Ravindra Singhvi, has been appointed the Chief Executive Officer (CEO) of Dangote Sugar Refinery Plc.
His appointment as the new CEO was disclosed by the company’s Board of Directors in a statement to the Nigerian Stock Exchange (NSE).
Dangote Sugar Refinery Plc. wishes to notify the Exchange and the investing public that at the Board of Directors Meeting of the Company held today, Friday October 30, 2020, the Board approved (a) the Unaudited Financial Statement for the Quarter Ended September 30, 2020, and (b) the appointment of the current Ag. Managing Director, Mr. Ravindra Singhvi as substantive Group Managing Director/Chief Executive Officer of Dangote Sugar Refinery Plc. effective October 30, 2020,
an excerpt of the statement read.
We confident that he is a great asset to the Company, particularly at this time when it is on a rapid growth trajectory, in view of its recent acquisition and it’s several backward integration projects (BIP) to position itself for further job creation in local plantations and factories, import substitution and deeper contribution to national economic development. Mr Singhvi is wished the very best in his endeavors.
the Board stated.
Prior to his new appointment, Mr Singhvi was the acting Managing Director of the company – a role he has played since June 18, 2019.
Mr Singhvi has over 39 years of proven experience in leadership positions in manufacturing and processes in sugar, petrochemicals, cement, and textile products industries in India.
He is a Chartered Accountant with a background in Company Secretarial Practice, Corporate Governance and Management, holds a Bachelor’s Degree in B.Com (Hons) and Law from the University of Jodhpur, India.
Prior to joining Dangote Sugar Refinery Plc, Mr Singhvi had served as the Managing Director & CEO of NSL Sugar Limited, Hyderabad, India, and Managing Director, EID Parry Limited, Chennai, India, one of top three sugar producing companies in India.
