Aliko Dangote, a businessman from Nigeria who is also the Group President and Chief Executive of Dangote Industries Limited, has retired from his position as chairman of the board of directors at Dangote Cement.
GLOBALGISTZNG received confirmation of the development on Friday evening from a senior company official who declined to be identified.
The official went on to say that Mr. Dangote will be replaced on the board by Emmanuel Ikazoboh. Mr. Ikazoboh has more than 40 years of experience in senior management positions in Nigeria, Côte d'Ivoire, Cameroon, and South Africa.
Prior to the new development, he was an independent non-executive director. He began his professional career at Akintola Williams Deloitte and served as the Pan-African banking group's Group Chairman at Ecobank Transnational Inc.
He was the managing partner of the francophone offices in Cameroon and Côte d'Ivoire up until 2009, when he moved on to become the managing partner of the Deloitte firm in West and Central Africa.
Mr. Dangote left his position as Chairman of the Board of Dangote Sugar Refinery Plc in June, ending a 20-year tenure there. The company stated at the time that the retirement was "in line with the principles of good corporate governance and succession planning."
Tags
TECHNOLOGY