NIGERIAN billionnaire businessman and industrialist, Alhaji Aliko Dangote, has officially announced his retirement as Chairman of Dangote Sugar Refinery Plc, with effect on Monday, June 16, ending two decades of leadership at the company.
This was confirmed in a statement on Wednesday, June 11, highlighting the company’s commitment to good corporate governance and strategic succession planning.
The statement said: “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.
Independent Non-Executive Director and seasoned financial executive, Arnold Ekpe, takes over from him in that position.
Ekpe previously served as Group Chief Executive Officer of Ecobank and will assume the role of Chairman on the same date.
The company expressed gratitude to Dangote for his leadership and welcomed Ekpe to his new role, as it looked forward to the next chapter in its journey under his leadership.
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