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Ibukun Awosika Resigns As Cadbury Nigeria Board Director - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessIbukun Awosika Resigns As Cadbury Nigeria Board Director (10414 Views)

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Ibukun Awosika Resigns As Cadbury Nigeria Board Director by nlfpmod(mod): 2:09pm On Apr 29
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.
https://businessday.ng/companies/article/ibukun-awosika-quits-cadbury-nigeria-board-after-nearly-two-decades/?utm_source=auto-read-also&utm_medium=web

Ibukun Awosika Profile

Ibukunoluwa Abiodun Awosika (born Bilkisu Abiodun Motunrayo Omobolanle Adekola on December 24, 1962) is a Nigerian businesswoman and author. She is the first female Chairperson of First Bank of Nigeria. She was appointed as a member of Binance Global Advisory Board in September 2022.

Early life and education

Born as the third child of seven children in Ibadan, the capital of Oyo State, Ibukun completed her primary and secondary school education at St. Paul's African Church Primary School, Lagos and Methodist Girls' High School, Yaba respectively. She proceeded to the University of Ife (now Obafemi Awolowo University) where she graduated with a BSc in Chemistry although she had initially wanted to study Architecture at the University of Navarra.

Career

While on her compulsory one-year National Youth Service Corps service (NYSC) in Kano State, Ibukun Awosika worked as an audit trainee at Akintola Williams & Co. which later became Deloitte, but she returned home after the service and joined Alibert Nigeria Ltd., a furniture company, as showroom manager.

Personal life

Ibukun Awosika is married to Abiodun Awosika with whom she has three children.
https://en.wikipedia.org/wiki/Ibukun_Awosika

Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by esnbrutality: 2:17pm On Apr 29
After Killing a prominent company and turning it into a kiosk.

Propaganda is not leadership. cool
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by saintbillion(m): 2:17pm On Apr 29
Some really has to go. The quality and quantity of the tea really reduced drastically. She must be an APC member
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by CTee1: 2:17pm On Apr 29
Thank u for your services
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by mozona(m): 2:17pm On Apr 29
Wishing her well in her new endeavors
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by dona4real(m): 2:18pm On Apr 29
She's heavy loaded in funds na she and her generations no go ever suffer.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by anonimi:
Hopefully we won’t find out how she messed up Cadbury like she did in First Bank, with Oba Otudeko.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by Kog45(m): 2:20pm On Apr 29
esnbrutality:
After Killing a prominent company and turning it into a kiosk.

Propaganda is not leadership. cool
The kiosk was bought from you 😎
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by Mrchippychappy(m): 2:20pm On Apr 29
esnbrutality:
After Killing a prominent company and turning it into a kiosk.

Propaganda is not leadership. cool
Bro, you are very enlightened. I remember back in 2015 when this lady alongside Pastor Sam Adeyemi hid their tribal pro-APC politics behind some bogus fraudulent "New Nigeria" propaganda seminar, The entire so called Seminar was all about promoting the APC candidate, I felt sick to my stomach and had to abandon that seminar.

These people have zero leadership skills as they are always blinded by propaganda and tribal sentiment. Better luck next time Cadbury.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by Antoeni(m): 2:22pm On Apr 29
She Should Go On Vacation With One of Her Sugar Boy to Bahamas, Medives , Trinidad, For Relaxation And Cooling Off
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by anonimi: 2:22pm On Apr 29
dona4real:
She's heavy loaded in funds na she and her generations no go ever suffer.
Do you mean that none of them will live with us in Nigeria, and drink water from shitty boreholes, since we don’t expect governors to prioritise our money for the employment of well paid workers to make pipe borne water available to all households huh



InvertedHammer:
/
It is by far better than Enugu.

500 gallons of water go for N20k. Multiply by 4 in a month, that's N80k. By extrapolation, that's N960k in a year on water alone. Why? Because the governor believes that clean and accessible water is the least of his worries. Yet they prance around like Enugu is Abuja even though the red muddy soil will have residents looking like they went tomb-raiding at night.

But then, considering where it was before Peter Mba, one can understand the accolades being that he moved the town from 16th Century to 17th Century but not anywhere near 20th Century. 21st Century is a stretch. EEDC? The worst of all.

