ALIKO DANGOTE STEPS DOWN AS CHAIRMAN OF DANGOTE SUGAR

After two decades at the helm of Dangote Sugar Refinery Plc, Africa’s richest man, Aliko Dangote, is stepping down as Chairman of the Board effective June 16, 2025. This significant transition marks the end of a leadership era that turned the company into Nigeria’s foremost sugar enterprise. According to a corporate disclosure signed by Company Secretary Temitope Hassan, Dangote’s exit aligns with good corporate governance and succession planning. Since assuming chairmanship in 2005, Dangote spearheaded major growth projects, including Backward Integration Programs (BIP) across Adamawa, Taraba, and Nasarawa, aimed at reducing dependence on sugar imports.
The Board announced that Mr. Arnold Ekpe, an Independent Non-Executive Director and former Group CEO of Ecobank, will succeed Dangote. Ekpe brings extensive experience in banking and corporate governance, having led major financial institutions across Africa. Dangote was lauded for his “exemplary leadership and unwavering commitment” to the company’s mission.