Pension

Premium Pension gets new chairman

Yakubu

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Chuks Udo Okonta

Premium Pension Limited has named Architect Yunusa Yakubu, its chairman. He takes over from the outgone Chairman of the Board, Aliyu Abdulrahman Dikko, who was recently appointed by the Federal Government the Director General, National Pension Commission (PenCom).

A statement by the Head, Corporate Communications, Premium Pension Limited, Paddy Ezeala, said Yakubu’s appointment was ratified at the recently held Annual General Meeting (AGM) of the company, adding that until his appointment, he was the Chairman of the Board’s Committee on Strategic Growth.

A successful businessman and versatile consulting architect, Yakubu obtained a B.Sc. in Architecture in 1984 from Ahmadu Bello University and followed up with an M.Sc.in the same subject at the same university in 1986. He started his working career with the Ministry of Works and Housing in Bauchi State of Nigeria in 1987. While there he worked on the designs and supervision of buildings, including the Local Government Secretariats, Political Party offices and the State’s liaison office in Abuja.

In 1993, he moved to the Ministry of the Federal Capital Territory as Project Coordinator, Maintenance Department. Arc. Yunusa served on the board of Suntrust Savings and Loans Limited as a director and he was appointed by the Federal Government as a member of the Governing Council of Abubakar Tafawa University, Bauchi. He is currently a director of Micheletti Construction Limited and Niglemech Nigeria Limited.

During his illustrious career, he attended several prestigious international training programmes including the Managing Strategic Innovation in Business Programme at Harvard University, USA and the Real Estate Investment Model, Dubai in the United Arab Emirates (UAE).

Currently, he is the Managing Director of Lubell Nigeria Limited and a distinguished Fellow of the Nigerian Institute of Architects (NIA).

Adeshina

In the same vein, the appointment of Mr. ‘Bade Adeshina into the Board was also ratified. Adeshina brings immense wealth of experience into the company. He holds B.Sc. and M.Sc. degrees in Finance from University of Lagos and obtained a diploma in Information Science/Systems from University of Ibadan. He is an Honorary Member of the Chartered Institute of Bankers of Nigeria, a Fellow of Certified Pension Institute of Nigeria, and Association of Investment Advisers & Portfolio Managers, member of the Institute of Directors and Chartered Institute of Stockbrokers.

He started his career as a Graduate Assistant/Senior Information Officer with the University of Lagos from where he moved to the banking sector. He has over thirty years’ experience in Financial Management services in both commercial and investment banks amongst which are Afribank Nigeria Plc (formerly Mainstreet Bank and now part of Skye Bank Group), Afribank International Bank Limited (Merchant Bankers) and Access Bank Plc. From Access Bank he resigned his appointment as a General Manager to join CDL Asset Management Limited as the pioneer Managing Director/CEO.

He resigned his position with CDL Asset in August 2013 on appointment to Cabinet position as Special Adviser (Ministry of Economic Planning, Budget & Development) to the Executive Governor of State of Osun. He is currently the Managing Director, Goldfield Group, which comprises organizations offering financial and management consulting to High Net Worth individuals; corporate and project finance advisory services, securities brokerage and real estate investment/management as well as pension funds management. He has attended several local and international training programmes during the course of his career at renowned business schools including the prestigious Harvard Business School.

He is currently on the Board of Apricot Investments Limited as well as being the Chairman, Board of Directors, Crownhead Capital Limited and Aremott Banwill & Co. Limited, a reputable insurance brokerage firm of over thirty years operation.

Premium Pension Limited, a leading PFA in the country, won the last edition of Africa Pension Awards in the areas of Corporate Governance and Driving Inclusive Coverage of Pension. The Africa Pension Awards was held as part of the World Pension Summit – Africa Special held at the Congress Hall of Transcorp Hilton, Abuja between 27-28 September, 2016. The events were organized by the National Pension Commission in conjunction with Pension and Investments/World Pension Summit, Amsterdam.

The company is reputed for having a robust, diverse and versatile board that has impacted positively on its operations. The company manages 738,736 Retirement Savings Accounts (RSAs) and 46, 941 retirees and has paid since inception retirement benefits to the tune of almost N119 billion while having pension Assets Under Management (AUM) in excess of N460 billion.

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