/
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fergie001:

https://www.youtube.com/watch?v=g5v-F81hNTs

The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”

While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.

He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’

https://punchng.com/video-everyone-digging-borehole-in-lekki-is-probably-drinking-shit-water-lagos-govt/?fbclid=IwQ0xDSwMABDJjbGNrAwAEK2V4dG4DYWVtAjExAAEewOd7728C0FSKQJNWar4yKRxNpNKt1owSlw47y57FKAux2QxvQL24Iu18rtw_aem_3kB5Sd2GjpdqjN6zFuIs7w
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by Kog45(m): 2:22pm On Apr 29
Mrchippychappy:
Bro, you are very enlightened. I remember back in 2015 when this lady alongside Pastor Sam Adeyemi hid their tribal pro-APC politics behind some bogus fraudulent "New Nigeria" propaganda seminar, The entire so called Seminar was all about promoting the APC candidate, I felt sick to my stomach and had to abandon that seminar.

These people have zero leadership skills as they are always blinded by propaganda and tribal sentiment. Better luck next time Cadbury.
Dem don dey show up, everything tribalism,una go wail tires
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by MartinCorridon: 2:23pm On Apr 29
I can bet a Federal appointment might be close by.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by Mrchippychappy(m): 2:25pm On Apr 29
Kog45:
Dem don dey show up, everything tribalism,una go wail tires
Bro this is not about tribalism, I am speaking out of first hand experience. I witnessed the entire thing in person and I wasn't the only one that was disappointed at how a "new Nigeria" seminar quickly took a political turn.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by PigTormentor: 2:25pm On Apr 29
Mrchippychappy:
Bro, you are very enlightened. I remember back in 2015 when this lady alongside Pastor Sam Adeyemi hid their tribal pro-APC politics behind some bogus fraudulent "New Nigeria" propaganda seminar, The entire so called Seminar was all about promoting the APC candidate, I felt sick to my stomach and had to abandon that seminar.

These people have zero leadership skills as they are always blinded by propaganda and tribal sentiment. Better luck next time Cadbury.
The worst tribalists among us are the ones that cry the most.
The people who are rhe worst of the worst, who sees tribe a d religion in everything are the same people who are always quick to bring tribalism into any discussion.
Imagine these people calling people tribalistic just because they prefer a different candidate.
It's pathetic and sad what you people are doing to your heritage and lineage.
You have opened up your secretive tribalistic tendencies and j9w we all know that everything in your life revolves around tribe and religion.
I already knew this a while ago, but I think most Nigerians can now see how bad you are.
I was buying all Range Rover parts from an Igbo guy back in the early 2000, this was when Range Rover and the parts we're not that common like now.
The day I bought one part from a Yoruba seller, the guy had the audacity to ask me if I had bought that one thing from the other guy because he's Yoruba. I was so pissed off that I stopped doing business with him. Imagine someone that have given 95 percent of the business to, complaining .
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by PheelzAlmighty: 2:25pm On Apr 29
Great woman I admire....


But my mom is the greatest.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by MartinCorridon: 2:25pm On Apr 29
Hehehe

So you're angry because you're hawking Cadbury satchets while a YorhbaLady be the CEO. grin



Mrchippychappy:
Bro, you are very enlightened. I remember back in 2015 when this lady alongside Pastor Sam Adeyemi hid their tribal pro-APC politics behind some bogus fraudulent "New Nigeria" propaganda seminar, The entire so called Seminar was all about promoting the APC candidate, I felt sick to my stomach and had to abandon that seminar.

These people have zero leadership skills as they are always blinded by propaganda and tribal sentiment. Better luck next time Cadbury.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by esnbrutality: 2:29pm On Apr 29
Sold it at a Profit..and they LOST it because they believed TINUBU, and TINUBU failed them.

Planning on buying it back from them ..at a very cheap rate...

Levels grin



Kog45:
The kiosk was bought from you 😎
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by OgwuEgo: 2:30pm On Apr 29
That Pastor Sam don japa abroad I don't know why even seemingly enlightened Nigerians are tribalist.
Mrchippychappy:
Bro, you are very enlightened. I remember back in 2015 when this lady alongside Pastor Sam Adeyemi hid their tribal pro-APC politics behind some bogus fraudulent "New Nigeria" propaganda seminar, The entire so called Seminar was all about promoting the APC candidate, I felt sick to my stomach and had to abandon that seminar.

