President Bola Ahmed Tinubu has appointed Chantelle Abdul, the Group Managing Director (GMD) of Mojec, as a Non-Executive Director on the Ministry of Finance Incorporated (MOFI) Board.
MOFI, established as a key investment vehicle of the Federal Government, oversees a vast portfolio comprising over 130 asset classifications, including Government Owned Entities (GOEs) and Government Linked Companies (GLCs).
Chantelle Abdul’s illustrious career as a visionary leader is marked by her transformative role at Mojec, where she has steered the company into becoming the largest manufacturer of electricity meters in sub-Saharan Africa. Her success extends across continents, showcasing expertise in sectors such as Power and Energy, Agriculture, Mining, Real Estate, and Hospitality.
Under Chantelle’s leadership, Mojec has pioneered groundbreaking initiatives, including the introduction of smart meters and the innovative Mobile Meter Asset Provider (MAP) program. Notably, Mojec’s strategic partnerships with nine out of the 11 power distribution companies (DisCos) have resulted in the production and installation of over one million smart meters in the Nigerian market.
Speaking on her appointment, Chantelle expressed her commitment to leveraging her wealth of experience to contribute to the economic growth of Nigeria. “Nigeria is positioned for global trade in the next 20 years. 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 stated.
This appointment is anticipated to enhance MOFI’s performance, aligning with the commitment to optimal stewardship of the diverse portfolio managed by the ministry. Chantelle Abdul’s inclusion on the MOFI Board is poised to bring about valuable insights, further solidifying her reputation as a key player in the economic transformation of Nigeria.