London, UK – 9 July 2025
Dr. Armstrong Ume Takang, Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), Nigeria, has been honoured with the prestigious African CEO of the Year award at the 15th African Business Leadership Awards (ABLA) 2025, hosted during the ALM Africa Summit London.
The award recognises Dr. Takang’s visionary leadership and transformative impact at the helm of MOFI, the investment arm of the Federal Government of Nigeria. Under his stewardship, MOFI has undergone a landmark restructuring, emerging as a strategic institution that is driving value creation, transparency, and performance across Nigeria’s portfolio of state-owned enterprises.
Dr. Takang has championed corporate governance reforms, asset optimisation strategies, and capital mobilisation initiatives that have significantly enhanced MOFI’s contribution to national economic development. His commitment to institutional excellence and results-driven management has repositioned MOFI as a model for public asset management on the African continent.
The African CEO of the Year Award celebrates business leaders whose bold vision, strategic acumen, and operational excellence have delivered measurable impact and inspired growth across Africa’s corporate landscape. Dr. Takang’s recognition reflects his role in transforming how governments leverage public investments to deliver prosperity for their citizens.
The African Business Leadership Awards, organised by African Leadership Magazine, spotlight trailblazing individuals and institutions across sectors that are shaping the future of Africa through innovation, governance, and purposeful leadership.
About African Leadership Magazine
African Leadership Magazine is published by the African Leadership Organisation, a UK-registered company (Company No. 07435198). Since 2008, the magazine has offered a global platform to promote African excellence and highlight the individuals and institutions transforming the continent. Through its global forums and editorial platforms, it has engaged more than 1.2 million readers worldwide and facilitated over $5 billion in investments and strategic partnerships across Africa.