These people have zero leadership skills as they are always blinded by propaganda and tribal sentiment. Better luck next time Cadbury.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by LagosOrigin: 2:30pm On Apr 29
Na sugar dem dey produce give people in Cadbury Bournvita

Nonsense

Like Awosika like tinubu, bunch of failures .
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by osuofia2(m): 2:32pm On Apr 29
How many cabury products are doing fine, they keep hyping everything
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by MasterTeeUSA: 2:32pm On Apr 29
and yet the stock keeps rising, so you definitely do not understand business. It is about volume not fancy. That is how Igbinedion OKADA took off and the rest is history
or why do you think Alcoholic Drinks ended up in Satchet? It is not a Nigerian thing...It is the way business is practiced all over the world.


esnbrutality:
After Killing a prominent company and turning it into a kiosk.

Propaganda is not leadership. cool
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by esnbrutality: 2:48pm On Apr 29
They killed a thriving company with their propaganda and nepotism. Employed their in-laws and relatives instead of making it a professional outfit.





LagosOrigin:
Na sugar dem dey produce give people in Cadbury Bournvita

Nonsense

Like Awosika like tinubu, bunch of failures .
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by INTEGRITYA1(m): 2:48pm On Apr 29
One of the Great Women in our generation.

Ibukun Awosika, wonderful and great woman.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by obajoey(m): 2:56pm On Apr 29
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by SmartPolician: 2:56pm On Apr 29
LagosOrigin:
Na sugar dem dey produce give people in Cadbury Bournvita

Nonsense

Like Awosika like tinubu, bunch of failures .
The Cadbury-3-in-1 variant is the best beverage on the market
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by appliedscience(m): 3:10pm On Apr 29
PigTormentor:
The worst tribalists among us are the ones that cry the most.
The people who are rhe worst of the worst, who sees tribe a d religion in everything are the same people who are always quick to bring tribalism into any discussion.
Imagine these people calling people tribalistic just because they prefer a different candidate.
It's pathetic and sad what you people are doing to your heritage and lineage.
You have opened up your secretive tribalistic tendencies and j9w we all know that everything in your life revolves around tribe and religion.
I already knew this a while ago, but I think most Nigerians can now see how bad you are.
I was buying all Range Rover parts from an Igbo guy back in the early 2000, this was when Range Rover and the parts we're not that common like now.
The day I bought one part from a Yoruba seller, the guy had the audacity to ask me if I had bought that one thing from the other guy because he's Yoruba. I was so pissed off that I stopped doing business with him. Imagine someone that have given 95 percent of the business to, complaining .
You dey mind dem... They hate and call yoruba who support fellow yoruba tribalist, even when the reason behind the support is far deeper Dan the mere sentiment of tribe .... But they love n want igbo to support fellow igbo...
Live and let odas live.. U can't bully or force a choice on ppl... Let everyobe make dir choice...
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by esnbrutality: 3:34pm On Apr 29
God Bless You for confirming what i know about these sophisticated people.

They are very clannish and can't take what they dish out.



Mrchippychappy:
Bro, you are very enlightened. I remember back in 2015 when this lady alongside Pastor Sam Adeyemi hid their tribal pro-APC politics behind some bogus fraudulent "New Nigeria" propaganda seminar, The entire so called Seminar was all about promoting the APC candidate, I felt sick to my stomach and had to abandon that seminar.

These people have zero leadership skills as they are always blinded by propaganda and tribal sentiment. Better luck next time Cadbury.
Re: Ibukun Awosika Resigns As Cadbury Nigeria Board Director by esnbrutality: 3:35pm On Apr 29
Go and wash Seyi Tinubus boxers...

We are discussing things beyond your weak thinking
.


Kog45:
Oga I don hold you blokos... you're triba in nature and is written all over your comment....abi no be you dey referred to Wole Soyinka as sfederal government spy during Biafra war citing one useless narrative from unknown British journalist.

Abegi be bold stop denying what you're, you're real tribal warrior here
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