Legacy Pension appoints Balogun chair board of directors

Legacy Pension Managers has appointed Mr. Ladi Balogun as the chairman of the Board of Directors.

A statement  from Legacy Pension  said the firm reorganised the Board and also appointed James Ilori as a non-executive director.

According to the statement, the appointment of Balogun and Ilori to the Board of Legacy Pension Managers occurred after the FCMB Group acquired 60 per cent of the company, raising its interest to 88 per cent.

“The Central Bank of Nigeria, the National Pension Commission and the Securities and Exchange Commission approved the transaction in November 2017.  The board appointments have also received the approval of the National Pension Commission,” the statement said.