Nestlé India Nominates Edouard Mac Nab as Executive Director and CFO

Nestlé India on Thursday in an exchange filing, said its board has nominated Edouard Mac Nab as Executive Director – Finance & Control and Chief Financial Officer, with effect from Mar 1, 2026, subject to statutory and shareholder approvals.

The nomination follows the proposed succession of Svetlana Boldina, who currently serves as Whole-time Director and CFO. The proposal will be placed before the Audit Committee and the Board of Directors after a recommendation from the Nomination and Remuneration Committee.

Mac Nab is currently Head of Finance & Control at Nestlé Canada and has played a key role in restoring profitability and accelerating the finance organisation’s digital transformation.

Mac Nab, aged 54, brings over 25 years of international finance leadership experience across Asia, North America, Latin America, and Europe. He holds a Bachelor’s degree in Business Administration with a major in Finance and Accounting, along with a degree in Law.

He previously served as Chief Financial Officer at Nestlé France from February 2022 before moving to his current role in September 2024. Prior to joining the Nestlé Group, he held senior finance leadership positions at Reckitt, Mead Johnson Nutrition, and Bristol-Myers Squibb.