James Fabola Jr

Chief Financial Officer, Arnergy

James Fabola Jr

CFO – Arnergy

In the intricate web of corporate leadership, Chief Financial Officers (CFOs) emerge as architects of financial strategy, steering companies towards prosperity. The role of CFOs has transcended traditional boundaries, evolving into a dynamic force that not only ensures fiscal prudence but also drives overall business success. Their influence extends far beyond balance sheets, as they actively participate in strategic decision-making, risk management, and long-term planning.


One shining example of this transformative influence is James Fabola Jr., the esteemed CFO of Arnergy, a prominent cleantech company revolutionizing energy solutions in Nigeria. James’s wealth of experience and financial acumen positions him as a key player in Arnergy’s trajectory of success. As Arnergy strives to enhance energy access and digital inclusion on the continent, James Fabola Jr.’s expertise plays a pivotal role in orchestrating the company’s financial strategy. Recognized among The Most Impactful CFOs to Watch in 2024, James is not just managing finances; he is shaping the financial narrative of Arnergy, contributing significantly to its journey as a pioneering force in the cleantech sector.

Journey and Influence

James Fabola Jr.’s early memories revolve around the close-knit circle of his family, including his parents and two brothers. Born in the Northern city of Kano, his formative years were marked by a sense of unity until the family’s relocation following the outbreak of the sharia war. Witnessing the impact of conflict based on regional and religious differences left an indelible mark on him, instilling an early understanding of the fragility of human life. Reflecting on a visit to Kano years later for work, he found himself grappling with the memories of those challenging times.


In contemplating his educational path, James acknowledges the subtle influence of his father, who, despite denying any role in shaping his children’s academic choices, played a pivotal role. Despite harboring a childhood aspiration to follow in his father’s legal footsteps, the era of the early 2000s and the dot com boom saw a shift in direction. James, along with his brothers, found themselves guided toward the sciences, particularly Information Technology—a decision that, upon reflection, unveils the subtle impact of familial influence during a time when technological advancements were rapidly reshaping career trajectories.

From Numbers to Impact

James Fabola Jr. discovered his affinity for numbers early on and took pride in eschewing calculators—an inclination that persists to this day, much to the amusement of those around him. Fueled by his interest in global events following the 2009 financial crisis, he found his calling in finance, captivated by the far-reaching impact of decisions made by a select few.


Embarking on a journey to delve deeper into finance, James pursued an MSc in Finance and Management at the Cranfield School of Management in the United Kingdom. The experience, though initially overwhelming, eventually crystallized his understanding and ignited a passion to return to Nigeria for a more impactful career. A stint in private equity post-graduation proved to be a formidable learning curve, offering invaluable lessons on the consequences of ill-advised decisions.


James expanded his horizons by joining a Development Finance Institution in the West Africa office  in Accra, Ghana, where he focused on investments in manufacturing, food and agribusiness, and renewable energy. The role exposed him to critical aspects of corporate governance, stakeholder management, and the intentional pursuit of developmental impact. While harboring a long-standing desire for an MBA, it wasn’t until the introspection forced by the COVID-19 pandemic that he seized the opportunity to enroll at INSEAD, a top-ranked business school.


Post-INSEAD, James’s career trajectory led him to a clean energy pan-African VC fund, aligning with his aspiration to play a more operational role. However, Arnergy, a company he had previously invested in during his tenure at the Development Finance Institution, presented an irresistible opportunity. Joining Arnergy’s management team as CFO marked a full-circle moment, where his financial expertise is now poised to propel the company into its next phase of growth.

As the CFO

James Fabola Jr. assumes a multifaceted role as a leader at Arnergy, spearheading key responsibilities that encompass fundraising and overseeing the finance team. His role extends across critical functions, including corporate finance, treasury, financial reporting, and cash flow management. In addition to his financial oversight, James has expanded his influence to include supply chain, legal, and ESG.


In his own words, he likens his role to that of a quarterback, orchestrating and supporting the team’s efforts to achieve the organization’s corporate objectives. As Arnergy charts an ambitious course for the future, James remains confident in the attainability of their goals, especially given the evolving landscape that has strengthened the solar value proposition and expanded the demand-supply gap.


Navigating this dynamic terrain has been an exhilarating adventure for James. While the transition to a new CFO role brings its own set of learning curves, he views it as an opportunity to understand the intricacies of the business thoroughly. Patience has been a key virtue, allowing him to balance his natural inclination for effectiveness with the recognition that some aspects require time for clarity.


