Dangote Group Appoints Former CBN Director Dr Mahmud Hassan as Group Chief Economist

• The Dangote Group has named renowned economist Dr Mahmud Hassan, former CBN Director, as its Group Chief Economist to provide strategic economic guidance amid global and domestic market volatility.

The Dangote Group has appointed Dr Mahmud Hassan, a renowned economist and former Director at the Central Bank of Nigeria (CBN), as its Group Chief Economist.

In a statement released on Monday, the Group said the appointment would strengthen its economic advisory capacity amid heightened global and domestic market volatility.

In his new role, Hassan will serve as the Group’s top adviser on economic strategy, market trends, and policy implications, reporting directly to the Group President, Aliko Dangote. The Dangote Group operates across multiple sectors, including oil and gas, consumer goods, and more.

According to the statement, Hassan brings over 30 years of experience in economic policy formulation, financial sector regulation, and central banking. During his career at the CBN, he held senior positions including Director of the Trade and Exchange Department, Director of the Monetary Policy Department, Secretary to the Monetary Policy Committee, and Special Assistant on Economic Policy and Research to the CBN Governor.

Beyond Nigeria, Hassan has contributed to regional economic integration, serving as lead consultant to the African Union Commission on trade integration initiatives and the establishment of the African Monetary Fund.

Hassan holds a PhD in Economics and an MSc in Energy Economics and Policy from the University of Surrey, UK, and a BSc in Economics from Ahmadu Bello University, Zaria. He is also an alumnus of Harvard Kennedy School and holds professional certifications as a Bank Examiner and AML/CFT Analyst.

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He is a Fellow of several professional bodies, including the Nigerian Statistical Association, the Chartered Institute of Bankers of Nigeria, and the Compliance Institute of Nigeria. Hassan is also a prolific researcher with numerous publications in macroeconomics, monetary policy, energy economics, and financial engineering.

In addition to his corporate role, he continues to serve as a visiting professor at several Nigerian universities and is currently the President of the Nigerian Association for Energy Economics.

The Dangote Group said Hassan’s appointment highlights the company’s commitment to deep economic insight and policy intelligence as it navigates evolving market dynamics in Nigeria, across Africa, and globally.