Nestlé India has announced the appointment of Mr. Edouard Mac Nab as Executive Director – Finance & Control and CFO, effective March 1, 2026, subject to approvals. He succeeds Ms. Svetlana Boldina. Mr. Mac Nab is currently the Head of Finance & Control at Nestlé Canada. The appointment follows a recommendation from the Nomination and Remuneration Committee and will be placed before the Audit Committee and the Board of Directors.
New Leadership in Finance
Mr. Edouard Mac Nab will assume the role of Executive Director – Finance & Control and Chief Financial Officer (CFO) at Nestlé India, effective March 1, 2026. This appointment is contingent upon necessary approvals.
Succession and Current Role
Mr. Mac Nab will be succeeding Ms. Svetlana Boldina in this key leadership position. Currently, Mr. Mac Nab serves as the Head of Finance & Control for Nestlé Canada.
Edouard Mac Nab’s Background
Mr. Mac Nab, aged 54, has a distinguished career, currently leading Finance & Control at Nestlé Canada, focusing on profitability and digital transformation. He holds a Bachelor’s degree in Business Administration with a major in Finance/Accounting, and a degree in Law. His experience includes over 25 years in international finance leadership roles across Asia, North America, Latin America, and Europe. Prior to his role at Nestlé Canada, he was the Chief Financial Officer (CFO) at Nestlé France, beginning in February 2022. He moved to his current role in September 2024. Before joining Nestlé, he held leadership positions at Reckitt, Mead Johnson Nutrition, and Bristol-Myers Squibb.
Source: BSE
