Nestlé India has announced the appointment of Mr. Mandeep Chhatwal as an Additional Director (Non-Executive Director) effective January 1, 2026, subject to shareholder approval. Mr. Chhatwal brings over 30 years of finance experience, currently serving as CFO for Zone Asia, Oceania & Africa at Nestlé.
Leadership Addition
Nestlé India’s Board of Directors has approved the appointment of Mr. Mandeep Chhatwal (DIN: 11387157) as an Additional Director (Non-Executive Director), effective January 1, 2026. The decision was made based on the recommendation of the Nomination and Remuneration Committee.
Executive Profile
Mr. Chhatwal holds a Master’s degree in Business Administration from IIM Ahmedabad and has extensive experience in the finance sector. Before this appointment, Mr. Chhatwal began his career at Nestlé India in 1989, and then transitioned to other markets within the Nestlé Group in 2004. He currently serves as Chief Financial Officer (CFO) for Zone Asia, Oceania & Africa (AOA). He has also held senior financial positions, including CFO of Nestlé Sri Lanka, Global Head of Financial Services, Head of Corporate Finance & Deputy Treasurer, and CFO of Nestlé Philippines.
Terms of Appointment
Mr. Chhatwal’s term of appointment will be subject to retirement of directors by rotation. This appointment is pending shareholder approval. There is no familial connection between Mr. Chhatwal and any current director of the company.
Source: BSE
