Nestlé, the world’s largest food company, announced several senior management changes in Asia, Oceania, and Africa (AOA) region, including China, according to several people familiar with the matters.
 

Kais Marzouki, the current CEO & Chairman of Nestlé Philippines will become the head of Nestlé’s Greater China market. Meanwhile, David Zhang, the Chairman and CEO of Nestlé Greater China, has decided to relocate to Shanghai to spend more time with family and will pursue new career opportunities outside the group.
 
Foodinc also understands that, per the arrangement, Kais will officially assume the role on July 1 and will begin the transition in May. David will step down on July 1 but will continue to serve as a strategic advisor to the company for the next 18 months.
 
This marks the first change in Nestlé’s top leadership position in China in over three years. It also signifies that Nestlé continues to look internally for a “new leader” to take over its China business, which exceeds 40 billion yuan with more than 18,000 employees in the country.
 
Before his Philippine appointment, Kais was CEO of Nestlé Central and West Africa Region, a post he held since August 2013.
 
Kais, who holds a Master’s Degree in Management from the European School of Management, joined Nestlé Switzerland in November 1995 as Brand Manager for frozen recipe dishes for retail and foodservices.
 
From 2001 to 2011, Kais held various senior management positions in marketing, sales, and general management in countries such as Jordan, Lebanon, Southern & Eastern African Region, Switzerland, and Oceania.  Before his appointment as CEO of Nestlé Central and West Africa Region, he was Business Executive Manager in charge of Coffee and MILO in Nestlé Oceania from 2011-2013.
 
Meanwhile, Nestlé says since David took on his current role in January 2022, Nestlé has achieved steady growth expanded market share, launched products tailored to the Chinese market, and established strong partnerships with local stakeholders.
 
David is expected to join Challenjers Ventures as an operating partner, as Foodinc learns . Challenjers Ventures, founded in 2014, is an investment firm focused on the consumer sector. It has invested in numerous well-known new consumer brands, including Genki Forest, M Stand Coffee, Majiyong, Youkeshu, alexanderwang, Xiaogi Tech, and Xige Winery.
 
Nestlé wished David success in his new role.

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