After three decades of service and a decade at the top, Jumoke Ogundare is handing over the reins at Asset & Resource Management Holding Company (ARM) to Wale Odutola, marking a key transition in one of Nigeria’s most respected investment institutions.
From July 2025, Wale Odutola will take over as Group CEO—a move that signals continuity, but also fresh strategic energy for ARM at a time when Nigeria’s financial landscape is changing fast.
Odutola is not new to ARM. With nearly 30 years of experience and leadership roles across subsidiaries like ARM Pensions, ARM Securities, and ARM Properties, he has quietly helped shape the Group’s operational backbone. His track record in aligning performance with purpose has earned him a reputation as a steady but forward-thinking operator—qualities ARM now needs more than ever.
As the business environment in Nigeria and across Africa shifts—driven by inflationary pressure, evolving investor behavior, and calls for sustainable finance—Odutola’s leadership arrives with both internal confidence and external expectation. For businesses and investors watching closely, this change signals ARM’s intent to stay relevant, resilient, and responsive to the demands of modern capital markets.
ARM’s Chairman, Deji Alli, echoed this outlook, describing the move as a recommitment to innovation, governance, and long-term value. “Wale is not just familiar with the culture,” he said. “He’s ready to shape its future.”
This leadership shift is also notable for what it says about Nigeria’s investment ecosystem. It reinforces the importance of succession from within, long-term planning, and consistency in institutional identity—traits that are still emerging across much of the continent’s financial services space.
As Odutola steps in, stakeholders can expect stronger focus on digital transformation, deeper market intelligence, and a broader commitment to helping Nigerian investors navigate both local and global headwinds. His task is not only to lead ARM, but to help shape the next chapter of Nigeria’s investment story.
