Premium Pension appoints new chairman, directors

Bisola David
Bisola David
Premium Pension appoints new chairman, directors

The Board of Premium Pension Limited has announced a few corporate changes, including the appointment of Gen. Bitrus Kwaji OON as its new Chairman, beginning August 19, 2023.

According to The Times, this came after the former Chairman, Mr. Ibrahim Alhassan Babayo, who had served in that capacity since 2020, announced his resignation.

Senator Nenadi Esther Usman, DCG Garba Bala Makarfi (Rtd), and Dr. Mansur Aleiro also joined the Company’s Board of Directors as Non-Executive Directors in September 2023.

General Kwaji (rtd), a career soldier who underwent training from the Nigerian Army to become a chartered accountant, is a graduate of Strayer University in Washington, DC, USA as well as Ahmadu Bello University in Zaria, Kaduna.

General Kwaji served as the group managing director of Nigerian Army Welfare Ltd/Gte, a nonprofit organization incorporated by the Nigerian Army under the Companies and Allied Matters Act of 1990, until his retirement from the Nigerian Army in 2014.

He held a number of positions in the Nigerian Army over the course of his more than thirty-year career, including those of Commandant of the Nigerian Army School of Finance and Administration, Deputy Defence Attaché Finance in Washington, DC, General Manager of the Nigerian Army Welfare Scheme, Director of Finance Defence Intelligence Agency, and Chairman, Military Pensions Board.

Gen. Kwaji is a prestigious Fellow of the Association of National Accountants of Nigeria.

Dr. Nenadi Esther Usman is a renowned, talented leader she has a doctorate in geography from the renowned Ahmadu Bello University in Zaria, as well as master’s degrees in security management and administration, as well as expertise in both taxation and administration.

She has demonstrated a lifelong dedication to learning, leadership, and civic duty. She held the position of Minister of Finance during President Olusegun Obasanjo’s administration, where she was instrumental in developing Nigeria’s economic policies and strategies that supported the country’s overall economic progress.

Mr. Garba Bala Makarfi is a highly skilled professional with extensive expertise in leadership roles and a strong educational background. He graduated from Ahmadu Bello University in Zaria with a Bachelor of Science in Library and Information Science as well as a Diploma in Library Science, displaying his dedication to a lifelong love of learning.

His participation in the first Nigerian Business Investment Forum and Exhibition of Modern Nigeria Products in the United Arab Emirates, a workshop on professional development in Canada, and the Leadership Training for Transformation Initiatives in Canada stands out among his training experiences.

Dr. Muhammadu Mansur Aliero is a famous academician and entrepreneur with a solid educational background that spans several universities and degrees. He studied in Sokoto at Usman Danfodio University.

He earned his PhD and MSc from the University of Putra Malaysia in 2018 and 2012, respectively. His vast education and membership in trade associations are evidence of his ongoing quest for knowledge and achievement in his chosen field.

Dr. Mansur visited significant international conferences in countries including China, Malaysia, Indonesia, Tunisia, and Malaysia in his pursuit of knowledge.

With over N1 trillion in assets under management, Premium Pension is one of the top pension fund administrators in Nigeria. This milestone was accomplished by the company last year without the aid of a corporate merger.


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