Renowned business leader Ibukun Awosika has resigned from the Board of Directors of Cadbury Nigeria Plc after nearly two decades of strategic contribution.

Having joined the board in October 2009, Awosika’s 17-year tenure was characterised by a period of significant transformation for the consumer goods giant, during which she provided steady governance through fluctuating market cycles and major shifts in the Nigerian corporate landscape.

The consumer goods company’s stock currently trades at its 52-week high and has risen this year by 22.70 percent to N73.50 according to trading data as at close of trading on Tuesday April 28.

“This to notify Nigerian Exchange Limited and the investing public that the Board has considered and accepted the resignation of Mrs. Ibukun Awosika as Director of Cadbury Nigeria Plc (the Company) with effect from Friday, 1st May 2026,” Cadbury said in a notice at the NGX.

Cadbury reported a profit before tax (PBT) of N17.27billion for the full year 2025, representing a 161 percent increase in profit over the loss of N28.33billion that the company recorded for the same period in 2024, according to its unaudited results.