ARM-Harith Infrastructure Investments Ltd Designates Mrs. Rachel More-Oshodi as CEO

ARM-Harith Infrastructure Investments Ltd is pleased to announce the designation of Mrs. Rachel More-Oshodi as its Chief Executive Officer, effective March 2024. This follows the recent appointment of Mrs. Tariye Gbadegesin to the role of CEO at the Climate Investment Funds in Washington DC, United States.

Mrs. More-Oshodi, a seasoned executive with over two decades of extensive expertise in finance, infrastructure and energy, steps into this role after her successful tenure as Deputy Vice President Commercial Sales & Specialties at Africa Total Energies. Previously, she held significant positions, including Head of Infrastructure Finance, West Africa at Rand Merchant Bank and roles at the International Finance Corporation (IFC) and the Inter-American Development Bank (IaDB) in Washington D.C. Mrs. More-Oshodi, who holds dual French and U.S. citizenship, is originally from Cameroon, further strengthening ARM-Harith’s commitment to diverse leadership and Pan-African development.

In addition, the Board has appointed Mr. Jobalo Oshikanlu as Deputy CEO of the Fund Manager, effective January 1, 2024. A foundational member of the Fund Management Team at ARM-Harith, Mr. Oshikanlu brings over 25 years of experience in commercial legal, infrastructure finance, and private equity. Prior to this appointment, he served as the Executive Director for Legal & Investments. Mr. Oshikanlu’s deep expertise and Nigerian heritage further reinforce the Fund’s commitment to nurturing African talent and expertise.

Mr. Offong Ambah, Chairman of the Board of Directors, said: “We are thrilled to have Mrs. More-Oshodi lead ARM-Harith. Her remarkable track record in managing multi-country, multi-business platforms, and her profound understanding of energy and infrastructure investment across Nigeria, Africa, and globally, uniquely position her to drive our next growth phase.”

Mrs. More-Oshodi added: “Joining ARM-Harith as CEO is not just another occupation, it is a vocation. Together with the exceptional team at ARM-Harith, I am dedicated to unlocking the transformative power of infrastructure and renewable energy to catalyze economic growth and enhance the quality of life across the continent. It is truly a unique opportunity to enact meaningful change, leverage our collective expertise and resources to create a thriving, resilient Africa – one that stands as a testament to what is possible when passion aligns with purpose.”

The appointment is subject to concluding the regulatory requirements with the Securities and Exchange Commission and relevant authorities.

About ARM-Harith Infrastructure Investments Ltd.

ARM-Harith Infrastructure Investments Ltd is a leading pan-African infrastructure private equity fund management company that invests in sustainable infrastructure projects which support economic growth and development in Africa. The Fund is committed to investing in projects that have a positive impact on local communities and the economies in which it operates.

2024 – EMBRACING A NEW YEAR

By Mofoluke Keshinro TEP

As we step into the new year, we extend warm wishes for a joyous and prosperous time ahead! This marks a valuable opportunity to not only conceptualize new plans but also to outline the practical steps needed for their execution.

Now, let’s consider a crucial question: What changes do you intend to make this year?

This question carries significance because many of us create plans and resolutions at the start of the year, only to abandon them a few months later. It’s common to revisit these goals towards the year’s end, only to find them unrealized. To ensure success, it’s essential to approach goal-setting with intentionality, particularly when it comes to estate planning.

In the context of estate planning resolutions, we strongly advise engaging with an Estate Planning expert promptly. This proactive step ensures that you receive guidance on what needs to be done and how to go about it.

Make your estate planning resolutions a top priority and commit to implementing the recommendations provided by the Estate Planning expert. Here are some key areas to focus on:

1. Facilitate Access to Your Assets: Plan to make it easy for your loved ones to access your assets.

2. Prepare for Medical Emergencies: Consider creating a medical power of attorney or obtaining health insurance to prepare for unforeseen medical situations.

3.  Invest in Your Children’s Education: Strategize and plan for your children’s education.

4. Prioritize Retirement Planning: Start planning for retirement early by funding your retirement savings account adequately. This ensures financial sustainability post-retirement.

5. Craft a Succession Plan for Your Companies: Don’t assume that your children will automatically take over your business. Seek professional guidance in crafting a succession plan.

6. Update Your Estate Plan with Life Changes: If you’ve recently married, divorced, or experienced any life changes, update your estate plan accordingly.

7. Contribute to Charities: Plan for the charities you are passionate about to sustain your ideologies, whether you are actively involved or not.

8. Ensure Adequate Funding for Your Trust: Regularly review and fund your Trust to meet the beneficiaries’ needs, considering inflation and economic conditions.

9. Seek Investment Advice: Consult with your financial planner for investment advice and portfolio diversification.

10. Avoid Procrastination: Overcome procrastination by recognizing its negative impact. Plan now to ensure your family is well-prepared for whatever the future holds.

For personalized assistance in crafting an estate plan tailored to your evolving needs, reach out to ARM Trustees Limited. Whether you have questions or concerns, we welcome your emails or calls and look forward to assisting you.

Interested in setting up an Estate Plan today? Contact us or send  us an email to [email protected]