The Lagos State Governor, Babajide Sanwo-Olu, has approved the appointment of Babalola Obilana as the new Director-General of the Lagos State Pension Commission.
M.A Eko, Public Relations Officer of LASPEC, in a statement on Tuesday said the appointment was in recognition of his outstanding performance and accomplishments in the financial sector.
Eko said Obilana took over from Folashade Onanuga, to become the third Director-General of the commission.
The statement added: “Until his appointment, Obilana was the Executive Director, Business Development and Services, Stanbic IBTC Asset management.
“He is an erudite scholar and graduated from the University of Lagos with a BSC (Hons) in Actuarial Science.
“He holds an MBA from the famous Obafemi Awolowo University Ile-Ife, Osun, and he is an alumni of Lagos Business School for Senior Management Programme.”
According to Eko, Obilana’s robust career spans over 28 years across different financial institutions such as ARM Pension Managers, where he was a pioneer staff responsible for business development.
She said: “Obilana on assumption of duty and in a meeting with top management official of the commission, earlier on Tuesday, promised to bring his wealth of experience and knowledge to bear at the agency .
“He appreciated Governor Sanwo-olu for giving him the opportunity to contribute his quota to uplift Lagos State.
“The new D-G assured to build and improve on the accomplishments of his predecessor, while soliciting for the cooperation of all and sundry, most especially the staff of the commission.”