PenCom boss gets
THE Director General of the National Pension Commission (PenCom), Mrs. Chinelo Anohu-Amazu has got the 2015 The Sun award in the public service.
The Managing Director/Editor-in-Chief of The Sun Publishing Limited, Eric Osagie, said the awards goes to top public servants, who, in the spirit of national transformation, have demonstrated an uncommon character, passion, innovation and unalloyed commitment in service delivery and thereby rendering maximum benefit to the country.
Accepting the award, Anohu-Amazu expressed delight for award saying the honour came most unexpectedly, an honour she cherishes.
Relieving her sojourn in pension industry, she said “we started this journey about 13 years ago, when I was working in the BPE and every enterprise we wanted to sell had a pension deficit. All the investors said it was either we excised the pension deficit or sold the companies for a pittance. So, the then DG of BPE, Mallam Nasir El-Rufai, decided that we had to find a solution. And it was at his insistence that, together with the then President Olusegun Obasanjo, the pension initiative was born.”
“There had been other efforts. So many people tried and proffered different things and the Fola Adeola Committee’s mandate was to collate all these efforts and synthesise them into one workable solution. We took it to President Obasanjo, and given his own stance, he pushed the reforms through. And that is when we had the 2004 Act that culminated into the setting up of the pension institution and the pension commission as a regulator,” she narrated.