Announcements  |  JANUARY 31, 2013 6:30AM

Nestle Malaysia appoints new MD

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Nestlé (Malaysia) Bhd has appointed Alois Hofbauer as Managing Director, effective tomorrow, succeeding Peter R. Vogt who helm the organisation for more than three years. In a statement, it said Hofbauer would assume his position on thecompany’s board of directors on February 22 and would be responsible for the Singapore region.

Prior to his new appointment, Hofbauer was previously the Managing Director of Nestlé Lanka Plc., Sri Lanka. Before his stint in Sri Lanka, Hofbauer was regional head of Greater China and after that he was General manager in Taiwan before taking up his post in Sri Lanka. He graduated from Leopold-Franzens University Innsbruck and the International Institute of Management. Under his stewardship, Nestle Lanka has seen a 20% growth and won a number of prestigious accolades for sustainable performance and contribution to the country’s rural development, most notably its crowning as the country’s Best Corporate Citizen for 2011.

Under his tenure, the company celebrated its highest ever fresh milk intake of over five million litres in the month of September 2012 and expects to pay LKR 2.6 billion, the highest in Nestle’s  history, to the rural farmers this year.

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