Nestle India's finance chief Svetlana Boldina to step down

Nestle India's chief financial officer Svetlana Boldina will step down with effect from January 31, 2026, to take up a new position with a Nestle affiliate, the consumer firm said on Wednesday.

The management change comes at a time when Indian consumer majors such as Hindustan Unilever and Britannia have reshuffled their top brass following several quarters of muted earnings.

In October, Nestle India posted a marginal rise in second-quarter profit and noted a gradual improvement in urban demand for items such as Maggi noodles and Nescafe coffee.


A new CFO will be announced shortly, the company said on Wednesday.

Boldina took the role in March 2023, having been part of the Nestle group for more than 25 years with experience spanning markets such as Russia and Indonesia.