Olakunle Alake was appointed to the Board of Dangote Cement Plc on 22 July 2005 and is Vice President of Dangote Industries Limited (DIL), with responsibility for the non-oil and gas businesses across the Dangote Group. 

Prior to his appointment as Vice President in 2024, Mr. Alake served as Group Managing Director of Dangote Industries Limited. He was appointed to the Board of Dangote Industries Limited in 2001 as Group Executive Director. 

Mr. Alake holds a Bachelor’s degree in Civil Engineering from Obafemi Awolowo University and is a Fellow of the Institute of Chartered Accountants of Nigeria. He began his professional career at PriceWaterhouseCoopers in 1984 and later joined the then Liberty Merchant Bank Limited, a financial services institution within the Dangote Group, where he served as Financial Controller. 

In 1993, he was appointed Managing Director/Chief Executive Officer of Liberty Merchant Securities Limited and subsequently played a key role in the Dangote Group’s acquisition of International Trust Bank Plc in 1996. 

He has extensive experience in strategic planning and financial control, having worked across the financial services, audit, consultancy and manufacturing sectors. Mr. Alake has been instrumental in the growth and transformation of the Dangote Group into a diversified conglomerate operating in 11 African countries.