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Aliko Dangote, the founder of Dangote Cement Plc, has announced his retirement as Chairman and Director of the company, effective July 25, 2025. Dangote’s decision to step down comes as he focuses more attention on the refinery, petrochemicals, fertiliser, and government relations.

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The Board of Directors has appointed Emmanuel Ikazoboh, an independent non-executive director, as the new chairman. Ikazoboh expressed his honour in accepting the role, pledging to uphold the highest standards of leadership and dedication. He outlined his vision for the company, focusing on sustainable growth, operational efficiency, and commitment to core values. “My vision for Dangote Cement Plc is built upon a foundation of sustainable growth, operational efficiency, and unwavering commitment to our core values,” he said

Under Dangote’s leadership, Dangote Cement Plc became Africa’s largest cement producer and largest exporter of cement and clinker in Sub-Saharan Africa. The company has a capacity of 52.0 Mta across the African continent, with plans to expand to 61.0 Mta upon completion of new plants in Côte d’Ivoire and Nigeria.

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During Dangote’s tenure, the company recorded its highest revenue and EBITDA. According to unaudited results for the six months ending June 30, 2025, group revenue increased by 17.7% to N2,071.6 billion, representing the highest revenue in the company’s history.

Hajiya Mariya Aliko Dangote was appointed to the Board of Directors, while Prof. Dorothy Ufot retired from the Board. Ikazoboh brings extensive experience to his new role, having served as Group Chairman of Ecobank Transnational Inc. and Managing Partner at Deloitte

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