Africa’s richest man, Aliko Dangote, has officially retired as the Chairman of the Board of Directors of Dangote Cement Plc, effective July 25, 2025.
According to a statement released on Friday by company spokesman Anthony Chiejina, Dangote is relinquishing his position to dedicate more focus to his ventures in Refinery, Petrochemicals, Fertiliser, and Government Relations.
This move aims to significantly boost the company’s five-year business trajectory.
Following his retirement, the Board of Dangote Cement Plc announced the appointment of Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman of the Board of Directors.
In related appointments, Mariya Aliko Dangote was also appointed to the Board, while Prof. Dorothy Ufot retired.
In his acceptance speech, Ikazoboh expressed his honor at assuming the role, pledging to uphold the highest standards of leadership and dedication.
He lauded Dangote Cement as “a beacon of African enterprise,” known for its resilience, innovation, and commitment to excellence.
Outlining his vision for the company, Ikazoboh stated it would be built on “sustainable growth, operational efficiency, and unwavering commitment to our core values.”
He specified key priorities for his tenure: Operational Excellence, Strategic Expansion, Sustainability, Innovation, and Community Engagement.
Emmanuel Ikazoboh’s distinguished career includes serving as the Group Chairman of Ecobank Transnational Inc.
He began his professional journey at Akintola Williams Deloitte, rising to become Managing Partner for francophone offices in Cameroon and Côte d’Ivoire, and later Managing Partner of the Deloitte firm in West and Central Africa until 2009.
In 2010, he was appointed by the Securities and Exchange (SEC) as an Interim Administrator to implement capital market reforms for the Nigerian Stock Exchange (NSE) and the Central Securities Clearing System Plc. (CSCS).
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