By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE) –Beverage makers, Nestle Nigeria Plc on Tuesday named Syed Saiful Islam executive director (ED) of the company following the resignation of Martin Kruegel, an ED, the company said in a notice to the Nigerian Stock Exchange (NSE).

According to Nestle, Kruegel resigned from the board of the company on September 30, 2014 as a result of his transfer to Nestle Malaysia/Singapore.

The beverage maker said Islam’s appointment is with effect from October 01, 2014 subject to the approval of the shareholders at the next annual general meeting (AGM) of the company.

Islam was born on October 27, 1972 in Bangladesh, he obtained a Bachelor’s degree in Commerce (1st Class Honours) Panjab University, Chandigarh, India. He further obtained a Master’s degree in Finance (2nd Class 6th position) from the Dhaka University, Dhaka, Bangladesh. He trained as a chartered accountant at KPMG Rahman Huq from 1994 – 1997 and became a member of the Institute of Chartered Accountants of Bangladesh in 1998.

His career history spans the following organisations:

April 2010 – Present – Nestle Lanka Plc, Vice President – Finance & Control

August 2006 – March 2010 – Nestle Bangladesh Limited, Financial & Control

December 2005 – July 2006 – Nestle Bangladesh Limited, Corporate Controller

May 2000 – December 2005 – Nestle India Limited, Controller, Northern India Region, Delhi

Manager – Financial Planning, Corporate Office

November 1999 – April 2000 – Nestle Bangladesh Limited, Manager Financial Accounting

September 1999 – October 1999 – Citibank N.A. Dhaka, Assistant Manager, Internal Control

April 1998 – September 1999 – Ericsson, Bangladesh Branch, Dhaka, Company Accountant

Islam is a member, of the Taxation Sub-Committee of the Ceylon Chamber of Commerce and was a member of Trade, Tariff, Taxation and Company Affairs Sub-Committee of the Foreign Investors Chamber of Commerce and Industry (FCCI) Dhaka, Bangladesh.