MANILA, Philippines - Nestlé S.A. has announced the promotion of Nestlé Philippines, Inc. (NPI) chairman and CEO Nandu Nadkishore to the position of Senior Vice President and Global Business Head of Infant Nutrition.
Nadkishore has headed Nestlé Philippines for nearly five years, during which the company intensified consumer focus and honed business excellence best practices in all disciplines. As a result, the company has sustained continuous growth amid challenging conditions, consistently achieving or exceeding targets, gaining market shares across categories, launching product innovations and winning awards for various accomplishments within the global Nestlé business. The company’s annual turnover, which stood at P63.8 billion in 2005, had increased to P82.3 billion in 2008. The Philippines is Nestlé’s 10th largest market worldwide.
Nadkishore joined Nestlé in 1989 in India, where over seven years he developed his early career in the marketing stream, in positions of increasing responsibility. His international career started in 1996 when he transferred to Nestlé Indonesia to head the confectionary unit. After a short period as Marketing Advisor in the Confectionary SBU in Vevey, Switzerland between 1999 and 2000, he returned to Nestlé Indonesia first as Marketing and Sales Director before his promotion to CEO in March 2003. He transferred to Nestlé Philippines as Chairman and CEO in April 2005.
The outgoing NPI CEO, who will assume his new position in Vevey, Switzerland effective October 1, 2009, said the long-term mission of Nestlé Philippines is “to nurture generations of Filipino families for the next 100 years, and we do this by transforming ourselves into a Nutrition, Health and Wellness Company.”
Nadkishore will be succeeded as NPI chairman and CEO by John Miller, currently CEO of Nestlé Indochina and previously of Nestlé Singapore.