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    MarketForces Africa » MarketNews » New D-G PenCom Assumes Duty

    New D-G PenCom Assumes Duty

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 1, 2024 MarketNews No Comments2 Mins Read
    New D-G PenCom Assumes Duty
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    New D-G PenCom Assumes Duty

    The National Pension Commission (PenCom) hereby informs the public that the newly appointed Director-General of the Commission, Omolola Oloworaran, has assumed duties at the commission.

     A statement by the management of the commission disclosed this on Wednesday in Abuja. The statement said that the appointment was to serve in acting capacity pending her confirmation by the senate.

     According to the statement, this is in line with the provisions of Section 26 (1) of the Pension Reform Act 2014. The statement said that Omolola was poised to exploring new frontiers in the implementation of the Contributory Pension Scheme (CPS) by sustaining pension assets on the growth trajectory.

     It added that she ensured increased CPS membership and supported 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.

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

     “She is also 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,” the statement said. Naira Reclaims Value as Foreign Reserves Climb to $36.77bn

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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