Halima Aliko-Dangote, the daughter of Dangote Cement's owner and founder, Aliko Dangote, has been named as a non-executive director.According to the company's announcement to the Nigerian Exchange Limited, the appointment took effect on February 26, 2022.Mrs. Aliko-Dangote will reportedly be replacing the vacuum left by the death of her uncle, Sani Dangote, the Dangote Group's former vice president and a director, who died in November 2021.The cement company announced a huge gain in earnings in 2021, with about a third increase in the bottom line, supported by a record turnover of N1.4 trillion, up from N1 trillion in 2020.According to audited financials released on Monday, Africa's largest cement company increased output volume from 24.7 million to 28.5 million in the year under review to improve performance.Mrs. Aliko-Dangote is the Group Executive Director (GED), Commercial Operations of Dangote Industries Limited, a diverse corporate conglomerate with interests in manufacturing, su...
Thanks for reading. To read the rest of the article please log in or join now!
Be the first to comment!
You must login to comment