Nestlé India Limited announced the appointment of Svetlana Boldina as an Additional Director on the company’s Board, with effect from March 1, 2023.
According to the company’s exchange filing, “the Board of Directors on the recommendation of the Nomination and Remuneration Committee, appointed Ms Svetlana Boldina, as an Additional Director and Whole-time Director, designated as ‘Executive Director – Finance & Control and Chief Financial Officer” (Key Managerial Personnel), w.e.f. 1st March 2023 for a term of five consecutive years, subject to requisite approvals, in place of Mr David McDaniel.”
Svetlana Boldina is a Russian National and holds an Engineering Degree from Moscow Telecommunication University and Masters in Business Administration, Accounting and Finance Technology from Russian Academy for Economics. Boldina has worked in Nestlé markets in Russia, Eastern Europe and Indonesia with strong operational experience and an excellent track record of over 25 years with Nestlé Group. Before this assignment, she was Head of Finance & Control of Nestlé Indonesia.
Boldina has contributed significantly towards effective business decisions, as well as developing and shaping up a professional Finance and Information Technology teams in her previous roles and has displayed strong functional capabilities, combined with leadership & drive to achieve business outcomes, a statement said.
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