Cadbury Nigeria Plc has announced the exit of one of its long-serving board members, Ibukun Awosika, marking the close of a significant chapter in the company’s leadership.

In a formal notice issued to the Nigerian Exchange Limited and the investing public, the company confirmed that Awosika will officially step down from the board effective May 1, 2026.

The disclosure, signed by Company Secretary Afolasade Olowe, acknowledged Awosika’s long-standing impact on the organisation. Having joined the board in October 2009, she leaves after more than 15 years of service.

“The Board expresses its deep appreciation to Mrs. Awosika for her valued contributions since her appointment,” the statement noted, highlighting her role in shaping the company’s direction over the years.

Awosika is widely recognised in Nigeria’s corporate space, not only for her influence at Cadbury but also as a former Chairman of First Bank of Nigeria Limited and founder of The Chair Centre Group.

While the company has not yet named a successor, it confirmed that a replacement will be announced in due course.

Her departure signals a transition period for Cadbury Nigeria, as it prepares to usher in new leadership while building on the legacy of one of its most influential board members.