- WHO WE ARE
MOFI: Transforming national
wealth into sustainable
prosperity. - INVESTMENTS
Guided by purpose, driven by
principles, and defined by OUR
investment wisdom. - OUR PORTFOLIO
Investing With Vision and Integrity
- NAR
The NAR is a database of FGN
assets for transparency. - RESOURCES
True growth stems from honest
investments and transparent
strategiesMenu
Our Leadership
Our leadership is fully accountable for monitoring regulatory compliance, ensuring adherence to financial and corporate governance standards, and upholding best practices across all operations. Through rigorous oversight, proactive risk management, and alignment with national and global financial regulations, we drive sustainable value creation and long-term economic growth for the country.
THE GOVERNING COUNCIL
The Governing Council, led by the President, H.E Bola Ahmed Tinubu, is responsible for the ultimate oversight and direction of MOFI. Through its guidance, the organization will operate in line with global best practices, as a trusted custodian and manager of the Nigerian Government’s investments and assets.
President Bola Ahmed Tinubu
CHAIR
MR. KASHIM SHETTIMA (GCON)
THE VICE PRESIDENT, ALTERNATE CHAIRMAN IN ABSENCE OF THE PRESIDENT
Dr. Jumoke Oduwole
Minister of Industry, Trade and Investment, MEMBER
MR. SA’IDU AHMED ALKALI
MINISTER OF TRANSPORTATION, MEMBER
MR. FESTUS KEYAMO SAN
MINISTER OF AVIATION, MEMBER
SEN. HEINEKEN LOKPOBIRI, PH.D
HONORABLE MINISTER OF STATE PETROLEUM RESOURCES (OIL), MEMBER
MR. OLAYEMI CARDOSO
THE GOVERNOR OF THE CENTRAL BANK OF NIGERIA, MEMBER
DR. ARMSTRONG UME TAKANG
SECRETARY OF THE GOVERNING COUNCIL, MD/CEO - MOFI
OUR BOARD OF DIRECTORS
The Board of Directors is legally responsible for providing supervision and accountability for the organization while ensuring growth at all levels. The Board ensures that the management team adheres to all ethical standards and effectively manages the organization and its assets.
DR. SHAMSUDDEEN USMAN
BOARD CHAIRMAN
DR. ARMSTRONG UME TAKANG
MD / CEO
DR. FEMI OGUNSEINDE
EXECUTIVE DIRECTOR, INVESTMENT MANAGEMENT
MRS. Oluwakemi Owonubi Babalogbon
EXECUTIVE DIRECTOR, RISK MANAGEMENT
MR. TAJUDEEN DATTI AHMED
EXECUTIVE DIRECTOR, PORTFOLIO MANAGEMENT
MRS. NANA FATIMA MEDE
NON-EXECUTIVE DIRECTOR
DR. IKE CHIOKE
NON-EXECUTIVE DIRECTOR
BARR. ALHERI BULUS Nyako
NON-EXECUTIVE DIRECTOR
MS CHANTELLE ADBUL
NON-EXECUTIVE DIRECTOR
MR BOLAJI ELELU
NON-EXECUTIVE DIRECTOR
The Executive Management
Management executives, comprising MOFI’s leadership, oversee all business activities while ensuring growth and stability across all portfolios.
