Dangote Sugar Refinery Plc has announced the resignation of its Group Managing Director/Chief Executive Officer, Mr. Ravindra Singhvi, effective November 30, 2025.
The company announced this in a notice issued in compliance with the Nigerian Exchange Limited (NGX) rules on Tuesday, the 18th of November in a formal notice to shareholders.
Singhvi, who joined the Board on May 22, 2020, is said to have led the company through major expansion projects and consistent revenue growth.
Under his leadership, the refinery implemented digital transformation initiatives, strengthened its management structure, and enhanced its brand positioning in the highly competitive food processing industry.
The Board expressed appreciation for his leadership and contribution to the company’s strategic direction over the past five years.
“Mr. Singhvi made significant contributions to the growth and transformation of the company and leaves behind a record of operational excellence,” the statement signed by Mrs. Temitope Hassan, Company Secretary/Legal Adviser.
In the same vein, The company also announced the appointment of Thabo Mabe as the incoming group managing director and CEO, effective December 1.His appointment is said to be subject to shareholder ratification at the company’s next general meeting.
Thabo Mabe who is a South African holds a BSc in Chemistry and Mathematics from Fort Hare University with over two decades of corporate leadership experience across multiple markets including South Africa, Germany and Nigeria.
He began his career at Unilever as a graduate trainee, and held several roles across manufacturing, production, sales and supply chain before rising to vice president, supply chain for Unilever HPC in 2004.
Following the consolidation of Unilever’s HPC and foods divisions, he became vice president, homecare, and in 2010 was appointed CEO of Unilever Nigeria Plc, where he expanded market share and optimized production efficiency.
Mabe joined the Dangote Group in 2014 as Managing Director of Dangote Flour Mills Plc, where he is said to have turned the company around from a “declining business to a profitable enterprise”.
Following the Group’s exit from the flour sector in 2019, he was redeployed to Dangote Rice Limited and later led NASCON Allied Industries Plc from 2022 until the current appointment.
The company said he brings with him a “wealth of international experience spanning South Africa, Germany, and Nigeria, and continues to make significant contributions to the Dangote Group’s food businesses”.
His expertise in supply chain management, manufacturing, and market expansion, coupled with a successful track record in the Dangote Group’s food businesses, positions him as a strategic successor.
Dangote Sugar added that his appointment aligns with its succession plan and commitment to ensuring continuity and creating long-term value for stakeholders.
Also, the board welcomed Mabe to his new role, saying that they “look forward to the next chapter in our Company’s journey under his leadership”. It also extended warm wishes to the outgoing CEO, Singhvi, on his future endeavours.
The company reaffirmed its commitment to maintaining strong governance and operational performance through a structured transition. Shareholders and industry observers see the leadership change as a strategic move that could strengthen competitiveness in Nigeria’s sugar value chain.
