CADBURY Appoints Mrs. Oyeyimika Adeboye as New MD and Mr. Ogaga Ologe as Finance Director

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Thursday, March 21 2019 / 01:25 PM / NSE


Cadbury Nigeria Plc (“Cadbury Nigeria” or “the Company”) today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1 st April, 2019. Mrs. Adeboye takes over from Mr. Amir Shamsi, who moves on to a new role within Mondelēz International, the parent company of Cadbury Nigeria. Mrs. Adeboye is the first woman to be appointed Managing Director since the establishment of Cadbury Nigeria over five decades ago.

Mrs. Adeboye, a chartered accountant, joined the Board of the Company in November 2008, as Finance and Strategy Director, West Africa.

During his tenure as Managing Director, Mr. Shamsi made invaluable contribution to the turnaround of the business, and drove Cadbury’s growth agenda with respect to top-line, bottomline, and talent.

Mrs. Adeboye’s appointment attests to the Company’s commitment to promoting gender equality, diversity and inclusion.

Prior to joining Cadbury Nigeria, Mrs. Adeboye was the Director of Finance and Chief Financial Officer of Nigerian Bottling Company Plc. She previously worked for the erstwhile Accounting and Tax Practice of Arthur Andersen & Co as well as the United Kingdom Accounting practice of Midgley Snelling & Co., Chartered Accountants.

Mrs. Adeboye has an impressive track record in finance, strategy and business administration both in Nigeria and the United Kingdom. She is a fellow of the Institute of Chartered Accountants in England and Wales and a member of the Institute of Chartered Accountants in Nigeria. Mrs Adeboye has a Bachelor of Science honours degree in Economics and Social Studies from the University College Cardiff, Wales and executive management education certification from the Institute of Management Development (IMD), Lausanne, Switzerland.

Mr. Ogaga Ologe, who is the Company’s Financial Controller, has been appointed as the new Finance Director effective 1 st April 2019. Mr. Ologe, who succeeds Mrs. Adeboye, joined Cadbury Nigeria in 2012, from KPMG Professional Services where he led the audit of the financial statements for many multinationals. He holds a Bachelor of Science honours degree in Physics from Delta State University, Abraka. He is a qualified Chartered Accountant from the Institute of Chartered Accountants in Nigeria (ICAN).


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