Nestlé appoints new managing director for Vietnam

Binu Jacob, new managing director of Nestlé Vietnam

Binu Jacob will replace Ganesan Ampalavanar, who has held the position of managing director of Nestlé Vietnam between February 1, 2015 and March 31, 2020. Ganesan Ampalavanar will become managing director of Nestlé Indonesia from April 1, 2020.

Binu Jacob has been working at Nestlé Group for more than 22 years, across Europe, the US, and Asia. Before coming to Vietnam, he was regional business head and senior vice president of the Baby Nutrition Business Unit for Nestlé China. With a mandate to turn around the Nestlé Infant Nutrition business in this region, he achieved success with a persistent focus on people, purpose, and performance. His strong experience and solid leadership skills made him the perfect choice to fulfil the leadership role of Nestlé Vietnam.

“Our purpose of enhancing the quality of life and contributing to a healthier future is now more important than ever,” said Binu Jacob, citing that arriving in Vietnam amidst the global pandemic outbreak has even strengthened his determination to move the company forward. “From our supply chain to our factories, we’re working around the clock to ensure that we continue to meet the nutritional needs of Vietnamese families during this difficult time.”

“People are at the heart of our business. Therefore, the health and safety of our employees, business partners, and the communities where we operate is extremely important for us,” added Binu. “Our people are fully committed and are working to ensure that supply is maintained.”

Nestlé is the world’s largest food and beverage company with over 150 years of history, headquartered in Vevey, Switzerland. The group has more than 2,000 brands and is present in 191 countries all over the world. Nestlé officially started business in Vietnam in 1992 by a joint venture with Long An Trading Company to form La Vie Co., Ltd. which produces La Vie mineral water.

Nestlé Vietnam was registered in 1995 as a 100 per cent foreign-invested enterprise. The company produces and distributes nutritional, food and beverage products such as NESCAFÉ, MILO, MAGGI, and NAN. To date, the total investment capital of Nestlé in Vietnam is around $700 million. The company employs more than 2,500 employees nationwide and operates six factories in Vietnam.