Mr. Sunil Parthasarathy has resigned as a director of Cadbury Nigeria Plc after serving on the board for over seven years. The resignation took effect on December 16, 2025.
Okay News reports that the company notified the Nigerian Exchange Limited of the development. Company Secretary Afolasade Olowe signed the official filing.
The board formally accepted the resignation. It expressed gratitude for Parthasarathy’s contributions since his appointment in March 2018.
“This is to notify the Nigerian Exchange Limited and the investing public that the Board of Cadbury Nigeria Plc has considered and accepted the resignation of Mr. Sunil Parthasarathy as Director of the Company, with effect from today, Tuesday, 16th December 2025,” the statement read.
“The Board expresses its deep appreciation to Mr. Parthasarathy for his valued contribution since his appointment in March 2018,” it added.
Cadbury Nigeria stated that a replacement director will be announced in due course. The board remains balanced with executive, non-executive, and independent members.
The board is chaired by Adedotun Sulaiman. Oyeyimika Adeboye serves as Managing Director.
Other directors include non-executive members Ibukun Awosika and Abhiroop Chuckarbutty. Independent non-executive directors are Kofo Akinkugbe and Olubunmi Lawson.
The resignation coincides with a strong financial recovery for the company. Cadbury Nigeria reported a pre-tax profit of N5.9 billion in the second quarter of 2025.
This performance helped drive half-year profit to N14.5 billion. It marks a significant turnaround from prior losses.
These board and financial developments reinforce corporate governance and operational strength at Cadbury Nigeria, supporting sustained growth in the consumer goods sector.
