Cadbury Nigeria appoints 2 Non-Executive Directors

In a notice to the Nigerian Stock Exchange (NSE), Cadbury Nigeria plc has announced the appointments of Mrs. Kofoworola Akinkugbe and Ms. Nadia Mohamed as Non-Executive Directors.

Mrs. Kofoworola Akinkugbe is the Founder and CEO of SecureID. She also sits on the Boards of the Manufacturers’ Association of Nigeria (Sitting on the board of EXCO), Fintech Association of Nigeria Sokoa Chair Centre Limited, ICS Outsourcing Limited, Lifeworth Medicare Limited and African Missions L/Gte.

Ms. Nadia Mohamed is the Marketing Director of Mondelez International (Africa). In addition, Nadia serves as a Gerety Awards Jury member and as a Non-Executive Director for two non-profit organisations, most notably representing Africa as a Global Shaper at the World Economic Forum and currently on the board of the Women’s Business Network for the UNHCR, the UN Refugee Agency.

These appointments will be effective 1st January 2021 subject to ratification at the company’s next Annual General Meeting (AGM) in 2021.

Cadbury Nigeria Plc, a publicly quoted company, is the pioneer cocoa beverage manufacturer offering some of the most loved brands in the country.

It owns 99.66% equity in Stanmark Cocoa Processing Company Limited, located in Ondo Town in Ondo State, Nigeria. The company provides all the cocoa powder required for manufacturing Cadbury Bournvita. Stanmark Cocoa Processing Company Limited processes cocoa beans into several high quality cocoa by-products such as cocoa butter, cocoa powder, cocoa cake and cocoa liquor for local and export markets.

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