By Sola Alabadan
The Senate on Thursday in Abuja confirmed the appointment of Ms. Omolola Oloworaran as the Director General of the National Pension Commission (PenCom).
This followed the consideration and adoption of the Report of the Senate Committee on Establishment and Public Service during today’s plenary.
Recalled that President Bola Tinubu had on July 13 appointed Oloworaran as the PenCom boss to succeed Aisha Dahir-Umar and requested the Senate to confirm the appointment.
Oloworaran has since assumed the role in acting capacity while waiting for the conclusion of confirmation processes by the Nigerian Senate, as required by the Pension Reform Act 2014.
A strong advocate of innovation and process reengineering, Omolola brings to PenCom over 20 years of experience in the financial services industry.
She started her career at Citibank before moving on to other firms including Renaissance Capital, FDHL Consulting, Stanbic IBTC Bank and First Bank, where she served as the Group Head of First Shared Services.
A Fellow of the Association of Chartered Certified Accountants (ACCA) and member of the Chartered Institute of Securities & Investment (CISI), Oloworaran is an accounting graduate from the University of Ilorin.
She holds a Master of Business Administration (MBA) degree from the Manchester Business School and has also participated in the Transforming Business Using AI (TBAI) Programme at the INSEAD Business School in France.
Oloworaran is poised to explore new frontiers in the implementation of the Contributory Pension Scheme by sustaining pension assets on the growth trajectory, ensuring increased membership of the scheme and supporting coverage expansion initiatives.
She is committed to the expeditious payment of retirement benefits, while deepening the pension investment horizon for enhanced returns to contributors and retirees.
A key priority of her leadership at PenCom is to renew impetus on improved collaboration within the pension industry.
