New appointed chairman of Dangote Cement Plc

Emmanuel Ikazoboh has been appointed chairman of Dangote Cement Plc, succeeding Aliko Dangote, who stepped down to focus on the group’s refinery, petrochemical, and fertilizer businesses (CemNet News, 2024). Ikazoboh brings over 40 years of senior management experience, including serving as Group Chairman of Ecobank Transnational Inc., and as a managing partner at Akintola Williams Deloitte in Côte d’Ivoire, Cameroon, and for Deloitte West and Central Africa until 2009. In 2010, Ikazoboh was appointed by Nigeria’s Securities and Exchange Commission as Interim Administrator of the Nigerian Stock Exchange and the Central Securities Clearing System (CemNet News, 2024).

During this tenure, he introduced reforms that improved governance, transparency, and investor confidence in Nigeria’s capital markets.

Ikazoboh’s vision for Dangote Cement is built on sustainable growth, operational efficiency, innovation, and community engagement. His priorities include operational excellence, strategic expansion, sustainability, and robust cost-reduction measures to address inflation and boost competitiveness, as well as prioritizing alternative fuels and technologies for more sustainable operations (CemNet News, 2024).

Aliko Dangote’s departure ends an era in which Dangote Cement became Africa’s leading cement producer and exporter. Hajiya Mariya Aliko Dangote was newly appointed to the board, while Prof. Dorothy Ufot retired. These changes are part of a broader succession and governance plan at Dangote Group (CemNet News, 2024).

Reference

CemNet News. “Emmanuel Ikazoboh new chairman of Dangote Cement as Aliko Dangote steps down.” Retrieved from https://www.cemnet.com/News/story/179610/emmanuel-ikazoboh-new-chairman-of-dangote-cement-as-aliko-dangote-steps-down.html