). In this role he leads the efforts of Nigeria’s pension industry in engaging regulators, the government, the media, financial markets and other stakeholders in order to ensure that the interests of the pension operators are protected and promoted and also in ensuring that the pension industry has a positive effect on National Development.
Oguche was previously Nigeria’s Regional Director for OurCrowd, a crowd funding and venture capital firm with headquarters in Israel. He was also previously the Chief Investment Officer/Executive Director of a growing integrated real estate and alternative asset management company
Prior to this, he worked as a Special adviser to Nigeria’s Minister of Industry, Trade and Investment. His portfolio was “Access to Finance”. In this role, he advised on and implemented policies, strategies and programmes that could help to increase access to finance for Nigeria’s teeming entrepreneurs.
Prior to this, he worked with Standard Chartered Bank as an associate Director in their Lagos office, where he was in charge of the credit quality of a portfolio of assets worth USD 7 billion dollars. This included various loan products and derivatives to banks, the government and sovereign owned enterprises (SOEs) in Nigeria. In Standard Chartered, he had short term assignments in South Africa and London, working in the Risk management, Credit and Corporate Finance functions. In Standard Chartered Bank he held various roles spanning operations, Risk management & Credit, financial institutions and strategy.
He possesses a degree in Banking and finance (University of Lagos) and is a fellow of the Chartered Institute of Bankers Nigeria and an associate of the Chartered Institute of Stockbrokers Nigeria.
He is an avid writer and he has a column in some local and international mediums where he writes and advices on strategy, finance, entrepreneurship and emerging markets.
He is deeply involved in community work, as he mentors a group of volunteers, focusing on building global businesses and leaders out of Nigeria
He is a firm believer in Nigeria, married to his best friend and they have two boisterous children
He has been privileged to experience life as an entrepreneur, a policy maker and an employee in a world class organization operating in an emerging market. These varied experiences have enabled him to appreciate life and business from different perspectives arming him with a unique blend of the excellence of the private sector and the social impact objective of the public sector.
People of PenOp
Oguche Agudah (fondly called "Mr Oguche") is mostly described as someone with a very calm personality. Sometimes he is referred to as a professor and other times, Mr. Nigeria. What keeps him going is the opportunity to make Nigeria better in everyway that he can. Oguche's father is his greatest inspiration.
Oguche is a huge supporter of Manchester city and watching football is his hobby. If he were to have super powers, he would love to read minds and be able to shoot laser beams from his eyes. His favourite music genre is gospel and R&B. He honestly thought he would make it to the NBA when he was younger.
To start his day, he loves to meditate, think and pray. His favourite food is Pounded yam and Sea food Okro. His is an early riser and mornings are his favorite times of the day, although he is okay to work at anytime during the day. Most times the team is always like, "where does he get so much energy ???"
Oguche used to be a member of a music group in secondary school and he was the fastest guy in his class while he was in primary school but we do not know where all that speed has gone!
His best piece of advice was from his father: "The higher you go, the more humble you should be become" and his personal advice to his younger self and generation is "Don’t fret! Everything will work out well in the end"
Adaobi Okoye (fondly called "Ada") is an exceptional team member who strives to continuously improve herself. During her formative years, her aspiration was to become a Doctor, but as she matured, she became a highly sought-after manager in Human Resources and Training.
People who are closest to her would describe her as an intentional, caring, and friendly person. She hails from Anambra state and enjoys spending time watching movies and socializing with friends. Some interesting tidbits about Adaobi include her love for high-life music (specifically Cavemen), her fondness for pasta, and her enjoyment of boat cruises.
Her favorite time of day is during late hours, which is also when she prefers to work. She begins her day with a cup of coffee, allowing her to start off with a positive mindset. When it comes to food, her top choices are Pasta or Spaghetti, as well as Beans and Plantain.
To her younger self and the younger generation, she offers the advice to "always remain true to oneself, and to put in the necessary effort for everything they desire and require. She stresses on the importance of being intentional, consistently striving forward, being bold and courageous, and most importantly, never ceasing to learn"
Chidi Solomon (fondly called "Chidi", A.K.A. GFO). He is a chartered account par excellence and has so much interest in technology and how it can be used to impact the world around him.
He loves to start his day with prayers and he also loves to work in the early hours of the day so that he can relax very well in the later hours of the day. He loves to play chess and any other board game.
His favourite food is beans and plantain and he is so much of a team player.
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Mayomikun Obadofin (fondly called "Mayo") brings fire to the team. She’s a coffee-lover and a huge fan of Pop and Alternative music. She’s also very much into docuseries and action movies.
She is passionate about global impact and the Sustainable Development Goals particularly SDG 10. She spends her time exploring new ways to make her life and the lives of those around her much better. Other times she enjoys being outdoor chilling with family or friends. No kidding, she is a huge vibe and would love to have telepathic powers in her next life.
Mayo LOVES food and her favourite is Jollof rice, peppered gizzard, chicken and salad with orange or pineapple juice. Her favourite time of the day is mornings because she has more motivation and great vibes to boosts her productive energy for the day.
