Cadbury Nigeria Plc yesterday announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye becomes the first woman to be appointed Managing Director since the establishment of Cadbury Nigeria over five decades ago.
She takes over from Mr. Amir Shamsi, who moves on to a new role within Mondelēz International, the parent company of Cadbury Nigeria.
Mrs. Adeboye, a chartered accountant, joined the Board of the Company in November 2008, as Finance and Strategy Director, West Africa.
Cadbury Nigeria Plc results for the 2018 financial year show revenue increased from N33 billion in 2017 to N35.9 billion in 2018. Profit before tax jumped from N350 million in 2017 to N1.2 billion in 2018. Profit after tax rose from N299 million in 2017 to N823 million in 2018.