Dangote Cement has announced that Aliko Dangote, its major shareholder and founder, has stepped down as Chairman of the cement company.
In a statement released on Friday, Anthony Chiejina, Chief Corporate Communications Officer at Dangote Group, said that the businessman has given up the role to concentrate on Dangote Petroleum Refinery , the petrochemical plant, and fertiliser operations, in addition to government relations.
"Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025,".
"He is relinquishing his position as chairman and retiring from the board so as to focus more attention on the Refinery, Petrochemicals, Fertiliser and Government Relations, in order to drive the company's five-year business trajectory to a superlative height." Chiejina said.
Chiejina also added that Emmanuel Ikazoboh, who serves as an independent non-executive director, has been appointed as the new chairman. Furthermore, the spokesperson revealed that Hajiya Mariya Aliko Dangote has joined the board, while Dorothy Ufot, an independent non-executive director, has stepped down from the board.