Premium Pension Limited has announced the appointment of Hamisu Bala Idris as its new Managing Director and Chief Executive Officer, following the retirement of the outgoing MD/CEO, Umar Sanda Mairami. The company also named Mrs. Maryam Mohammed as its new Executive Director.
In a statement released by the Head of Corporate Communications, Aliyu Mohammed Ali, Hamisu Idris, who takes over the leadership reins, brings over 20 years of experience in the financial services sector, with a deep background in banking and pension fund administration. His career began at Inland Bank Limited in 1999, and he has since held key roles in various institutions, including Fidelity Bank, FUG Pensions, Veritas Pensions, and Norrenberger Pensions Limited, where he served as Managing Director before his new appointment.
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During his inaugural staff meeting, Hamisu emphasized his commitment to making Premium Pension more customer-centric, stating, “Our customers will be at the beginning, the middle, and the end of our strategy.” He also highlighted the importance of continuous capacity development among staff to maintain high professional standards.
The Board of Directors also confirmed the appointment of Mrs. Maryam L. Mohammed as Executive Director. Mrs. Maryam, an IT and operations management expert with over 20 years of experience, holds a first-class degree in Computer Science from the University of Abuja and a master’s degree in Information Technology from the University of Lagos. Her career, which began at NITEL, has seen her rise to key leadership positions within Premium Pension Limited, contributing significantly to the company’s success in areas such as operations, human resources, and data management.
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Under her leadership, the company is expected to continue its trajectory of innovation and growth within Nigeria’s financial services industry.
Premium Pension Limited, known for setting industry standards, made history in 2023 by becoming the first Nigerian-owned Pension Fund Administrator to achieve Assets under Management (AUM) exceeding N1 trillion.
The company, which began operations in 2005, has earned prestigious certifications such as the Information Security Management (ISMS) certification ISO 27001 and the Quality Management System (QMS) certification ISO 9001, both of which were renewed in 2023.
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The new appointments are part of Premium Pension’s strategy to strengthen its leadership and continue providing innovative pension solutions to its members.
Premium Pension, Leadership Change, Pension Industry, Financial Services,
