Ibukun Awosika Resigns Cadbury Nigeria Board
Analysis based on 14 articles · First reported Apr 29, 2026 · Last updated Apr 29, 2026
The resignation of Ibukun Awosika from Mondelēz International — Cadbury Nigeria's board is a governance-related event. While it marks the departure of a long-serving and respected director, the company's strong financial recovery and plans for a replacement suggest minimal negative market impact on Mondelēz International — Cadbury Nigeria.
Ibukun Awosika, a prominent Nigerian businesswoman, has resigned from the board of directors of Mondelēz International — Cadbury Nigeria, effective May 1, 2026. She served on the board for over 15 years, joining in October 2009, and was recognized for her contributions to governance and strategic direction. Mondelēz International — Cadbury Nigeria announced her departure in a regulatory filing to the Nigerian Exchange Group, stating that a replacement director would be announced in due course. Her resignation comes as Mondelēz International — Cadbury Nigeria is experiencing a significant financial recovery, reporting a pretax profit of N17.2 billion for the 2025 financial year, a substantial turnaround from a loss in 2024. Ibukun Awosika is also known for her leadership roles, including being the first female Chairperson of Union Bank of Nigeria Limited and founder of The Chair Centre Group.
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