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The Dangote Group is a Nigerian multinational conglomerate that dominates a number of industries throughout the nation and Africa as an entire. The Dangote Group has through the years sustained its market management in Cement Manufacturing, Sugar Milling, Sugar Refining, Port Operations, Packaging Materials Manufacturing, Salt Refining Flour Manufacturing, Actual Property and most lately, Oil and Gasoline amongst others.
The corporate is likely one of the largest employers in Nigeria, with over 250,000 workers, which has contributed considerably to the Nigerian economic system, with annual income of over $20 billion. It’s no shock then that Aliko Dangote: Founder, Chairman and CEO of the Dangote Group is listed because the richest man in Africa.
Nonetheless, as with all nice individual, Aliko Dangote has relied on the experience of a variety of Executives within the realisation of the Group’s enterprise goal and its achievement of quite a few profitable feats. A type of Executives is Dr Adenike Fajemirokun, Group Govt Director, Particular Duties and Group Chief Threat Officer.
Fajemirokun has been the Group Chief Threat Officer of Dangote Industries Ltd since 2013. Whereas typically working behind the scenes, she has labored carefully with Aliko Dangote in navigating quite a few challenges and in capitalising on alternatives, therefore, immediately contributing to the conglomerate’s spectacular standing as one of many largest in West Africa and on the African continent. Her function in creating and implementing sturdy Threat Administration frameworks has been pivotal for Dangote Industries Ltd. Her concepts and efforts in constructing a talented and agile Threat Administration crew have allowed the corporate to successfully determine, assess, and mitigate dangers, safeguarding its property and minimising potential losses.
Working carefully with the Administration crew, Fajemirokun built-in Threat Administration into the corporate’s decision-making course of. This enabled Dangote Industries Ltd to make knowledgeable and balanced choices as they scaled. Nonetheless, her influence extends past the realm of Threat Administration. Her efforts have been significantly vital throughout vital durations for the corporate. As an illustration, in 2016, she performed a key function in creating a Threat Administration Plan that addressed potential threats corresponding to terrorist assaults, cyber-attacks, pure disasters, and monetary crises.
Fajemirokun additionally contributed immensely to executing the corporate’s enlargement initiatives. In 2017, she assisted the Group in figuring out and assessing dangers related to new market expansions. And her monetary danger administration abilities had been additionally invaluable throughout the monetary challenges in 2018.
Most lately, the Dangote Group invested closely within the building of a brand new refinery. The challenge was estimated to value about $19 billion. And, when operational it’s projected to supply about 650,000 barrels per day (bpd), making it probably the most helpful initiatives ever executed in Nigeria. Throughout the whole course of, Fajemirokun oversaw the Group’s danger portfolio, offering deep insights, and serving to determine prospects.
Whereas Alhaji Aliko Dangote rightfully receives recognition because the visionary behind the Dangote Group, Dr Adenike Fajemirokun’s pivotal function in supporting and enhancing his imaginative and prescient can’t be missed. Her dedication, experience, and unwavering help have been instrumental within the development and success of the Dangote Group, solidifying its place as Africa’s largest conglomerate.
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