Aliko Dangote retires as Dangote Cement chairman

Dangote Cement says Aliko Dangote, its majority shareholder and founder, has retired as the chairman of the cement manufacturer.

In a statement on Friday, Anthony Chiejina, Dangote Group chief, branding and communications officer, said the businessman relinquished the position to focus on Dangote Petroleum Refinery, petrochemical and fertiliser plant, as well as government relations.

Chiejina said Emmanuel Ikazoboh, an independent non-executive director, has been appointed as the new chairman.

Also, the spokesperson said Hajiya Mariya Aliko Dangote was appointed to the board, while Dorothy Ufot, an independent non-executive director, retired from the board.