Mr. Shobinder Duggal

Independent Director

Mr. Shobinder Duggal holds a bachelor’s degree in economics (Hons.) from St. Stephens College, Delhi University and is a member of Institute of Chartered Accountants of India.

He has completed the International General Management program for executive development from the International Institute for Management Development, Lausanne, Switzerland. He has vast experience in finance and accounts domain and in the past has held positions at Nestle as well as Voltas India Limited. He is a recipient of many prestigious awards, including the “Best CFO” of a Large MNC by Business Today and Business World India, “Best CFO” of an MNC by Dalal Street India, and the “Business World CFO” awards acknowledged Nestle India for outstanding financial performance in a Large MNC. He has also been recognized as one of India’s Best Finance and Tech Leaders in the Yes Bank – Business World Best CFO Awards in 2018.

During his association with Nestle, Mr. Duggal has handled various responsibilities including Financial Planning; Direct Taxes; Consolidation & Reporting to the Group and for the  Indian entity; Investor Relations; Insurance; Controlling; Costing; Treasury ; Payroll; Fixed Assets Management; Operational & Financial audits; Due diligence audit,   etc. He led an international team for the due diligence of a major acquisition in India. He has also handled procurement and IS/IT for a period of time. 

He has served as a member on the board of Nestle India Limited and Nestle Lanka PLC.

He is a member of the advisory board of Haldiram Snacks and Ethnic Foods.

His directorships and other full- time positions in bodies corporates are as follows:

1. SBI Life Insurance Company Limited

2. Kirloskar Brothers Limited

3. Sanofi Consumer Healthcare India Limited

4. ABB India Limited.