ARM Appoints New CEO and Executive Director as Part of Strategic Leadership Shift

Asset & Resource Management Holding Company (ARM), one of Nigeria’s leading investment firms, has announced a key leadership transition set to take effect in July 2025. Wale Odutola has been appointed as the Group Chief Executive Officer, while Osahon Ogiemudia will assume the role of Executive Director.

The leadership change follows the planned departure of current Group CEO, Jumoke Ogundare, who will step down on June 30, 2025, after 30 years of service – 10 of which she spent at the helm of the company. Under her stewardship, ARM expanded its reach, strengthened its reputation across sectors, and deepened its impact in Nigeria’s investment landscape.

“It has been a privilege to lead ARM,” said Ogundare. “I am confident Wale and Osahon will build on our values while charting new paths of innovation and growth.”

Wale Odutola brings close to three decades of financial sector experience to the top role. Currently the Deputy CEO of ARM Holding Company, Odutola has previously led several of the group’s subsidiaries, including ARM Pension Managers and ARM Securities. His appointment is seen as a continuation of ARM’s focus on operational excellence and long-term value creation.

“ARM has always stood for integrity, vision, and long-term value,” Odutola said. “I am honoured to lead the next phase of growth, working with a team that is deeply committed to innovation and client success.”

Joining him on the executive leadership team is Osahon Ogiemudia, who steps in as Executive Director. A longtime ARM insider, Ogiemudia has held leadership roles across ARM Life and ARM Pension Managers, and is widely respected for his operational expertise and client-focused approach.

ARM Chairman Deji Alli welcomed the appointments, saying: “This is more than a change in leadership – it’s a recommitment to relevance and resilience in a changing Nigeria. With Wale and Osahon, we have a forward-thinking team equipped to meet the ambitions of a new generation of investors.”

The leadership transition comes as ARM celebrates its 30th anniversary, reinforcing its legacy as a pioneer in asset management, alternative investments, and sustainable wealth creation in Nigeria and across Africa.