By Happiness Edeawe
Aliko Dangote, Africa’s richest man and founder of Dangote Cement Plc, has retired as Chairman of the Board of Directors, effective July 25, 2025.
According to a statement by the company’s spokesman, Anthony Chiejina, Dangote is stepping down to focus more attention on the refinery, petrochemicals, fertilizer, and government relations divisions, in order to drive the company’s five-year business trajectory to new heights.
The Board of Directors has announced the appointment of Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman. Mariya Aliko Dangote has also been appointed to the Board of Directors, while Prof. Dorothy Ufot has retired from the Board.
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Ikazoboh brings a wealth of experience to his new role, having previously served as Group Chairman of Ecobank Transnational Inc. and Managing Partner at Deloitte West and Central Africa.
He has also worked with the Securities and Exchange Commission (SEC) as an Interim Administrator to carry out capital market reforms of the Nigerian Stock Exchange (NSE) and the Central Securities Clearing System Plc. (CSCS).
In his acceptance speech, Ikazoboh expressed his honor in accepting the role and pledged to uphold the highest standards of leadership and dedication.
“I am truly honored to accept the role of Chairman of Dangote Cement Plc,” he said. “I pledge to uphold the highest standards of leadership and dedication in this role, and I look forward to working with the Board and management team to drive the company’s continued success.”
Ikazoboh also outlined his vision for Dangote Cement Plc, emphasizing the company’s commitment to sustainable growth, operational efficiency, and core values.
“My vision for Dangote Cement Plc is built upon a foundation of sustainable growth, operational efficiency, and unwavering commitment to our core values,” he said. “We will continue to focus on operational excellence, strategic expansion, sustainability, innovation, and community engagement.”
The appointment of Ikazoboh as Chairman is seen as a significant development for the company, which has been a major player in the African cement industry for many years.
With Ikazoboh at the helm, Dangote Cement Plc is expected to continue its legacy of excellence and growth, building on the foundation laid by Aliko Dangote.
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