ARM Holdings appoints Wale Odutola as Group CEO

–Osahon Ogiemudia named as Executive Director

ARM Holdings Company, a leading Nigerian investment management firm, has appointed Wale Odutola as Group Chief Executive Officer and Osahon Ogiemudia as Executive Director, effective July 2025.

The leadership transition follows the planned exit of Ms. Jumoke Ogundare, who will step down as Group CEO on June 30, 2025, after 30 years of service, including a decade at the helm.

Under Ogundare’s leadership, ARM solidified its reputation as a trusted partner for asset management, expanding its footprint and impact across sectors. “It has been a privilege to lead ARM. I am confident that Wale and Osahon will uphold our core values while driving innovation and growth,” Ogundare said.

Odutola, currently Deputy CEO, brings nearly 30 years of financial services experience, having held leadership roles at ARM Pension Managers, ARM Securities, and ARM Properties Plc.

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Known for strategic foresight and operational excellence, he has been instrumental in enhancing group-wide performance. “I am honored to lead ARM’s next chapter, focusing on client needs, economic progress, and our legacy of excellence,” Odutola stated.

Ogiemudia, the new Executive Director, has driven key operational functions across ARM subsidiaries, including ARM Pension Managers and ARM Life. His expertise in execution and sustainability will support ARM’s client-centric evolution.

ARM Chairman Deji Alli described the transition as a commitment to growth and relevance. “Wale and Osahon’s leadership will ensure ARM remains agile and forward-looking, meeting the needs of a new generation of investors,” Alli said.

Founded in 1994, ARM continues to lead in traditional asset management and specialized funds, driving sustainable wealth creation in Africa. This transition positions the firm to navigate Nigeria’s evolving economic landscape with innovation and resilience.