Aliko Dangote, Africa’s richest man and founder of Dangote Group, has retired as Chairman of the Board of Directors of Dangote Sugar Refinery Plc after a 20-year tenure.
This is contained in a statement signed by Dangote Sugar Refinery’s Company Secretary, Temitope Hassan on Friday.
The state said Dangote’s retirement takes effect from June 16, 2025.
Dangote played a pivotal role in shaping the company’s strategy and culture, driving expansion and solidifying corporate governance.
During his leadership, Dangote Sugar Refinery executed significant backward integration projects in Adamawa, Taraba, and Nasarawa states to boost domestic sugar production.
The company launched major projects to strengthen its supply chain and increase local sugar production.
Dangote’s leadership built a robust foundation for growth and sustenance.
The Board of Dangote Sugar Refinery Plc has appointed Arnold Ekpe, an Independent Non-Executive Director and seasoned banker, as the new Chairman, effective June 16, 2025.
Ekpe will bring extensive leadership experience, having held senior positions in the financial sector and other key industries.
Ekpe is expected to build upon the company’s successes, further solidifying its market position and long-term sustainability.
