Aliko retires from Dangote Cement to drive refinery’s growth

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The President of the Dangote Group, Alhaji Aliko Dangote, has announced his retirement as a Director and the Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025

According to a statement on Friday by the Group Chief Branding & Communications Officer, Anthony Chiejina, Dangote is relinquishing his position as chairman and retiring from the board so as to focus more attention on the $20bn refinery, petrochemicals, fertiliser and government relations.

This is in order to drive the company’s five-year business trajectory to a superlative height.

“The board of Dangote Cement has, therefore, announced the appointment of an independent non-executive director, Emmanuel Ikazoboh, as the new Chairman of the Board of Directors.

“In the same vein, Hajiya Mariya Aliko Dangote was also appointed to the Board of Directors of the Company while Prof. Dorothy Ufot retired from the Board,” the statement added.

The statement said Dangote left giant footprints as he retired from the board.

“His vision and tenacity redefined not just a company, but the entire cement industry landscape by becoming Africa’s largest cement producer and largest exporter of cement and clinker in Sub-Saharan Africa,” the statement added.

The new Chairman of the Board of the Company, Ikazoboh in his acceptance speech, said he was truly honoured to accept the role of Chairman of Dangote Cement Plc while pledging to uphold the highest standards of leadership and dedication in this role.

He described the company as a beacon of African enterprise, which has consistently demonstrated resilience, innovation, and a commitment to excellence.

“Emmanuel Ikazoboh was previously the Group Chairman of Ecobank Transnational Inc., the Pan-African banking group. He started his professional career at Akintola Williams Deloitte.

Ikazoboh, who until the new development served as an independent non-executive director, has over 40 years of experience in senior management roles in Nigeria, Côte d’Ivoire, Cameroon and South Africa.

 

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