The board of Premium Pension Limited has announced the appointment of Mr. Ibrahim Alhassan Babayo as its new Chairman effective April 26, 2020 following the retirement of the former Chairman Arc. Yunusa Yakubu.
The head, Corporate Communications, Aliyu Mohammed Ali, stated this in a statement made available to Blueprint on Wednesday in Abuja.
The statement said the new board chairman is experienced in corporate governance with imprints different sector of the economy.
“His imprints, which started with a career in banking, traversed many sectors of the Nigerian economy including estate management, road and building construction, banking, environmental, health and facilities management,” The statement said.
The statement added that “Mr. Babayo, a graduate of Kaduna Polytechnic and Yaba College of Technology in Estate Management and a member of the Nigerian Institute of Surveyors and Valuers (NIESV) as well as International Facility Management Association (IFMA), is the founder and Chief Executive Officer of Cosmopolitan Cleaners Limited, an environmental management and sustainability company.”
Reacting to the development, the Chief Executive Officer Mr. Umar Sanda Mairami said the appointment will also deepen the already sound corporate governance culture of the company.
“The appointment of Mr. Babayo as Chairman is in line with the strategic vision of Premium Pension Limited to become the foremost Pension Fund Administrator (PFA) in the Country. This is even more so when the Company is implementing its 5-year Strategic Business Objective that aims to drive business growth and transformation,” he said.
Other Board changes announced are the appointment of two Non-Executive Directors, namely: Major General Bitrus Vandos Themoi Kwaji (Rtd.) and Muhammad Musa Makarfi.
