Cadbury Nigeria Plc, a subsidiary of Mondelez International, has appointed Mrs. Folake Ogundipe, the company’s Finance Director, as Interim Managing Director. The announcement follows the upcoming retirement of Mrs. Oyeyimika Adeboye, effective 30th November 2025, upon reaching the company’s retirement age.
Mrs. Adeboye joined Cadbury Nigeria in November 2008 as Finance and Strategy Director for West Africa and became the first woman to be appointed Managing Director in April 2019. Over her six-year tenure, she led the company through periods of growth, transformation, and economic challenges, significantly strengthening its market position in West Africa.
Renowned for her servant leadership style, Mrs. Adeboye focused on talent development, mentorship, and employee engagement, fostering a high-performance culture. Reflecting on her career, she said:
“Serving as the Managing Director of Cadbury Nigeria Plc has been an incredible privilege and a crowning chapter of my career. Leading a remarkable team and contributing to the growth of a company cherished by many has been truly rewarding.”
Pending a permanent successor, Mrs. Ogundipe will oversee the day-to-day operations of Cadbury Nigeria in her capacity as Interim Managing Director. She joined the company in September 2025 as Finance Director and brings decades of leadership experience across the consumer goods, energy, and management consulting sectors.
Before joining Cadbury Nigeria, Mrs. Ogundipe held senior positions including Executive Director, Finance at Unilever Nigeria Plc, CFO at PES Group, and Financial Controller at Nigerdock Nigeria Ltd. Her extensive experience spans FMCG, energy services, and strategic management, equipping her to drive business transformation and deliver sustained shareholder value.
The statement was released by Dr. Frederick Mordi, Head of Corporate Communications and Government Affairs at Cadbury Nigeria.
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