Africa’s wealthiest businessman Aliko Dangote will step down from his role as Chairman of Dangote Cement Plc on July 25, 2025, according to an official statement released Friday by Dangote Group’s Chief Branding and Communications Officer Anthony Chiejina.
The industrialist is departing his position to concentrate on strategic priorities including the massive Dangote Petroleum Refinery project, petrochemical and fertilizer operations, as well as government relations.
“Founder Aliko Dangote has declared his retirement as Board Chairman and Director effective July 25, 2025,” Chiejina announced. “This move allows him to dedicate his full attention to steering our refinery, petrochemicals, fertilizer and government relations initiatives to new heights as we execute our ambitious five-year growth plan.”
The cement company’s board has appointed current independent non-executive director Emmanuel Ikazoboh as the new Chairman. The leadership transition also sees the appointment of Hajiya Mariya Aliko Dangote to the board, while independent non-executive director Prof. Dorothy Ufot concludes her tenure.
Dangote’s departure marks a strategic shift for the conglomerate as it prioritizes its expanding energy and infrastructure portfolio alongside its established cement business.
