Nestlé Board’s Surprise Move Taps Insider To Lead Company News ad

Nestlé Board’s Surprise Move Taps Insider To Lead Company News ad

In a surprise announcement, global food giant Nestlé has named 38-year company veteran Laurent Freixe as CEO, effective September 1, replacing outgoing Mark Schneider. The move reportedly came the day after a board meeting at which Schneider was asked to step down. “[This] is another sign that this is not a planned transition,” Bruno Monteyne, … Read more

RBI Taps Into Instant Payment Systems Project Nexus News ad

RBI Taps Into Instant Payment Systems Project Nexus News ad

The Reserve Bank of India (RBI) joined Project Nexus, which aims to create a multilateral cross-border instant payment system (IPS) by 2026. Conceptualized in 2022 by the Bank for International Settlements (BIS), Project Nexus was the first project in the payments sector from its innovation hub. Though RBI has collaborated with seven countries to link … Read more