A major leadership shift is underway at Dangote Sugar Refinery Plc following the company’s notification that Group Managing Director/Chief Executive Officer Ravindra Singhvi will step down at the end of November 2025. The announcement, released in line with NGX disclosure requirements, offered no explanation for his departure but emphasized his role in steering the refinery through five years of growth and modernization.
During Singhvi’s tenure—beginning with his appointment to the Board in May 2020—the company expanded its operations, executed major digital transformation initiatives, and strengthened its internal management framework. The Board commended his contributions, describing his record as one marked by operational discipline and strategic clarity. According to a statement signed by Company Secretary/Legal Adviser Temitope Hassan, Singhvi leaves “a record of operational excellence.”
Thabo Mabe to Assume Leadership December 1
In the same filing, Dangote Sugar confirmed that Thabo Mabe has been appointed Group Managing Director/CEO-designate, effective December 1, 2025, pending shareholder approval at the next general meeting. Mabe, a South African executive with more than 20 years of multinational leadership experience, holds degrees in Chemistry and Mathematics from Fort Hare University.
His career spans senior roles across South Africa, Germany, and Nigeria. After rising to CEO of Unilever Nigeria in 2010—where he expanded market share and boosted production efficiency—Mabe joined the Dangote Group in 2014. He later revitalized Dangote Flour Mills Plc and held leadership roles at Dangote Rice Limited before helming NASCON Allied Industries Plc from 2022 until his latest elevation.
Succession Plan in Motion
Dangote Sugar described the leadership change as consistent with its long-term succession planning and commitment to continuity. The Board highlighted Mabe’s expertise in supply chain management, manufacturing optimization, and market expansion, noting that his experience within the Group’s food businesses makes him a strong fit for the role.
“The appointment of Mr. Mabe ensures seamless leadership continuity and sustained value creation for stakeholders,” the company stated.
Structured Transition and Stakeholder Confidence
The refinery reaffirmed its commitment to good corporate governance, assuring investors that the transition will be carefully managed to maintain operational stability. Industry observers view the shift as a strategic step that could enhance the company’s competitive position within Nigeria’s sugar value chain.
The Board expressed confidence in Mabe’s ability to sustain the company’s momentum and extended well wishes to Singhvi as he departs after a notable tenure.