Africa’s richest man, Aliko Dangote, has officially stepped down as Chairman of the Board of Directors of Dangote Cement Plc.
The announcement was made on Friday by the company’s spokesperson, Anthony Chiejina, confirming that the decision took effect on July 25, 2025.
ALSO READ
Following his retirement, the Board appointed Emmanuel Ikazoboh as the new Chairman. Ikazoboh, an independent non-executive director, brings extensive experience to the role. He has previously served in various corporate leadership positions and is expected to maintain the company’s strategic direction while enhancing governance structures.
Dangote’s exit marks a significant leadership transition for one of Africa’s largest cement producers. However, he will continue to hold influence in the group’s broader operations through other executive roles. The company expressed appreciation for his years of service and leadership, which contributed to Dangote Cement’s growth and expansion across Africa.
The appointment of Ikazoboh is seen as a move to strengthen the board’s independence and align with international corporate governance standards. Stakeholders are watching closely to see how this change will shape the company’s next phase.
