Ibukun Awosika Steps Down from Cadbury Nigeria Board After 16 Years

Ibukun Awosika has stepped down from her position as a director at Cadbury Nigeria Plc, bringing an end to a 16-year tenure marked by significant contributions to the company’s governance and strategic direction.

According to multiple reports, Awosika’s resignation was recently confirmed by the company in an official disclosure. While specific reasons for her departure were not publicly detailed, her exit is being viewed as part of ongoing board changes within the organization.

Awosika, a prominent Nigerian entrepreneur and former Chairperson of First Bank of Nigeria, joined Cadbury Nigeria’s board in 2010. Over the years, she played a key role in strengthening corporate governance, business strategy, and stakeholder engagement.

Her tenure coincided with a period of transformation for Cadbury Nigeria, a subsidiary of global confectionery giant Mondelez International, as it navigated evolving market dynamics within Nigeria’s competitive fast-moving consumer goods (FMCG) sector.

Industry observers say Awosika’s exit marks the end of an era, given her influence and reputation as one of Nigeria’s leading voices in business leadership and corporate governance.

Cadbury Nigeria has not yet announced a replacement, but the board is expected to continue its restructuring efforts in line with evolving corporate objectives.