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    DANGCEM   NGDANGCEM008

DANGOTE CEMENT PLC

(DANGCEM)
  Report
End-of-day quote Nigerian Stock Exchange  -  2022-06-28
275.00 NGN    0.00%
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DANGOTE CEMENT : APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

02/28/2022 | 05:27pm EDT

Dangote Cement Plc. RC 208767

Marble House

1, Alfred Rewane Road, Ikoyi, Lagos, Nigeria Tel: +234 1 450 643

Email: customercare@dangote.com

Website: www.dangotecement.com

February 26, 2022

Lagos, Nigeria

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Dangote Cement Plc. is pleased to announce the appointment of Ms. Halima Aliko-Dangote as a Non-Executive Director with effect from February 26, 2022.

Halima Aliko-Dangote is the Group Executive Director (GED), Commercial Operations of Dangote Industries Limited (DIL), one of the largest and most diversified business conglomerates in Africa encompassing manufacturing, Cement, Sugar, Salt, Poly-products as well as Logistics, Oil & Gas and Real Estate. The combined market capitalization of DIL subsidiaries is over $25 billion. As the GED of DIL, Halima is responsible for leading the development and implementation of Dangote Group's customer strategy to drive customer growth, improve customer relations, enhance the customer experience and increase long term customer value. She is also responsible for the implementation of the Group's shared services strategy with specific oversight for the following functions: Commercial, Strategic procurement, Branding & Communications and Corporate Services.

In her previous role, Ms. Dangote served as Executive Director of Dangote Flour Mills, where she led the successful turnaround and recent sale of the business at a higher than Market price. Prior to then, she also served as Executive Director of NASCON Allied Industries Plc, a manufacturer of salt, seasonings and related consumer products. She continues to serve as a Non-Executive Director of NASCON.

Ms. Dangote is the President of the Board of The Africa Center (TAC) in New York, a uniquely focused centre, providing a forward-looking gateway for engagement with Africa via policy developments, business and culture. She is a Board member of Endeavour Nigeria and is a member of the Women Corporate Directors (WCD).

Ms. Dangote has over 13 years of professional experience and has held several Executive Management roles. Halima holds a Bachelors' degree in International Business with a Major in Marketing from American Intercontinental University, London, United Kingdom and a Master's degree in business administration from Webster Business School, United Kingdom. She has attended several high-profile leadership development programs including the Program for Leadership Development (PLD) at Harvard Business School; Executive Development Program at Kellogg School of Management; Finance and Accounting for Non-Financial Executives at Columbia Business School. She is a Trustee of the Aliko Dangote Foundation and is happily married with children.

For: DANGOTE CEMENT PLC

Edward Imoedemhe

Deputy Company Secretary

Directors: Mr. Aliko Dangote, GCON (Chairman); Mr Michel Puchercos, GMD (French); Mr. Philip Mathew, DGMD (Indian); Mr. Olakunle Alake;

Mr. Abdu Dantata; Mr. Devakumar V.G. Edwin (Indian); Mr. Ernest Ebi, MFR; Mr. Emmanuel Ikazoboh; Mr. Douraid Zaghouani (French); Mrs. Dorothy Udeme Ufot, SAN; Mr. Viswanathan Shankar (Singaporean); Mrs. Cherie Blair, CBE QC (British); Sir Michael Davis (British); Ms. Berlina Moroole (South African)

Disclaimer

Dangote Cement plc published this content on 28 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2022 22:24:43 UTC.


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Sales 2022 1 587 B 3 823 M 3 823 M
Net income 2022 451 B 1 085 M 1 085 M
Net Debt 2022 43 501 M 105 M 105 M
P/E ratio 2022 10,4x
Yield 2022 8,38%
Capitalization 4 640 B 11 179 M 11 179 M
EV / Sales 2022 2,95x
EV / Sales 2023 2,63x
Nbr of Employees 16 700
Free-Float 10,8%
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Number of Analysts 9
Last Close Price 275,00 NGN
Average target price 309,18 NGN
Spread / Average Target 12,4%
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Michel Puchercos Group Chief Executive Officer, Group MD & Director
Guillaume Moyen Group Chief Financial Officer
Aliko Dangote Chairman
Ravi Sood Operations Director-Nigeria
Emmanuel Ikazoboh Independent Non-Executive Director
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