…Bashir, Ajayi also retire from the board
In line with the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc. has announced the retirement of our esteemed Chairman of the Board of Directors, Alhaji Aliko Dangote (GCON), effective 16 June 2025.
Alhaji Aliko Dangote is one of the company’s founding Directors and has served with exceptional leadership, integrity, and vision since 2005.
Under his leadership, Dangote Sugar Refinery Plc. transformed, navigated significant industry developments, delivered consistent shareholder value, and maintained a strong focus on good governance, and long-term growth evidenced by its extensive Backward Integration Projects in Adamawa, Taraba and Nasarawa State. He also played an instrumental role in shaping the Company’s
strategy and culture thereby building a robust foundation for growth and sustenance.
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.
Mr. Ekpe brings with him a wealth of experience, having held senior leadership roles in the banking sector and other key industries. His strategic acumen, deep understanding of corporate governance, and commitment to stakeholder value make him well-positioned to lead the Board as we continue to build on our strong foundations and pursue sustainable growth.
We welcome Mr. Ekpe to his new role and look forward to the next chapter in our Company’s journey
under his leadership.
Similarly, two Non-Executive Directors from its Board, Ms. Maryam Bashir and Prof. Konyinsola Ajayi SAN will retire from the Board effective 16th June, 2025 having diligently served the Company with integrity, professionalism, and commitment to the growth of the Company and its corporate governance throughout their tenure.
Ms. Maryam Bashir is a strong achiever with broad experience in finance and investments with particular focus on strategy, business development and bottom-line enhancement. She was for a period the Chairperson of the Board Risk Management & Assurance Committee and the Board’s representative on the Statutory Audit Committee and has contributed immensely to
the expansion of the Backward Integration Projects.
Prof. Konyinsola Ajayi, SAN is a legal luminary and trusted Advisor in the fields of Energy & Natural Resources, Infrastructure & Power, Banking & Capital Markets, Privatization, Project Finance, Litigation and Arbitration. He was for a period the Chairman of the Board Governance Committee and has over the years provided guidance to the Board on major transactions.
The Board of Directors of Dangote Sugar Refinery Plc. expresses its sincere appreciation to Ms. Bashir and Prof. Ajayi, SAN for their invaluable contributions to the growth and strategic direction of the Company and wishes them continued success in their future endeavours.
