President Bola Ahmed Tinubu has announced the appointment of 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). The ministry is an investment vehicle of the Federal Government to manage investments and a diverse portfolio of over 130 asset classifications, including Government Owned Entities (GOEs) and Government Linked Companies (GLCs).
As a visionary leader, Chantelle has
transformed Mojec into a metering empire, evolving it into a conglomerate that
stands as the largest manufacturer of electricity meters in sub-Saharan Africa.
She has successfully led hyper-growth startups and companies across Africa,
Asia, Europe, and America, demonstrating expertise in various sectors such as
Power and energy, Agriculture, Mining, Real Estate, and Hospitality. Her wealth
of experience and strategic insight make her a valuable addition to the board
of MOFI.
Commenting on the appointment, she
expressed her dedication to providing strategic expertise with the aim of
propelling the Nigerian economy to new heights through her invaluable
contributions to the ministry. "Nigeria is ultimately positioned for global
trade in the next 20 years; as such, we have a lot of work ahead of us as a
nation. As one of the directors on the board, this appointment will give me the
opportunity to contribute my expertise to address several economic challenges
and spur a renewal of the economy," she said.
This strategic appointment is poised to
enhance performance and maximise returns on investments, reflecting a
commitment to optimal stewardship of the diverse portfolio managed by MOFI.
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