Cadbury Nigeria Plc, a member of the Mondelez International family of companies, has announced the retirement of its Managing Director, Mrs. Oyeyimika Adeboye, effective November 30, 2025.

Mrs. Adeboye joined Cadbury in November 2008 as Finance and Strategy Director and was later appointed Managing Director on April 1, 2019. The Board expressed deep appreciation for her exceptional service, noting that her contributions since joining the company have been instrumental in driving substantial growth and positioning Cadbury for sustainable expansion.

Pending the formal announcement of a new Managing Director, the Board has appointed Mrs. Folake Ogundipe, the current Finance Director, as Interim Managing Director to oversee day-to-day operations.

Mrs. Ogundipe, who joined Cadbury in September 2025 and was subsequently appointed to the Board as Finance Director, is recognized as a distinguished executive leader with extensive experience in business transformation, shareholder value creation, and fostering high-performance cultures within the consumer goods sector. The Board expressed confidence in her ability to effectively lead Cadbury Nigeria Plc during this transitional period.

The announcement was signed by Mrs. Afolasade Olowe, Company Secretary, and reaffirmed Cadbury’s commitment to continued growth and operational excellence.