Abimbola Sulaiman has been named Acting Managing Director/CEO of Access ARM Pensions, according to information on the company’s website.
She succeeds Dave Uduanu, former MD/CEO, who is stepping down due to PenCom’s tenure rule limiting PFA Managing Directors to ten years of service.
With over 20 years’ experience locally and internationally, Sulaiman previously led investment divisions at Access ARM Pensions, ARM Pension Managers, and held roles at Fidelity Management & Allan Gray.
Abimbola Sulaiman succeeds Dave Uduanu, who remained MD/CEO after Access Pensions’ formation but is leaving due to PENCON’s rule limiting PFA MDs to ten years.
Acting MD Sulaiman previously served as Executive Director of Investment at Access ARM Pensions, where she led the firm’s investment strategy and managed portfolio performance.
She also served as Executive Director of the Investment Division at ARM Pension Managers, driving growth, asset optimisation, and overall investment performance.
Her international experience includes roles at Fidelity Management & Research and Allan Gray, and she holds a B.Sc. in Chemical Engineering, an MBA from Wharton, and is a CFA Charterholder.
She now serves as Acting MD/CEO of AccessARM Pensions and would oversee the company’s operations and investment activities.
In October 2024, Access Holdings completed its merger with ARM Pensions Managers, forming Access ARM Pensions Limited (AAPL).
The merger with ARM Pensions followed regulatory approval for Access Golf Nigeria Limited to acquire a majority stake in ARM Pensions Managers, announced on October 2, 2024, via the NGX disclosure platform.
AAPL is adequately capitalized and operates within Pension Reform Act (PRA 2014) guidelines, providing retirement fund administration services to public, private, and informal sector clients.
As part of Access Holdings, AAPL uses the Group’s technology, treasury systems, risk management, and network to deliver retirement planning and fund administration services in line with industry standards.
With the merger finalized, AAPL now manages nearly N4 trillion in assets and serves a customer base of approximately 2 million retirement savings account holders.