Joseph Oyeyani Makoju has been appointed Acting Managing Director of Dangote Cement Plc. He takes over from current Managing Director, Onne Van Weijde who is due for retirement at the end of the year.
The announcement, which was contained in a notice sent to the Nigerian Stock Exchange (NSE) today, also revealed that Van Weijde, who will return to his home town after his retirement, will effective January 1st 2018, be appointed a non-executive director of the cement giants.
Makoju has 37 years experience in the cement and energy industry, including nearly a decade as the MD/CEO of Lafarge Cement Plc.
He was appointed Special Adviser to the Group CEO/President Dangote Group in October 2009. He joined the board of Dangote Cement Plc on the 2nd of December 2010.