In his daily pursuit, James focuses on incremental success, acknowledging that small achievements compound over time. While his role demands strategic thinking, he places a premium on the significance of daily actions, recognizing that it is the collective impact of these efforts that propel the organization forward.

Aligning Personal and Professional Excellence at Arnergy

In his capacity as CFO at Arnergy, James Fabola Jr. has set ambitious goals for himself. His focus revolves around the successful closure of the Series B equity and debt fundraising, a critical financial milestone for the company. Additionally, he is actively engaged in supporting the meticulous execution of Arnergy’s 5-10 year business plan and remains dedicated to fostering the development of junior team members.


Balancing personal and professional aspirations, James perceives a deep interconnection between the two facets of his life. Acknowledging that a significant part of his current identity is intertwined with his work, he views this integration as a source of personal fulfillment. For James, the pursuit of excellence in his professional role aligns with his personal ethos, where a commitment to doing the job to the best of his abilities is guided by the belief that, with divine grace, the corresponding rewards will naturally unfold—a philosophy that has proven successful in his journey thus far.

Knowing James Fabola Jr

In his leisure time, James Fabola Jr. finds solace in sports, although lately, the performance of his favorite teams like the Golden State Warriors, Manchester United, and the Nigerian national football team has left much to be desired, altering the once-uplifting nature of the experience. Acknowledging the changing dynamics, he humorously contemplates whether it’s a sign of old age, as he increasingly finds enjoyment in moments of solitude and restful sleep.


While he remains somewhat active, engaging in occasional football games, James admits to grappling with the evolving concept of work-life balance. The ongoing exploration comes with personal costs, but he leans more towards the idea of work-life harmony. His aspiration is to gradually decipher the intricacies of achieving a “healthy” equilibrium between work and personal life, recognizing the need for adaptability in navigating this evolving aspect of his journey.



James Fabola Jr
Chief Financial Officer


Arnergy is a cleantech company offering sustainable solar solutions that are tailored to address pressing energy needs and deliver reliable 24/7 electricity to power various capacities of domestic appliances, office devices, and commercial equipment.

Read Magazine

View more profiles

Beyond his professional pursuits, Jesse's passion for speed and racing defined much of his youth.

Beyond his professional pursuits, Jesse's passion for speed and racing defined much of his youth.

Jack Sharp oversees every aspect of Progressive Screens, from product design to nurturing the company culture.

Fiona Cho always had a unique and deep personal connection towards the company.

Burns Virtual Psychological Solutions prioritizes a meticulous approach with each patient, emphasizing quality over quantity.

Earth Retention captured Malia's attention due to the opportunity to address real challenges and implement meaningful changes within the company.

Grace's involvement in implementation projects for strategic clients sparked her interest in the "Field Organization," where she ...

Carina and her staff are essential components of a worldwide family, having joined Hosts Global with pride.

Angela Cherry firmly believes that as long as one is alive, there are endless opportunities for learning and self-improvement.

Beyond her professional avatar as a Boss Woman, Margot is a hardcore pleasure seeker at heart. Anything which guides her away from the mundane way of life,

Valerie Berthereaux feels incredibly fortunate to have a loving and supportive family and friends. Her two children bring her immense pride,

Balancing her personal life with her role as a transformative coach, Jennifer practices what she teaches. She remains true to her values, recognizing the essential.

Passionate about healthy living, Patricia Berrocal, an advocate for balanced well-being, finds joy in activities such as sports, yoga, and skiing.

Committed to both personal and professional development, Paula prioritizes continuous learning to enhance her performance and capabilities.

With a steadfast vision for advancing along this path, Winnie sought counsel from seasoned entrepreneurs.

Renée Dobos has a profound personal connection with the transformative power of education.

From a young age, Christine McGuire drew inspiration from her parents' strong work ethic.

Caroline Alan, not hailing from a scientific or medical background but rather from the tech realm,

In his daily pursuit, James focuses on incremental success, acknowledging that small achievements compound over time.

Frank and his team’s philosophy is to treat the rest of the organization as their clients, and themselves as a key service provider to the company.

At Doppelmayr, Daniela Guerrero has emerged as a trailblazer in this movement.

He progressed with his life obtaining an education in the field of Accounting and Commerce at Deakin University.,

As a young cross-country skier, Viktoria traveled extensively during weekends for competitions across Finland.

Veronica Boh, a Malaysian of Chinese heritage, spent the early years of her life in the UK, Germany, and Taiwan, returning to Malaysia at the age of five.

Ms. van Teeffelen's early years were truly remarkable, marked by her upbringing as an expatriate child.

