Nestlé Nigeria Plc has announced some changes to its board of directors.
According to the company announcement, Namit Mishra has been named finance and control director of Nestlé Nigeria Plc, starting August 1.
Sarmad Saleem will be replaced by Mr. Mishra on July 31 as Sarmad Saleem leaves the position.
For Nestlé Punna Petcare – Zone AOA, Mr. Saleem has assumed the position of Head of Finance and Control.
The company’s secretary, Bode Ayeku reported that the board praised Mr. Saleem’s services to the organization since his employment as the finance and control director of the company on June 1, 2022, and accepted his decision to resign while wishing him well in his new position.
Moga Factory hired Mr. Mishra in 1995 and he was given a promotion to Corporate Costing Manager for the South Asia Region in 2004.
He returned to India in 2011 as the Business Controller for Nestle Nutrition and Nestle Health Science, where he made a significant contribution to the Samalkha Factory’s successful growth and capacity expansion.
He relocated as Head of Management Accounting, SAR, in October 2015, changing the nature of the position to one of more proactive decision assistance.
The company claimed that since taking on his current position in 2019, Mr. Mishra has led business transformation on a number of fronts and produced outstanding outcomes as a co-pilot to the market.
The company claims that despite persistent FX difficulties in Bangladesh, Mr. Mishra tirelessly controlled the volatility and provided seamless business continuity.
