The Pension Fund Operators Association of Nigeria (PenOp) has announced the election of Mr. Donald Onuoha as its new President and the Chairman of its Executive Committee.
Donald Onuoha is currently the Managing Director/Chief Executive Officer, Fidelity Pension Managers Limited.
He was elected by members of the Association to lead its Executive Committee and provide strategic direction for the pension industry.
The newly constituted Executive Committee also includes Blessing Ogwu, MD/CEO UBA Pensions Custodian Limited as Vice President & Vice Chairman, Benjamin Okorie-Agidi, MD/CEO TotalEnergies EP Nigeria CPFA Limited as Treasurer, Ehis Uzenabor MD/CEO Shell Nigeria CPFA Limited as Member & Chairman, Technical Committee, Aliyu Atiku, MD/CEO NUPEMCO as Member & Chairman, Legal, Regulatory & Ethics Committee, and Adeola Oyegbade, MD/CEO GT Pension Managers Limited as Member & Chairman, Branding & Communications Committee.
In his acceptance, Donald Onuoha thanked members for the confidence reposed in him, stating that he would continue to uphold the ideals of the pension industry while prioritising the interests of Retirement Savings Account (RSA) holders. He added that he would work to deepen pension penetration, strengthen stakeholder engagement, and ensure the industry continues to contribute meaningfully to Nigeria’s economic development.
He also pledged to work closely with the Executive Committee and other stakeholders to sustain industry progress and drive initiatives that enhance transparency, trust, and efficiency across the pension ecosystem.
Speaking on the development, the Chief Executive Officer of PenOp, Anthonia Ifeanyi-Okoro, said the emergence of the new leadership reflects the Association’s strong governance framework and commitment to continuity.
She noted that the smooth transition underscores the unity among operators and their shared objective of ensuring that the pension system delivers sustainable value to all Nigerians.
PenOp is the umbrella body for all licensed Pension Fund Administrators in Nigeria and remains committed to promoting a robust, transparent, and inclusive pension industry.