Former Deputy Group Chief Executive Officer of Asset & Resource Management Company Ltd, ARM, Jumoke Ogundare, has been appointed as the new Managing Director/Chief Executive Officer of ARM.
She replaces Deji Alli who recently resigned. Alli has led the company as MD/CEO since its inception in 1994.
At a recent board meeting of ARM in Lagos, Chairman of ARM, Felix Ohiwerei announced Jumoke Ogundare, as the company’s new Group CEO.
Following Ogundare’s promotion, Sadiq Mohammed, was announced as the new 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. 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,” said Ohiwerei.