President Tinubu Appoints Mojec’s GMD Chantelle Abdul as Non-Executive Director on MOFI Board

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.