Job Description

The Managing Director/Chief Executive Officer (MD/CEO) is responsible for providing strategic leadership and direction for the Pension Fund Administrator (PFA) in compliance with the regulatory framework set by the National Pension Commission (PenCom). The MD/CEO oversees all aspects of the company’s operations, ensuring sustainable business growth, regulatory compliance, operational efficiency, and superior customer service while fostering relationships with key stakeholders, including regulators, contributors, retirees, and shareholders.

Key Expectations of the Role:

• Develop and implement the overall strategic vision, policies, and objectives of the PFA in alignment with PenCom regulations and industry best practices.
• Ensure compliance with all regulatory requirements, including capital adequacy, investment guidelines, reporting obligations, and governance standards.
• Provide oversight on investment management, risk management, operations, business development, and financial performance of the PFA.
• Drive business growth through innovative pension products, market expansion, and customer acquisition strategies.
• Foster strong stakeholder relationships with PenCom, government agencies, pension contributors, retirees, and financial institutions.
• Lead and develop a high-performing executive team, promoting a culture of excellence, accountability, and ethical business practices.
• Ensure efficient pension fund administration, including contribution processing, retirement benefit payments, and customer service excellence.
• Represent the PFA in industry forums, regulatory engagements, and strategic partnerships to enhance its corporate image and market positioning.

Expected Competencies

Key Requirements for the Role

• A minimum of a bachelor’s degree in a relevant area. A master’s degree or professional certification (CFA, ACCA, ACA, or CIPM) is an added advantage.
• Minimum of 20 years of relevant experience, with at least 18 years in the financial services industry and 10 years in leadership roles within the financial services industry
• Preference will be given to candidates with experience as an Executive Director or in a top management role within the pension industry.
• Strong knowledge of pension fund administration, investment management, regulatory compliance, and financial management.
• Demonstrated ability to develop and execute business strategies that drive growth and profitability.
• Excellent leadership, stakeholder management, and corporate governance skills.
• Strong understanding of the Nigerian pension regulatory landscape, including the Pension Reform Act and PenCom guidelines.
• Exceptional strategy, communication, negotiation, and decision-making skills.