Nestle Appoints Chavez as Director, Replaces Bonanno

By Modupe Gbadeyanka

A Mexican, Mr Ricardo Chavez, has been appointed as a non-executive director of Nestle effective February 1, 2017.

This followed the appointment of Mr Giuseppe Bonanno as the Head of Finance & Control of Nestrade in Switzerland.

Mr Bonanno was said to have informed the board of Nestle Nigeria Plc of his inability to continue to serve as a non-executive director of the company from February 1, 2017 due to his relocation from Ghana to Switzerland.

This consequently led to the appointment of Mr Chavez by the board.

Mr Chavez, who is the Head of Finance and Control of Nestle CWA Region based in Accra, joined the Mexico arm of the company 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 and in 2014, he was appointed the Head of Finance & Control, Food & 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.