Cadbury Nigeria Plc has announced the appointment of Mrs. Folake Ogundipe as Executive Director, effective October 27, 2025. The company disclosed this development in a formal notice to the Nigerian Exchange Limited (NGX) and the investing public.
According to the Board of Directors, Mrs. Ogundipe’s appointment reflects Cadbury Nigeria’s continued commitment to strengthening its leadership team and driving long-term strategic growth in Nigeria’s fast-moving consumer goods (FMCG) sector. The Board also extended a warm welcome to her, expressing confidence in her ability to contribute significantly to the company’s vision and performance.
A Seasoned Finance Leader with Over Two Decades of Experience
Mrs. Folake Ogundipe is a seasoned finance executive and corporate strategist with more than 20 years of experience in financial management, business transformation, and organizational leadership. Her extensive career has been defined by driving business transformation, improving financial performance, and fostering high-performing teams across multiple industries.
Throughout her professional journey, she has led major change programs that enhanced operational resilience, improved profitability, and positioned organizations for sustainable growth. She has also played a pivotal role in shaping corporate strategy, embedding operational discipline, and delivering consistent year-on-year growth.
Before joining Cadbury Nigeria Plc, Mrs. Ogundipe held several senior leadership roles in both multinational and Nigerian organizations. She served as Executive Director, Finance at Unilever Nigeria Plc, where she was instrumental in leading financial strategy and corporate governance initiatives. She also worked as Chief Financial Officer (CFO) for PES Group, an energy services company, and Financial Controller at Nigerdock Nigeria Ltd.
Her international experience includes key finance roles at Subsea7 S.A. (UK), Phillips Consulting Ltd, and Investment Banking & Trust Company (IBTC) Limited, now known as Stanbic IBTC Bank. Her diverse experience across FMCG, energy, and management consulting sectors has given her a well-rounded strategic perspective that aligns with Cadbury’s mission to create long-term value for its stakeholders.
Academic and Professional Excellence
Mrs. Ogundipe is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an Associate of the Chartered Institute of Management Accountants (CIMA), UK. She holds a Master’s degree in Management from the University of Leicester, United Kingdom, and a Bachelor’s degree in Accounting from Obafemi Awolowo University, Ile-Ife, Nigeria.
Her academic and professional qualifications, combined with her leadership experience, make her a strong addition to Cadbury Nigeria’s executive team as the company continues to implement its transformation agenda and strengthen its position in Nigeria’s competitive consumer goods market.
Commitment to Value Creation and Stakeholder Impact
Mrs. Ogundipe is known for her passion for building strong, consumer-loved brands and creating value for shareholders, employees, and communities. Her leadership philosophy centers on accountability, innovation, and sustainable growth.
According to industry observers, her appointment signals Cadbury Nigeria’s renewed focus on strategic execution, financial discipline, and operational excellence, especially as the company navigates evolving market dynamics and consumer behavior in Nigeria’s FMCG sector.
Strengthening Cadbury Nigeria’s Leadership Vision
Cadbury Nigeria Plc, a subsidiary of Mondelez International, remains one of the leading confectionery and beverage manufacturers in Nigeria. The company continues to implement initiatives aimed at deepening market penetration, improving operational efficiency, and enhancing shareholder value.
With Mrs. Folake Ogundipe joining the executive leadership, Cadbury Nigeria is expected to benefit from her vast experience in corporate governance, financial strategy, and stakeholder engagement. Her appointment reflects the company’s strategic direction toward building a resilient and agile business capable of delivering consistent growth in a challenging economic environment.
The Board of Directors expressed confidence that her appointment will contribute meaningfully to Cadbury’s ongoing transformation, ensuring the company continues to maintain its reputation as one of Nigeria’s most trusted and innovative consumer brands.
