Pension

Oloworaran Assumes Duty As PenCom DG

By Sunday Etuka, Abuja

The newly appointed Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has assumed duties to serve in acting capacity pending her confirmation by the Senate, in line with the provisions of Section 26 (1) of the Pension Reform Act 2014.

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PenCom, in a statement on Wednesday said, Omolola is poised to explore new frontiers in the implementation of the Contributory Pension Scheme (CPS) by sustaining pension assets on the growth trajectory, ensuring increased CPS membership and supporting coverage expansion initiatives.

She is committed to the expeditious payment of retirement benefits while deepening the pension investment horizon for enhanced returns to contributors and retirees.

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A Fellow of the Association of Chartered Certified Accountants (ACCA), Omolola brings to PenCom over 20 years of experience in the financial services industry.

She is an accounting graduate from the University of Ilorin and holds a Master of Business Administration (MBA) degree from the Manchester Business School.

She has worked extensively in renowned investment and commercial banks in Nigeria until her current appointment.

Oloworaran was appointed by President Bola Tinubu, about three weeks ago, after the sack of the former Director -General, Mrs. Aisha Dahir-Umar.

The President anticipated a goal-oriented leadership to drive efficiency and superlative performance in the National Pension Commission as the prime regulator of the Nigerian Pension Industry.

 

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