Monday, March 06, 2017/ 5:07 PM /NSE
This is to inform you of the recent changes to the Board of Directors of Nestle Nigeria Plc.
Sequel to the appointment of Mr. Giuseppe Bonanno as the Head of Finance & Control of Nestrade in Switzerland, he has informed the Board of his inability to continue to serve as a non-executive director of the Company from February 1, 2017 in view of his relocation from Ghana to Switzerland. The Board has accepted his decision.
The Board has appointed Mr. Ricardo Chavex as a non-executive director of the Company effective February 1, 2017. Mr. Chavex is a Mexican and the Head of Finance and Control of Nestle CWA Region based in Accra.
Mr. Chavex joined Nestle Mexico in 1992 and later worked as international auditor and Market Audit Manager in Thailand and Indonesia. In 2002, he was appointed the Supply Chain Controller and was later transferred to the Nestle Group Audit.
In 2010, Mr. Chavez was appointed the Head of Finance and Control of Nestle Equatorial African Region comprising 21 countries.
In 2014, he was appointed the Head of Finance & Beverage Division of Nestle Greater China Region before his current appointment as the Head of Finance and Control of Nestle CWA Region comprising 22 countries.