Tinubu names Armstrong Takang as MOFI CEO/MD

President Bola Tinubu has approved the appointment of Armstrong Ume Takang as the CEO/Managing Director of Ministry of Finance Incorporated (MOFI) Board of Directors.
According to Ajuri Ngelale, Special Adviser to the President on Media and Publicity, Dr. Shamsudeen Usman has been appointed Board Chairman, and Dr. Armstrong Ume Takang has been appointed CEO/Managing Director.
Other appointed members include
“Mr. Tajudeen Datti Ahmed Executive Director, Portfolio Management; Mr. Femi Ogunseinde Executive Director, Investment Management; and Mrs. Oluwakemi Owonubi Executive Director, Risk.
“Mrs. Fatima Nana Mede, Mr. Ike Chioke, Ms. Chantelle Abdul, Mr. Alheri Nyako, and Mr. Bolaji Rafiu Elelu are all Non-Executive Directors.
“President Tinubu places a premium on accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises, as well as on the consistent attainment of the highest returns possible on all investments made in the trust of the Nigerian people.
“As a result, the President expects nothing less than the highest level of results-driven performance from this highly experienced and qualified MOFI Board and Management team,” the statement reads.