Aliko Dangote, Africa’s richest man and founder of Dangote Cement Plc, will retire as Chairman of the company’s board, effective July 25, 2025, according to a statement made on Friday by Anthony Chiejina, Chief Branding and Communications Officer of the Dangote Group.
Dangote is stepping down to focus more intently on his other major ventures, including the Dangote Petroleum Refinery, petrochemicals, fertiliser plants, and 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 25 July 2025,” Chiejina stated.
“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,” he added.
The board has appointed Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman of Dangote Cement. In addition, Hajiya Mariya Aliko Dangote has joined the board, while Professor Dorothy Ufot, an independent non-executive director, has retired.
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