Aliko Dangote has retired as chairman of Dangote Cement. Emmanuel Ikazoboh has been appointed to replace him.
Nigerian billionaire and industrialist Aliko Dangote has stepped down as Chairman of the Board of Directors at Dangote Cement. A senior official at the company confirmed the development to PREMIUM TIMES on Friday evening.
Emmanuel Ikazoboh, previously an independent non-executive director, has been appointed to succeed Mr Dangote. Ikazoboh brings over four decades of experience in senior management roles across Nigeria, Côte d’Ivoire, Cameroon, and South Africa.
He began his career at Akintola Williams Deloitte and later served as Group Chairman of Ecobank Transnational Inc., a leading Pan-African banking group. He also held leadership roles at Deloitte in West and Central Africa.
In June, Mr Dangote retired as Chairman of Dangote Sugar Refinery Plc, ending two decades at the helm. That move, like this latest one, was described as “in line with the principles of good corporate governance and succession planning.”
Dangote Industries Limited remains one of Africa’s largest conglomerates with interests in cement, sugar, salt, and oil refining.