Accessarm Pensions Says It Will Control Over N3trn Aum
Group Chief Executive ofAccess Corporation, Bolaji Agbede, has said that the merger of Access Pensions and ARM Pensions will position the emerging business as Nigerias second-largest pensions fund manager with combined Assets Under Management AUM of about N3 trillion and serving over two million Retirement Savings Account RSA Holders.
The entity which will be named Access ARM Pensions Limited, represents a strategic alignment of strengths, expertise, and resources, allowing the new entity to leverage synergies and create greater efficiencies in operations. By combining the complementary capabilities of both organizations, Access ARM Pensions Limited aims to set new standards for excellence in the pension fund management industry.
Agbede said The acquisition and the subsequent merger of both businesses sets the stage for an exciting future we can all collectively take pride in as a nation. Let us shape the future we desire together.
Managing Director of Access Pensions, Mr. Dave Uduanu, emphasized the strength of the newly formed organization with the support of Access Corporation.