Ibukun Awosika Exits Cadbury Nigeria Board After Nearly 17 Years

Her departure comes at a time of continued boardroom changes within Cadbury Nigeria.

Ibukun Awosika

Cadbury Nigeria Plc has announced the resignation of renowned business leader Ibukun Awosika from its board of directors, marking the end of a long tenure at one of Nigeria’s leading consumer goods companies.

In a corporate notice dated April 29, 2026, and addressed to Nigerian Exchange Limited and the investing public, Cadbury Nigeria said the board had “considered and accepted the resignation of Mrs. Ibukun Awosika as Director of Cadbury Nigeria Plc” with effect from Friday, May 1, 2026.

The company also expressed appreciation for her contributions since her appointment in October 2009.

“The Board expresses its deep appreciation to Mrs. Awosika for her valued contribution since her appointment in October 2009,” the statement signed by Company Secretary Afolasade Olowe said.

Cadbury Nigeria added that Awosika’s replacement on the board would be announced in due course.

Ibukun Awosika’s Impeccable Corporate Career

Awosika, one of Nigeria’s most respected corporate executives, is widely recognised for her contributions to entrepreneurship, leadership development and corporate governance. She previously served as Chair of First Bank of Nigeria Limited and is the founder of The Chair Centre Group.

Her departure comes at a time of continued boardroom changes within Cadbury Nigeria. In recent months, the company has made adjustments to its leadership structure as it navigates evolving market conditions and corporate priorities.

Cadbury Nigeria, part of the Mondelez International family of companies, is known for household brands including Bournvita, Tom Tom, Buttermint and Clorets.

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