Aliko Dangote has brought an end to his 20-year leadership of Dangote Sugar Refinery Plc, retiring as Chairman of the Board effective June 16, 2025 according to a statement signed by the company’s secretary, Temitope Hassan, on Wednesday.
“In line with the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc hereby announces the retirement of our esteemed Chairman of the Board of Directors of the Company, Alhaji Aliko Dangote (GCON), effective June 16, 2025,” the company stated.
The statement also noted that under his leadership, the company implemented key Backward Integration Projects in Adamawa, Taraba and Nasarawa States to improve local sugar production and reduce import dependence.
The Board has appointed Independent Non-Executive Director, Arnold Ekpe, as the new chairman.
“Following a rigorous selection and transition process, the Board is pleased to announce the appointment of Mr. Arnold Ekpe, Independent Non-Executive Director as the new Chairman of Dangote Sugar Refinery Plc. effective 16th June 2025,” the statement added.
The Board welcomed Arnold Ekpe as the new chairman. “We welcome Mr. Ekpe to his new role and look forward to the next chapter in our Company’s journey under his leadership. We also express our deep appreciation to Alhaji Aliko Dangote for his years of exemplary service and unwavering commitment to excellence,” the statement concluded.
Ekpe is a seasoned banker and former group CEO of Ecobank, with extensive boardroom and leadership experience across sectors.
