At a recently concluded board meeting of Asset & Resource Management Company Ltd (“ARM”) in Lagos, Chairman of ARM, Felix Ohiwerei announced Jumoke Ogundare, the former deputy Group CEO as the new Group CEO. This follows the resignation of the former Managing Director and CEO, Deji Alli who led the company since its inception in 1994.
Also with Jumoke Ogundare is Sadiq Mohammed, who was announced as the Deputy Group CEO. Their new leadership role is to continue ARM’s tradition of Service and Excellence, as well as effectively manage and sustain the Firm’s growth into the future.
According to the Chairman, this transition arrangement will augur well for ARM in terms of continuity of its strategy to remain an enviable player within the asset management industry and capability to continue to adapt in a fast changing financial services industry is already in place.
ARM is one of Nigeria’s most prominent integrated non-bank financial services Firm, offering wealth creation opportunities of traditional asset management and alternative investment services.
With Assets under Management of circa N551 billion 1, ARM has an AA- rating from Agusto and Co. and was recently named Best Fund Manager, Nigeria 2013 by Capital Finance International. The Firm is regulated by the Nigerian Securities and Exchange Commission (SEC). ARM is headquartered in Lagos, Nigeria with offices across the country.