Mayo’s advice to her younger self is that “People are going to tell you what you can and can’t do, but always remember that life is diverse and extravagant and for that reason, choose to live intentionally and on your own terms. Let your happiness come from within”.
Akinbola Akintola (fondly called "Akin") is a hard core Manchester United fan who loves to watch animation (anime). Members of the team love to refer to him as "Omo Ibadan", he is a true son of his fatherland. Akin is cool, calm and collected.
He loves Electronic dance music (EDM) and his favourite movie is Godfather part one. He can't seem to get over the opening scene of the movie, he says it is legendary.
He is the only member on the team that can take tea any day, any time. You barely find him posting his pictures on social media because he thinks that hackers will copy his details and use it against him one day.
But then, he is an "efiko" (A bookie). And he would always advice people "not to overly concern themselves with things outside their control".
Olajumoke Akinwa (A.K.A. Jumz). She is her own boss who is a also a great cook. She is inspired by excellence, and that comes out in everything she does, so you have to be smart to be around her.
She is from Ondo state with a degree in Mass communication and she loves pounded yam and egusi soup - you need to check out her vlog on this.
Her hobbies include cooking, watching movies & documentaries and creating content for the online space (Blogger extraordinaire). She wants to have superpowers where she can read the minds of people. She is a huge supporter of Manchester United.
The early mornings are her favourite time of the day. She says it is peaceful and a quiet and that time of the day cannot be bought.
Her advice to her younger self is "to not be afraid to dream, because there is no impossiblity".
Harrison Egbudu (fondly called "Harry") is an excellent team player and the go-to person in the office for work related matters and chills. He is a amazing dancer who loves to break dance, listen to gospel drills and songs that generally have drill beats. He is a huge fan of Liverpool footbal club
He bagged a degree in systems engineering and he loves to watch movies at his leisure time. He does not love animations but he can watch Avatar; the last airbender every year.
He is from Delta state and his close friends describe his a problem-solver, a cheerful giver and a very well collected person. If he were to have superpowers, he would want to have healing powers. HE loves pounded yam with garnished egusi soup and party jollof rice with chicken.
Till date, he is mostly inspired by his mom and his advice to the younger generation is to "stay true to themselves and never be afraid to fail as success is not final, failure is not fatal but it is the courage to continue that really matters".
Eunice Akinboade (fondly called "Eunice") originally hails from Oyo state. She loves listening to music and loves watching animations. She bagged a degree in Accounting, a field she had always imagined to graduate from, right from childhood.
Eunice is a very empathetic soul. She is very emotional and loves to take tea preferrably in the morning before starting her daily duties. She can read a document or an email over a 100 times before sending just to make sure it is accurate.
She is an introvert who would love to be able to read the minds of people and her best food is noodles. If she could be in any movie, she would love to play a part where she gets to live happily ever after.
She loves to explore and discover new things. Her advice to her younger self is that "People's opinion of who you are does not determine what you will be".
originates from Ogun state and draws inspiration from the achievements and accomplishments of Ngozi Okonjo-Iweala. During her childhood, she aspired to become the Minister of Finance, Budget, and National Planning, or possibly even the Governor of the Central Bank of Nigeria. Aminah continues to hold onto these ambitious goals for her future.
Her closest friends often characterize Aminah as reserved, highly focused, and an attentive listener. In her leisure time, she enjoys watching animated films, listening to the radio or catching up on the latest news, hanging out with loved ones, and playing lawn tennis. The Golden State Warriors is her favorite basketball team, while Serena Williams is her preferred athlete to watch when it comes to tennis.
She doesn't have a single favorite food because she loves them all and believes that choosing one over the others might hurt their feelings. Her day always begins with a prayer, and her ultimate aspiration is to contribute towards making the world a safer and better place.
The most valuable advice that she has been given is "Rough seas will be calm, whatever difficulty you are going through as a person, it will go or heal with time, just hang on and enjoy the ride"
Chukwuemeka Umeaku (fondly called "James") is a fun person and of course supports Liverpool FC (YNWA).
He loves to perform his activities in the morning as he is an early riser. He prefers to take tea to start his day and never likes to be caught unfresh. His favourite food is Rice and beans.
He bagged a degree in Political science and has huge interest in politics. To start his day, he listens to devotional talks or reads devotional books and exercise. He loves to play volleyball and listen to gospel songs.
Growing up, he wanted to become a lawyer and if he had superpowers, he would love to be a time traveller. His advice to younger people is to "Prioritize their happiness as your happiness is dependent on you".
Oluchi Ugwu (fondly called "Precious") brings a whole lot of vibe to the team and she loves dancing.
She bagged a degree in Political science and Religion. Fun facts about her is that she loves fried foods like fried chicken, fish and plantain but can not eat them because of allergies. She is a huge supporter of Manchester United and she is her own personal life instructor.
She hails from Enugu state and she is a wonderful Fashion Designer. To start her day, she takes a cup of water, does a 30 minutes stretch routine while singing (as usual) to herself or listening to music. She can take tea and coffee anytime during the day. She loves to exercise, play games and hangout with people dearest to her.
Her best piece of advice is "Stay true and honest to yourself. Don't try to impress anyone because the unhappiest people are those who care the most about what others think".
Past Presidents of PenOp
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