Nestlé India taps Edouard Mac Nab as new CFO

GURUGRAM: Nestlé India on Friday said Edouard Mac Nab will take over as executive director–finance and control and chief financial officer from 1 March. He will replace Svetlana Boldina, who steps down on 31 January to move to a new role within a Nestlé affiliate. The proposal will be put to the audit committee and the board following a recommendation from the nomination and remuneration committee, the company said in a BSE filing.

Mac Nab is currently head of finance and control at Nestlé Canada, where he is credited with restoring profitability and pushing a digital overhaul of the finance function. Before joining the Nestlé group, he held senior finance roles at Reckitt, Mead Johnson Nutrition and Bristol-Myers Squibb.

He joined Nestlé France as chief financial officer in February 2022 and brings more than 25 years of international finance leadership experience across Asia, North America, Latin America and Europe.