Mr. Shobinder Duggal
Independent Director
Mr. Duggal completed his undergraduate studies at St. Stephens College, Delhi University, and then became a Chartered Accountant. He joined Nestle in 1986 and over the next two decades, he held various important roles, including Vice President - Corporate Control, and assignments at Nestle Group HO in Switzerland.
By 2004, Mr. Duggal had climbed the ranks to become the CFO of Nestle South Asia region. He handled responsibilities including Financial Planning, Direct Taxes, Consolidation & Reporting, Investor Relations, Insurance, Controlling, Costing, Treasury Function, Payroll, Fixed Assets Management, Operational & Financial Audits, Due diligence Audit, etc. He led an international team for the due diligence of a major proposed acquisition in India. He was core team member managing Nestle products that are driven via the prescription and OTC route.
In addition to being a Board member of Nestle India Limited, he was also a Board member of Nestle Lanka PLC. Because of his work he has been awarded the “Best CFO of an MNC” by Business Today and Business World India in 2012 and 2018, respectively.
Since his retirement, Mr. Duggal has been a part of three reputed companies in India - SBI Life Insurance Company Limited. Kirloskar Brothers Limited and PI Industries Limited as an Independent Director. He is also a member of the Advisory Board of Haldiram Snacks where he is helping in the transformation journey of the company and expanding their brand footprint internationally.
He is sought after for his ability to understand business, business cycles, his ability to mentor CEOs and CFOs, and create robust structures and systems. Given his strong background and leadership experience, we are confident he will be able to guide the Sanofi Consumer Healthcare Board, and that his mentorship will be of great value to the Company.