Alhaji Aliko Dangote Retires as Chairman of Dangote Sugar Refinery

Alhaji Aliko Dangote, Africa’s foremost industrialist, has retired as Chairman of Dangote Sugar Refinery Plc.

Effective June 16, 2025, Dangote steps down, leaving an indelible legacy of growth and innovation, as announced by Company Secretary Temitope Hassan.

As a founding director, Dangote spearheaded Dangote Sugar Refinery’s rise to dominance in Nigeria’s sugar industry.

His leadership drove robust corporate governance, enhanced shareholder value, and navigated complex market dynamics with strategic precision.

Dangote’s vision catalyzed major Backward Integration Projects in Adamawa, Taraba, and Nasarawa States, bolstering domestic sugar production.

These initiatives strengthened the company’s supply chain, cementing its position as a market leader in Nigeria’s sugar sector.

The company’s statement lauded Dangote’s role in shaping its strategic direction and fostering a culture of resilience and growth.

His retirement aligns with best practices in corporate governance and succession planning, ensuring a seamless leadership transition.

Arnold Ekpe, an Independent Non-Executive Director, has been appointed as the new Chairman, effective June 16, 2025.

Ekpe, a seasoned banking executive, brings extensive expertise in corporate governance and strategic leadership to the role.

His proven track record in finance and industry positions him to steer Dangote Sugar Refinery toward sustained growth.

Ekpe’s appointment follows a meticulous selection process, reflecting the company’s commitment to excellence and stakeholder value.

Dangote’s exit marks the end of an era that saw Dangote Sugar Refinery emerge as a powerhouse in Nigeria’s agribusiness landscape.

Under his leadership, the company achieved unparalleled market dominance and operational efficiency.

Industry analysts are optimistic about Ekpe’s ability to build on this foundation in a dynamic economic environment.

Ekpe is expected to drive innovation, enhance sustainability, and navigate evolving regulatory challenges in Nigeria’s sugar industry.

Dangote Sugar Refinery remains a cornerstone of Nigeria’s agribusiness, with a strong outlook under Ekpe’s leadership.

The transition signals a new chapter for the company, poised to maintain its leadership in the competitive sugar market.

Stakeholders and investors will closely monitor Ekpe’s strategies to sustain growth and profitability in the years ahead.

Dangote’s legacy as a visionary leader endures, setting a high standard for corporate excellence in Africa’s industrial sector.

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