new delhi a day after rakesh kapoors appointment as ceodesignate at ukbased reckitt benckiser swiss fmcg giant nestle sa has appointed indiaborn nandu nandkishore as the executive vicepresident for asia oceania africa and middle east me with effect from october 1 2011 the board of directors appointed nandu nandkishore as executive vicepresident responsible for zone asia oceania africa and middle east effective 1 october 2011 the vevey switzerland based firm said in a statement he will succeed frits van dijk who is retiring in september after a long and distinguished career of 41 years with nestl it added nandkishore 52 currently deputy executive vice president and responsible for nestl nutrition acquired extensive practical business experience in a global context over his past 22 years with the group the statement said he is an mba from iim ahmedabad and an electrical engineering graduate from iit delhi the board also appointed kurt schmidt deputy executive vicepresident responsible for nestl nutrition effective september 1 2011 in succession to nandu nandkishore it said schmidt 54 is currently regional business head for infant nutrition and responsible for the coordination of nestl nutrition north america nestle sa the worlds largest food company reported firstquarter sales growth that beat estimates and said profitability will improve in the second half as it raises bottledwater prices and sells more premium pet food the company which reported sales of 203 billion swiss francs around rs 10100 crore in the first quarter of 2011 said its sales in africa and asia which includes india did well during the period under review in ambient culinary maggi saw strong growth across its range including noodles in india and seasonings in africa and elsewhere it said chocolate continued to perform well in many markets including in china with shark and in india with munch growth was also strong in ambient dairy and readytodrink beverages among other categories nestle said organic sales rose 12 in emerging markets where the company gets about a third of revenue that surpassed growth of 3 in developed countries price increases added 15 percentage points to revenue growth nestle indicated adding that pricing should tick up over the course of the year nestle said it expects fullyear margins to improve at constant currency rates fueled by the second half