The founder of ARM Holdings Company, a leading investment management firm, Deji Alli, is set to take over as chairman of the company following the retirement of Felix Ohiwerei.
Ohiwerei’s departure marks the end of an era, and the company recently held an exclusive, well-attended retirement dinner to honor his remarkable leadership and the substantial contributions he made as chairman of ARM.
Appointed in May 2006 as chairman of ARM’s board, Ohiwerei played a key role in guiding the firm through a period of significant growth. The company acknowledged that his vast experience, extensive connections, sterling reputation, and unwavering commitment to ethical business practices were crucial in helping ARM achieve success.
During his tenure, Ohiwerei led ARM’s expansion, significantly broadening its portfolio and reinforcing its status as a leading player in Nigeria’s financial services industry.
“As we bid a warm farewell to Mr. Ohiwerei, ARM is embarking on a new era with the appointment of its founder, Mr. Deji Alli, as chairman,” the company said. “Mr. Alli brings not only a deep understanding of ARM’s vision and values but also a wealth of experience in capital markets and the Nigerian financial landscape, alongside his visionary leadership.”
This transition in leadership is anticipated to sustain ARM’s successful strategic direction, a key element behind the company’s many achievements, the firm added.
Alli’s new role highlights ARM’s dedication to staying at the forefront of Nigeria’s financial sector, continuing to pioneer cutting-edge products and services that reflect the company’s strong legacy.
Commenting on his appointment, Alli expressed his gratitude, saying, “It is a privilege to step into this position after the exceptional leadership of Mr. Ohiwerei. His legacy continues to inspire all of us at ARM, and I’m eager to build on the strong foundation he created. Together with the board, we are focused on advancing ARM with a renewed emphasis on innovation, customer satisfaction, and impactful investments.”
Established in 1994, ARM Holdings has interests across diverse sectors of the economy. The company provides a wide array of asset management services to a broad client base, including corporations, charitable organizations, high-net-worth individuals, and small savers.
