Cadbury Nigeria Plc has appointed economist Rasaq Adedoyin Salami as an independent non-executive director and consumer goods executive Hisham Ezz El Arab as a non-executive director, according to a regulatory filing with the Nigerian Exchange.
The appointments, which take effect from March 26, 2026, come alongside the resignation of Abhiroop Chuckarbutty from the board on the same date, the company said in the disclosure.
The changes expand the board’s mix of policy, governance and multinational consumer goods experience at a time when Nigerian manufacturers are navigating currency volatility, cost pressures and shifting consumer demand.
Salami brings more than three decades of experience spanning academia, public policy and corporate advisory. He holds a doctorate from Queen Mary College, University of London, and is chief executive of KAINOS Edge Consulting, an applied economics advisory firm he co-founded. His prior public service includes roles as chief economic adviser to former President Muhammadu Buhari and chairman of the Presidential Economic Advisory Council, where he contributed to macroeconomic policy formulation.
In the private sector, Salami has served on multiple corporate boards and currently chairs Dryva Logistics Ltd. His previous directorships include Prestige Assurance Plc and ARM Investment Managers Ltd, underscoring a track record in governance across financial and logistics sectors. He has also consulted for multilateral institutions including the World Bank, UNIDO and the International Finance Corporation.
Ezz El Arab joins the board with more than three decades of experience in the fast-moving consumer goods sector, including senior roles at Danone and Procter & Gamble. He currently serves as Business Unit President for Sub-Saharan Africa at Mondelēz International, Cadbury Nigeria’s parent company, positioning him to align local strategy with regional and global operations.
His career has focused on growth strategy, operational efficiency and market expansion across emerging and developed markets. He holds a degree in mechanical engineering from the American University in Cairo and has completed executive programmes at institutions including MIT, INSEAD, IMD and IESE. He has also contributed to advisory initiatives for the French government and delivered guest lectures at London Business School.
Cadbury Nigeria said it welcomed both appointments and expressed confidence in their contributions to the company’s strategic direction.
The board is chaired by Adedotun Sulaiman, while Folake Ogundipe leads the company’s executive management on an interim basis. Other board members include non-executive directors such as Ibukun Awosika and Sree Patel, alongside independent directors including Kofo Akinkugbe and Olubunmi Lawson.
The appointments reflect an effort to deepen board expertise in economic policy and multinational operations as the company positions for growth in a challenging operating environment.