Asset and Resource Management Holding Company (ARM) has announced a strategic leadership transition with the appointment of Wale Odutola as Group Chief Executive Officer and Osahon Ogiemudia as Executive Director, effective July 1, 2025.

The move follows the planned exit of long-serving CEO Jumoke Ogundare, who stepped down on June 30 after a distinguished three-decade career with the group, including ten years at the helm. Her tenure was marked by ARM’s expansion across asset classes, deepening institutional relationships, and a reinforced reputation as a trusted partner in Nigeria’s financial ecosystem.

“This transition is more than a leadership change; it is a reaffirmation of ARM’s long-term vision and values,” said Ogundare.

“I have every confidence that Wale and Osahon will not only preserve the legacy we’ve built but also chart new paths for innovation and client-focused growth.”

Wale Odutola, the incoming CEO, brings nearly 30 years of experience across Nigeria’s financial services industry.

Currently the Deputy CEO of ARM Holding Company, he has held key leadership roles across several subsidiaries, including ARM Pension Managers, ARM Securities, and ARM Properties Plc.

He is widely regarded for his strategic leadership, operational depth, and ability to drive group-wide performance.

“It is a profound honour to lead ARM into its next phase, Odutola said. “Together with our exceptional team, we will remain focused on anticipating client needs, embracing innovation, and contributing meaningfully to Nigeria’s evolving economy.”

Joining him at the top is Osahon Ogiemudia, a seasoned executive with a strong track record in operations, governance and institutional strategy. He has held senior roles within ARM Pension Managers and ARM Life, bringing both breadth and depth to his new position as Executive Director.

Chairman of ARM Holding Company, Deji Alli, praised the leadership evolution, noting it reflects the group’s longstanding culture of grooming internal talent and promoting continuity.

“As the economic landscape shifts, ARM is positioning itself for agility and growth. Wale and Osahon have tested leaders with the right blend of experience and vision to drive our transformation”, Alli said.