Leading Nigerian investment management firm, ARM Holding Company, has announced a significant leadership transition as it appoints Wale Odutola as the new Group Chief Executive Officer and Osahon Ogiemudia as Executive Director, effective July 1, 2025. The appointments mark a new phase in the firm’s three-decade legacy, aimed at strengthening its strategic growth and positioning in Nigeria’s evolving financial landscape.
The announcement comes as the current Group CEO, Ms. Jumoke Ogundare, prepares to step down on June 30 after 30 years of dedicated service, including ten years at the helm. Her tenure was defined by strong institutional growth, sector expansion, and the establishment of ARM as a trusted investment partner for individuals and corporations alike.
“It has been an honour to lead ARM,” said Ogundare. “I’m confident that Wale and Osahon will steer the Group into its next phase, staying true to our values while driving innovation and stakeholder value.”
Wale Odutola, currently Deputy CEO of ARM Holding Company, brings nearly 30 years of experience in Nigeria’s financial services sector. He has previously led various ARM subsidiaries including ARM Pension Managers, ARM Securities, and ARM Properties Plc. Widely regarded for his strategic insight and execution discipline, Odutola has been instrumental in driving the firm’s operational resilience and business integration.
“ARM has always stood for long-term value, integrity, and innovation,” said Odutola. “It is a privilege to lead the Group at such a pivotal time, and I look forward to working with our dedicated team to deliver on our vision and deepen our impact on Nigeria’s economic future.”
Joining him in the executive team is Osahon Ogiemudia, who steps into the role of Executive Director. Osahon has held various leadership positions across the Group, notably at ARM Pension Managers and ARM Life, and has overseen corporate strategy and operations at the holding level. He is credited with strengthening execution frameworks and aligning the company’s services with evolving client needs.
Chairman of ARM, Mr. Deji Alli, emphasized the importance of the leadership change in keeping pace with new opportunities and market realities.
“This transition is not just a change at the top—it’s a reaffirmation of our commitment to growth, innovation, and relevance. Wale and Osahon bring the right mix of experience, vision, and continuity to take ARM into the future,” he said.
Founded 30 years ago, ARM is a key player in Nigeria’s investment landscape, with interests in traditional asset management, pensions, real estate, and specialized funds. The leadership renewal is in line with ARM’s tradition of promoting internal talent and ensuring institutional stability amid evolving market demands.
The new appointments are expected to bolster the Group’s focus on agility, sustainable wealth creation, and investor confidence, as ARM continues to play a defining role in Africa’s economic and financial transformation.
