Access Holdings has announced the completion of its merger with ARM Pensions Managers Limited, resulting in the formation of Access ARM Pensions Limited (AAPL), positioning the company among Nigeria’s largest pension fund administrators.
The announcement was made on October 2, 2024, and shared via the NGX disclosure page, signed by Company Secretary Sunday Ekwochi.
The merger was finalized after Access Golf Nigeria Limited, a major shareholder in Access Pensions Limited, received regulatory approvals to acquire a majority stake in ARM Pensions Managers. AAPL now manages nearly N3 trillion in assets and serves around 2 million retirement savings account holders.
AAPL’s CEO, Emenike D. Uduanu, emphasized the merger’s potential to expand services, enhance operational efficiency, and drive innovation.
Chairman Aigboje Aig-Imoukhuede praised the merger as a significant milestone for both organizations, expressing confidence in AAPL’s potential to become a leading brand in Africa’s retirement sector.
The merger is seen as a key step toward strengthening Access Holdings’ service offerings, attracting top talent, and enhancing risk management systems, promising sustainable growth and value for clients and shareholders alike.
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