Dangote resigns as chairman of cement company

News on our table has it that Dangote has resigned as chairman of Dangote cement company - 247 Yawa Trends media reports about Dangote resigns as chairman of cement company.

Dangote Cement has announced the retirement of its founder and majority shareholder, Aliko Dangote, from his role as Chairman of the Board.

The company’s Group Chief, Branding and Communications Officer, Anthony Chiejina, confirmed the development in a statement issued on Friday.

According to Chiejina, Dangote stepped down from the position to devote more attention to the Dangote Petroleum Refinery.

Following his retirement, the Board appointed Emmanuel Ikazoboh, an independent non-executive director, as the new chairman.