Nigerian billionaire and President/CEO of Dangote Industries Limited, Aliko Dangote, has officially stepped down from his role as Chairman of the Board of Directors at Dangote Cement
Following his exit, Emmanuel Ikazoboh, previously an independent non-executive director, has been appointed to succeed Mr. Dangote as board chairman.
Mr. Ikazoboh brings over 40 years of leadership experience in corporate governance across Nigeria, Côte d’Ivoire, Cameroon, and South Africa. He began his career at Akintola Williams Deloitte and previously served as Group Chairman of Ecobank Transnational Inc., a leading Pan-African financial institution.
Until 2009, he led Deloitte’s offices in francophone West Africa (Cameroon and Côte d’Ivoire), and later became Managing Partner for West and Central Africa.
This development follows a similar move in June 2025, when Mr. Dangote resigned as Chairman of Dangote Sugar Refinery Plc, ending two decades of leadership. At the time, the company stated the decision aligned with “principles of good corporate governance and succession planning.”
Mr. Dangote’s exit marks a continued shift toward renewed corporate structures within his business empire, signaling a strategic focus on leadership transition across the group’s subsidiaries.
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