Aliko Dangote has retired as the Chairman of the Board of Dangote Sugar Refinery Plc, after 20 years at the helm of leadership of the company since 2005, which was made known by a statement issued by the company.


The statement reads in part, “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.

“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.

“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 noted that Ekpe is a professional banker and also the former Group CEO of Ecobank.