Posted by Chinenye on Wed 29th Apr, 2026 - tori.ng
Renowned Nigerian business leader Ibukun Awosika has stepped down from the board of Cadbury Nigeria Plc after more than 15 years of service.
(Mrs. Ibukun Awosika. Photo Credit: Business day)
Mrs. Ibukun Awosika, a director of Cadbury Nigeria Plc, has resigned from the board. This was revealed by the company on Wednesday in a communication to investors and the Nigerian Exchange Limited.
Afolasade Olowe, the company secretary, signed the notice. The statement states that Awosika's resignation would go into effect on May 1, 2026.
The statement said, "The Board expresses its deep appreciation to Mrs. Awosika for her valued contribution since his appointment in October 2009."
Cadbury Nigeria further stated that a successor to the departing director would be revealed soon.
Awosika is a well-known businessman who founded The Chair Centre Group and served as Chairman of First Bank of Nigeria Limited. She joined the board of Cadbury Nigeria in 2009 and has served for over 15 years.