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Cadbury Nigeria has named Oyeyimika Adeboye its new Managing Director. With this appointment, she becomes the first female to take the lead role at the company in five decades- a fact which Cadbury highlights in its announcement.

Adeboye succeeds Mr. Amir Shamsi, who will be moving to a new position within Mondelez International, Cadbury Nigeria’s parent organization. He’s been Managing Director since January 2017. Adeboye resumes at the top managerial spot effective April 1, 2019.

For over ten years, Adeboye has worked as Finance Director, West Africa, for Cadbury. In that capacity, she’s overseen financial controls and the management of accounts for the company’s West African concerns, implementing strategies for its growth and profitability. Prior to this, she filled a similar position at the Nigerian Bottling Company, from 1994 to 2007.

Adeboye has a B.Sc in Economics from the University College Cardiff, which she obtained in 1986. Following this, she worked with the now-defunct American accounting firm, Arthur Andersen LLC, as well as Midgley Snelling & Co Chartered Accountants in the United Kingdom.

Besides her degree in Economics, she’s also attended a number of courses at the IMD Business School in Lausanne, Switzerland.

The office of the Director of Finance and Strategy, which Adeboye has occupied until now, will be taken over by Ogaga Ologe, effective April 2019. Ologe is currently Financial Controller at Cadbury Nigeria. He joined the company in 2012 from KPMG, where he was Manager of Audit and Advisory Services. There, he led teams to audit the accounts of many large scale corporations.  He’s also been Financial Reporting Manager and Business Partnering at Cadbury between 2012 and 2014.

Ologe is a graduate of the Delta State University, Abraka, where he bagged a B.Sc. in Physics. He’s also a member of the Institute of Chartered Accountants of Nigeria (ICAN).

Cadbury is a leading producer of beverages, confectionery and edible gums in Nigeria. It’s owned for the most part (74%) by Mondelez International, a global food production company, and has a diverse group of investors holding the remainder.

Featured image source: Pulse.ng


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This article was first published on 25th March 2019

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.


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