Cadbury Nigeria Plc has announced the departure of one of its longest-serving board members, Ibukun Awosika, marking the end of a significant era in the company's leadership. The disclosure was made in a formal notice submitted to the Nigerian Exchange Limited and the investing public, confirming that Awosika will officially step down from the board effective May 1, 2026.
The notice, signed by Company Secretary Afolasade Olowe, acknowledged Awosika's lasting impact on the organisation. She joined the board in October 2009 and leaves after more than 15 years of service. The statement read: 'The Board expresses its deep appreciation to Mrs. Awosika for her valued contributions since her appointment,' highlighting her role in shaping the company’s strategic direction over the years.
Awosika is widely recognised in Nigeria's corporate landscape, not only for her influence at Cadbury but also as a former Chairman of First Bank of Nigeria Limited and founder of The Chair Centre Group. Her departure signals a period of transition for Cadbury Nigeria as the company prepares to welcome new leadership while building on the legacy of one of its most influential board members.
The company has not yet named a successor but confirmed that a replacement will be announced in due course.
