Access Holdings has finalized its merger with ARM Pensions Managers Limited, resulting in the creation of Access ARM Pensions Limited (AAPL), one of Nigeria’s largest pension fund administrators by client base.
The announcement was made on October 2, 2024, via the NGX disclosure page, signed by Company Secretary Sunday Ekwochi. This merger follows Access Holdings’ earlier news that Access Golf Nigeria Limited had obtained regulatory approval to acquire a majority stake in ARM.
With nearly N3 trillion in assets and approximately 2 million retirement savings account holders, AAPL aims to enhance its service offerings, attract top talent, and invest in innovative client solutions. The merger is expected to drive sustainable growth, benefiting clients, shareholders, and partners alike.
AAPL’s CEO, Emenike D. Uduanu, emphasized the merger’s importance in positioning the company for future success: “This partnership allows us to expand our services and enhance operational efficiency while delivering long-term value to our clients.”
Access Holdings Chairman, Aigboje Aig-Imoukhuede, highlighted the merger as a significant milestone, expressing confidence in AAPL’s potential to become a leading brand in Africa’s retirement sector. “We are paving the way for a brighter future for all our stakeholders,”
