Cadbury Nigeria Plc has announced the retirement of its Managing Director, Mrs. Oyeyimika Adeboye, effective Sunday, 30 November 2025.
Mrs. Adeboye joined the company in November 2008 as Finance and Strategy Director and was appointed Managing Director on 1 April 2019.
The Board expressed its appreciation for her service, noting that her leadership contributed significantly to Cadbury’s growth and positioned the company for sustained and profitable expansion.
Cadbury stated that a substantive Managing Director will be announced in due course. In the interim, the Board has appointed Mrs. Folake Ogundipe, the current Finance Director, to oversee the day-to-day operations of the company.
Mrs. Ogundipe joined Cadbury in September 2025 and was later appointed to the Board as Finance Director.
She is recognised for her extensive leadership experience in business transformation, shareholder value creation, and performance management within the consumer goods sector.
The Board expressed confidence in her ability to lead the company effectively during this transition period.