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Dangote Sugar Plc has appointed Mr. Thabo Mabe, a South African, as its new Group Managing Director and Chief Executive Officer.
This decision follows the unexpected resignation of Mr. Ravindra Singhvi, an Indian national.
The company announced this in a notice to shareholders on Tuesday, in accordance with the regulations of the Nigerian Exchange Limited.
Mabe’s appointment will take effect on December 1, while Singhvi’s resignation is effective from November 3, 2025. The company did not provide a reason for Singhvi’s departure.
“Mr. Singhvi made substantial contributions to the growth and transformation of the company and leaves behind a legacy of operational excellence,” stated Mrs. Temitope Hassan, Company Secretary and Legal Adviser.
Singhvi joined the Board on May 22, 2020.
Frequently Asked Questions
Who is the new CEO of Dangote Sugar Plc?
The new CEO of Dangote Sugar Plc is Mr. Thabo Mabe, a South African, effective from December 1.
Why did Mr. Ravindra Singhvi resign?
The company did not disclose the reason for Mr. Ravindra Singhvi's resignation.
When did Mr. Singhvi join the Board?
Mr. Ravindra Singhvi joined the Board on May 22, 2020.
