Bola Tinubu Chooses Mojec’s GMD, Abdul, as Non-Executive Director for MOFI Board

President Bola Tinubu has formally appointed Chantelle Abdul, the Group Managing Director of Mojec, as one of the Non-Executive Directors on the board of the Ministry of Finance Incorporated (MOFI).

MOFI, an investment entity of the federal government, holds the responsibility of managing a wide array of investments, including Government Owned Entities (GOEs) and Government Linked Companies (GLCs), encompassing over 130 asset classifications.

Recognized as a forward-thinking leader, Abdul has played a pivotal role in the transformation of Mojec into a metering powerhouse, expanding it into a conglomerate that stands as the largest manufacturer of electricity meters in sub-Saharan Africa.

With a proven track record of leading rapid-growth startups and companies in Africa, Asia, Europe, and America, she has demonstrated her expertise in diverse sectors such as Power and energy, Agriculture, Mining, Real Estate, and Hospitality. Her extensive experience and strategic insight make her a valuable addition to the board of MOFI.

In response to her appointment, Abdul has expressed her unwavering commitment to providing strategic expertise in order to drive the Nigerian economy to new heights through her valuable contributions to the ministry.

“Nigeria is poised to become a major player in global trade over the next 20 years, and we have a substantial amount of work ahead of us as a nation. As one of the directors on the board, I see this appointment as an opportunity to leverage my expertise in addressing various economic challenges and igniting a resurgence in the economy,” she remarked.

This strategic appointment is expected to elevate performance and optimize returns on investments, demonstrating a dedication to responsible management of the diverse portfolio overseen by MOFI.