Nestlé Announces a New Board Chairman.

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Mr. Gbenga Oyebode has been chosen by Nestlé Nigeria Plc to serve as the new chairman of its board of directors. With effect from May 18, 2023, Mr. David Ifezulike retired from his position as the company’s chairman of the board, prompting the appointment.

Nestlé Nigeria also wished the new chairman of the Board of Directors, Oyebode, success in his new position and expressed confidence in his capacity to further contribute to the development of the firm.

In addition, Oyebode serves as chairman of Teach for All, Okomu Oil Palm Plc, and the African Philanthropy Forum. He was also a founding member of the law firm Aluko & Oyebode. Also, he is currently a Director of both CFAO Nigeria and Lafarge Africa Plc, as well as a member of the Board of Trustees of the Ford Foundation.

Oyebode was first appointed to the Board of Nestlé Nigeria Plc on February 24, 2014, and has served on the Statutory Audit Committee, Nomination, Governance and Remuneration Committee as well as the Board Audit and Risk Management Committee of the Company.


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