Nicole Mauthe was born in November 1978 in a small village in Bavaria, Germany, as the daughter of a carpenter and a technical draughtswoman.

Born and raised in Vienna, Austria, Nicole Lehrer's upbringing already shaped her groundwork for her future mission.

Born in Little Rock, Arkansas, Amber entered the world to a courageous teenage mother who believed that entrusting her child to a more prepared family was the best course of action.

Amidst the vast digital highways of submarine cables, a standout luminary emerges in the exciting world of modern telecommunications.

Persuaded by her experience, Laurel Sim decided to partner with Taleo during a crucial point in her career.

The expertise and guidance of CTOs are vital for companies as they navigate the complexities of the modern digital era.

Luke Marchant stated that his love of technology was sparked at a young age while reflecting on his journey.

Caio Almeida, a pioneer in the field of creative technology, serves as the Chief Technology Officer of OPTO CREATIVE LAB INC.

Tristan McKinney envisions a future for Sofi Exploration that encompasses relentless growth and adaptability.

Being that person who was always interested in sports since his early years, Mike Edwards was appointed as a red shirt for his University Basketball team.

In his role as COO, Kevin has been involved in various aspects, from overseeing expansions into new territories to crafting employee benefit plans.

Dominic Haas leads a youthful and dynamic team at Legacy Network, setting the tone for a culture steeped in growth and entrepreneurial mindset right from inception.

The crucial role played by specialty pharmacy has never been more evident in a time of unheard medical discoveries.

In recent years, there has been an incredible growth in the number of high-quality real estate firms operating worldwide.

During her tenure at the Firm, Ana has assumed diverse roles, finding particular fulfillment through her active participation.

There are many opportunities and challenges that come with working as a Banking Client Partner.

Ana O. Ramirez has vital direct knowledge of the particular requirements of Rhisco’s target market.

As the Director Principal Alison ensures that the workspace is a testament to their ...

Beyond her work at Bonjour et co., Alexandra Kemp leads a social and active lifestyle.

Robert SEREC, the CEO and visionary founder of the White Hydrogen Coalition, is in charge of the organization.

Lorri Haines finds himself amidst the bustling dynamics of a new addition to the household—a baby that has added a layer of busyness to his days.

Under Gert J. Roselt’s leadership, Probe Integrated Mining Technologies has successfully built a dynamic team and a robust network.

Technology offers limitless prospects for Daniel Pizon, a tech fanatic driven by an insatiable quest for innovation and progress.

Scott Berry assumes responsibility for overseeing the agency's service offerings and pricing strategies.

Roger Clements, the driving force behind the marketing and strategy function at Matrix, emphasizes that the measure of success for both himself and his team is crystal clear.

In his marketing strategy, Ori Matarasso places a strong emphasis on executing campaigns at a very specialized level.

Lars feels incredibly privileged to be a member of a remarkably prosperous company that has experienced extraordinary achievements in recent times

Frank Huang has been a valued member of Genesis Wealth Management since 2020.

As the CMO of RSA-Cannabis, Dylan Mulders has positioned the company as a Registered Financial Service Provider catering to the cannabis industry in Africa and soon globally.

Benedikt Grass, who holds the position of Chief Marketing Officer (CMO) at PassportCard Deutschland GmbH.

Ms. Lee, operating as the current Chief Marketing & Development Officer at CareSTL Health, has an impressive background that reflects her skillset.

A Chinese National by origin, Celina Shi has been living in the UK for the past 13 years. She began her career in Motorola as the Team Lead.

Allan can easily be described as a serial entrepreneur, constantly devising novel solutions to various problems

Alexander Koenig started his career as a consultant at the Boston Consulting Group (BCG) and McKinsey & Co.

As the Managing Director, Mr. McKenna sees himself as a coach who motivates and inspires others.

Prudence Masako faced numerous challenges during her career, but two stood out.

As a co-founder, Ms. Lauren’s main objectives include staying abreast of the latest developments and trends in the education industry.

As a young adult fresh out of college, Kathi Klawitter was eager but unsure of her path.

Anna-Maria Hoffmann oversees the company's efforts to satisfy the mass of orders despite the exclusive and restrictive distribution of the luxury industry.

As a female leader and the CEO of censhare, Esther Donatz believes in creating an environment where all women have the opportunity to succeed.

Zaher El Houssari always begins with a written plan, aiming to minimize unnecessary expenses and prioritize short-term goals.

Yeliz Kalafat's leadership in financial management has been instrumental in driving the company's growth and success.

As the Group CFO for the NIRAS Group, Ms. Christensen is tasked with overseeing the group support functions, including Finance, IT, People Development, and Communication.

