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Nestle India CFO Svetlana Boldina to step down on January 31, 2026

Svetlana Boldina, chief financial officer of Nestle India, will step down with effect from January 31, 2026, to take up a new position with a Nestle affiliate. The company said a new CFO will be announced shortly. The management change comes as 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.

The appointment

Svetlana Boldinanew position with a Nestle affiliateat Nestle India
Effective
January 31, 2026
Announced
10 December 2025

Key details

Departure date
January 31, 2026
CFO since
March 2023
Nestle group tenure
More than 25 years
Next role
New position with a Nestle affiliate
Successor
To be announced shortly

Career so far

  1. new position with a Nestle affiliateNestle India · from Dec 2025
  2. Chief Financial OfficerNestle India

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

Roles as stated in the announcement; dates of earlier roles are given only where it states them.

About Nestle India

Packaged food and beverage company.

More from Nestle India

Other recent people moves

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Frequently asked questions

Who is the new new position with a Nestle affiliate at Nestle India?

Svetlana Boldina was appointed new position with a Nestle affiliate at Nestle India; the move was announced on 10 December 2025.

When does Svetlana Boldina take charge?

The appointment is effective January 31, 2026.

What did Svetlana Boldina do before joining Nestle India?

According to the announcement, Svetlana Boldina has worked as Chief Financial Officer at Nestle India.

Based on company announcements, filings and reporting by ET Retail. Details were checked against the source on 13 Nov 2026; we add nothing the source does not state.

Key facts

Company
Nestle India
Person
Svetlana Boldina
New role
new position with a Nestle affiliate
Type
Exit
Date
10 Dec 2025
Source
Media reports

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