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ARM Holding Company has named Wale Odutola as its new group chief executive officer, effective July 2025, in a leadership shakeup aimed at positioning the firm for its next growth phase.
Odutola succeeds Jumoke Ogundare, who steps down after three decades with the company, including 10 years at the helm.
The announcement marks a pivotal moment for the Lagos-based investment management group, which is restructuring its leadership amid shifting dynamics in Nigeria’s economic and financial landscape.
Odutola, who currently serves as deputy CEO, brings close to 30 years of experience in Nigeria’s financial services sector. His prior roles include top positions at ARM Pension Managers, ARM Securities, and ARM Properties Plc, where he was credited with driving group-wide integration, operational resilience, and performance.
“ARM has always stood for vision, integrity, and long-term value,” Odutola said in a statement. “We will continue to anticipate the needs of our clients, contribute meaningfully to Nigeria’s economic progress, and uphold the values that have defined ARM for three decades.”

