The founder of leading investment management firm, ARM Holdings Company, Deji Alli, will step into the role of the chairman of the company following the retirement of Felix Ohiwerei from the firm.
A statement from the firm on Sunday indicated that the company said farewell to Ohiwerei at an exclusive and well-attended retirement dinner recently to celebrate his outstanding leadership and the significant contributions he made during his time as the chairman of ARM.
Ohiwerei, who was appointed as chairman of ARM’s board of directors in May 2006, played a pivotal role in steering the company’s growth.
According to the firm, his extensive experience, broad network, impeccable reputation, and unwavering dedication to ethical business practices were instrumental in shaping ARM’s success.
It added that under his guidance, ARM expanded its portfolio and solidified its position as a leading force in Nigeria’s financial services industry.
“As ARM bide a heartfelt farewell to Mr Ohiwerei, the company is poised for a new chapter of growth with the appointment of its founder, Mr Deji Alli, as chairman. Mr Alli brings a deep understanding of ARM’s mission and values, combined with his visionary leadership and profound expertise in capital markets and the Nigerian financial services sector.
“This leadership transition is expected to ensure the continued success of the Company’s strategic direction, which has been key to ARM’s accomplishments,” the firm stated.
It noted that Alli’s appointment underscored its commitment to maintaining its position as a leader in Nigeria’s financial sector while continuing to pioneer innovative products and services that define the company’s legacy.
Remarking on his appointment, Alli said, “It is an honour to step into this role following the distinguished leadership of Mr Ohiwerei. His legacy is a guiding force for all of us at ARM and I look forward to building on the strong foundation he established.
Together with the board, we are dedicated to driving ARM forward with a focus on innovation, client satisfaction, and impactful investments.”
ARM Holdings, which was founded in 1994, has interests across various sectors of the economy.
It offers a comprehensive range of asset management services to a diverse clientele, including corporations, foundations and charities, high-net-worth individuals, and small savers.(Punch)
