Ibukun Awosika Resigns from Cadbury Nigeria Plc Board After 14-Year Tenure

In an official notification to the Nigerian Exchange Limited and the investing public, Cadbury Nigeria Plc has announced the resignation of Mrs. Ibukun Awosika from its Board of Directors. The resignation, which was considered and accepted by the Board on April 29, 2026, will take effect from Friday, May 1, 2026.

​A significant leadership transition is underway at one of Nigeria’s leading manufacturing firms as Cadbury Nigeria Plc confirms the departure of one of its long-standing directors. Mrs. Ibukun Awosika, a renowned business leader and former Chairman of First Bank of Nigeria, is officially stepping down from her role as a Director of the company.

​In a formal statement signed by the Company Secretary, Afolasade Olowe, the Board expressed its deep appreciation to Mrs. Awosika for her valued contributions to the company's growth. Her tenure at Cadbury Nigeria Plc spanned over a decade, having served as a director since her initial appointment in October 2009.

​The notice, issued from the company’s Lagos headquarters, clarified that while her resignation is finalized, her successor has not yet been named. The Board indicated that Mrs. Awosika’s replacement will be announced to the public in due course as the company begins its search for a candidate to fill the vacancy.

​Mrs. Awosika’s exit marks the end of a 14-year era of strategic leadership for the company, during which she was a key figure in the Board’s decision-making processes. Investors and industry watchers will be looking closely at the upcoming announcement regarding her successor to see how the company intends to maintain its corporate governance and strategic direction following the departure of such a seasoned veteran.