Cadbury Nigeria Plc has confirmed that one of its long-serving directors, Ibukun Awosika, will be leaving the company’s board.
The development was made public in a formal notice issued on Wednesday to Nigerian Exchange Limited and investors. The statement was signed by the Company Secretary, Afolasade Olowe.
According to the disclosure, Awosika’s resignation will officially take effect from May 1, 2026.
“The Board expresses its deep appreciation to Mrs. Awosika for her valued contribution since his appointment in October 2009,” the statement read.
The company also indicated that arrangements are underway to appoint a new director, with an announcement expected at a later date.
Awosika, a respected figure in Nigeria’s business space, previously served as Chairman of First Bank of Nigeria Limited and is the founder of The Chair Centre Group. She joined Cadbury Nigeria’s board in 2009 and has spent more than 15 years contributing to the company’s leadership.