Norrenberger Pensions hires Afolabi Folayan as new MD & CEO

Norrenberger Pensions has announced the appointment of Afolabi Folayan as the new Managing Director and Chief Executive Officer of the company.

In a statement shared on LinkedIn, the company expressed pride in welcoming Folayan, describing him as a seasoned financial services professional with decades of experience and a distinguished track record of excellence.

“He brings a wealth of expertise, leadership, and strategic insight to our organization,” the statement read. “His appointment marks a pivotal moment in our journey, and we are excited about the future as we continue to deliver value and help our clients build secure financial futures.”

The company called on stakeholders and industry players to join in celebrating and welcoming Folayan to the Norrenberger family.

Folayan joins Norrenberger Pensions with extensive leadership experience in the Nigerian financial sector. He most recently served as Executive Director – Technical at Access Pensions, a subsidiary of Access Corporation and one of the country’s largest Pension Fund Administrators with assets under management nearing N1 trillion.

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Prior to that, he held the position of Executive Director of Operations at Sigma Pensions Limited, where he played a key role in strategy execution, operations management, fund unitisation, benefits administration, human resources oversight, technology innovation, and regulatory compliance.

His career also includes serving as Chief Investment Officer at Spring Life Assurance Plc, where he was responsible for investment strategy, policy development, and financial operations.

Earlier in his professional journey, Folayan was Managing Director of Securities Africa Financial Limited, a firm known for corporate advisory, securities trading, investment research, and pan-African market operations. He also served as Executive Director at WSTC Financial Services Limited, contributing significantly to business growth, portfolio management, and strategic expansion.

Folayan began his career in financial analysis with Procter & Gamble in Nigeria, where he supported the financial evaluation of new product launches.