Nicolas Dupont ensures that all the lodges and activities in Vaolo’s inventory have undergone a rigorous 15-point evaluation process and have received certification and labeling.

As the Chief Financial Officer, one of Lee’s primary responsibilities is to oversee OnlyFans vast payments network and manage its financial risk exposures.

Henriksson has been with Eton Shirts since 2019 and has been instrumental in leading the brand's financial strategy, driving growth, and implementing operational changes.

As CFO, Couture has been instrumental in overseeing the financial operations of the company, implementing cost-saving measures, and driving profitable growth.

Nadir Causholli has distinguished himself as a dynamic and forward-thinking leader, propelling CFO Pharma to new heights of excellence.

As the CEO of Aparavi Software, Gregor Bieler is leading the company towards change by emphasizing the importance of data management in today's business landscape.

Making remarkable contributions to the software industry, today women leaders are managing some of the most innovative and successful software companies .......

Dr. Eric Leire, the CEO of Genflow Biosciences, is one such leader. He dedicates himself to the development of novel gene-based therapeutics targeting the aging process in dogs and humans.

Vladimir Stulančák venture into this field started in the year 2009, when he was looking for a change from the automotive industry, where he had served for a good amount of time.

Just like any other entrepreneur, for Chris - starting his very own skincare brand has been both the most fulfilling and nerve-wracking experience of his life.

Richard Sarti heads the operations at NODES as the CEO, who is known for his quick yet effective decisions

Dr. Marine Hadengue grew up in the Caribbean Islands and spent more than 15 years residing in Canada and the United States before relocating to the South of France.

A leader in the field of software development should possess a diverse range of skills and qualities to stay ahead in the highly competitive market.

Delmar Assis, who as the CEO of DRZ Corporation is converting regular companies to well-performing data-driven companies. Since its inception - DRZ has made a commitment to transform data....

Peter Nagy is focusing on creating outstanding RPG games, which aligns with his long-standing dream of creating immersive fantasy worlds and adventures.

Edwin Elias is the current Chief Executive Officer of Morupule Coal Mine (MCM) - Botswana, which has a rich history of over 40+ years. The mine currently runs both the underground and opencast operations...

The Entrepreneur's Source (TES) has been the sole Career Ownership Coaching organization for more than 38 years, offering education, awareness, and discovery to countless individuals in...

Professor Petro Terblanche has a successful track record in the strategic and operational management of technology intensive organizations.

Martha Shwartz is a founding partner of Martha Shwartz Partners (MSP), a leading international design practice whose work focuses on regenerating, activating and beautifying natural sites and urban centers.

As the current Vice President and an Executive Board Member of UDN Group, Ms. Cynthia Huang has earned a name for herself as a manager who is more of a friend and a guide to all her colleagues and subordinates.

As the CEO of a non-profit charitable organization called The Open Doors, which for 25 years has been working relentlessly towards helping those individuals and families who find themselves vulnerable in situations,

Ms. Isabel is a strongly passionate individual who leads by example striving to make an impact on teams, business performance and ultimately and most importantly, she says, for patients.

As the CEO of Horizon Empowers, Gretchen Villegas works relentlessly to identify and cater to the unique needs of each individual child within their care, guiding them through the rescue-restore-empower framework.

As the Chief Marketing Officer of ABBYY, Ms. Lukianchuk is the main person in charge of accelerating its growth, well-focused towards exponential business impact.

The CEO and the Founding-Partner of Olympus Marketing, it was always Diana Muniz-Lebrun’s passion to create something that she is really interested in, and in this very pursuit Olympus Marketing was started.

Denise Schuster is a prominent figure in the logistics industry, known for her exceptional leadership and expertise in the field. Schuster has made significant contributions to the industry.

As the Co-Founder & CEO of PitchSee, Nataša Đuričić displays tremendous vigor, passion and support, helping several businesses grow in their own space, and prove their mettle of innovating and outperforming.

Adriana Vadillo currently leads Global Computing, managing the operation and sales, working in the field to identify needs and translate them into business opportunities.

Annie Liao Jones’ story as a capable women leader in marketing, began on these very lines, serving as the Founder and CEO of Rock Candy Media.

Margo attributes the successful resurgence of SEAVIEW LEARNING to her team, Kathryn “Miss Kat” Oteri and Daniel Badger.

Juliet La, the 21-year-old Marketing Director, as she narrates her real-life story about turning adversity into opportunity.

A female chemical engineer with two Master’s degrees, a certified Executive Coach and Emotional Intelligence practitioner, a former Fortune 50 executive.