Sexual Assault Allegation

Lagos, July 31, 2024 – ARM Pension Managers (PFA) Ltd is aware of a serious allegation of assault involving our employees. We are deeply disturbed by this news and are committed to addressing the situation with the utmost seriousness and sensitivity.

First and foremost, our thoughts are with our colleague who has come forward. We want to express our deepest concern and support for her during this tough time. Sexual assault is a grave matter that has no place in our organization and society at large, and we stand firmly against all forms of harassment or violence.

This incident reportedly took place outside the office premises on the night of July 18, 2024, after an office team bonding event and involved two of our colleagues. We have initiated a thorough and independent investigation into the allegation, and we are fully cooperating with the law enforcement authorities to ensure that the investigation is comprehensive and impartial. The accused employee, an Executive in the Company, has been placed on administrative leave pending the investigation’s outcome. Additionally, we are offering support services to the complainant who has come forward, including counselling and any other resources she may need during this time.

We are committed to fostering a safe and respectful workplace for all employees with zero tolerance for sexual harassment or assault and will continuously strive to maintain a culture of integrity and respect.

We understand the gravity of this situation and the impact it has on all involved. Hence, we will handle this situation with the highest level of integrity and transparency.