Ibukun Awosika exits Cadbury Nigeria board after 15 years 

Cadbury Nigeria Plc has confirmed the resignation of Mrs. Ibukun Awosika from its board of directors, with effect from May 1, 2026.

The development was disclosed in a regulatory filing to the Nigerian Exchange Limited on Wednesday, signed by the Company Secretary, Afolasade Olowe.

According to the company, Awosika’s exit follows the conclusion of her tenure, having served on the board since October 2009.

In its statement, the board commended her contributions over the years, acknowledging her role in strengthening governance and supporting the company’s strategic direction.

“The Board expresses its deep appreciation to Mrs. Awosika for her valued contribution since her appointment in October 2009,” the notice stated.

Awosika, a respected figure in Nigeria’s corporate sector, is widely known for her leadership roles across major institutions, including her past position as Chairman of First Bank of Nigeria Limited. She is also the founder of The Chair Centre Group, a key player in Nigeria’s furniture and interior design industry.

Her tenure at Cadbury Nigeria spanned more than 15 years, during which she contributed to board deliberations and corporate governance initiatives at the company.

Cadbury Nigeria said a replacement director would be announced in due course as part of its ongoing board succession planning.

The company did not provide further details on the circumstances surrounding her resignation but indicated that the transition forms part of its routine governance process.