Aliko Dangote has announced his retirement as Chairman of Dangote Sugar Refinery Plc, bringing his leadership of nearly 20 years to a close. His exit marks a major transition in the company’s management.
A corporate disclosure signed by the company’s secretary, Temitope Hassan, confirmed that Dangote’s retirement takes effect on June 16, 2025. Dangote has led the board since 2005, guiding the company through several expansion projects and improving its corporate governance.
“In line with the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc hereby announces the retirement of our esteemed Chairman of the Board of Directors, Alhaji Aliko Dangote (GCON), effective June 16, 2025,” the statement read.
During his time as chairman, Dangote Sugar launched Backward Integration Projects in Adamawa, Taraba, and Nasarawa States to support local sugar production and reduce import dependence.
Following a detailed selection process, former Ecobank Group CEO Arnold Ekpe has been appointed as the new chairman. The board praised Dangote’s leadership and welcomed Ekpe, who brings strong banking and corporate governance experience.
Article updated 1 day ago. Content is written and modified by multiple authors.
