Roche says Nestle Chairman Bulcke to leave its board of directors

ZURICH (Reuters) – Roche board member Paul Bulcke, the current chairman of Nestle, will stand down from the Swiss drug-maker’s board of directors after its annual general meeting next year, the company said on Friday.

Bulcke, who has been a member the Roche board since 2011, decided not to stand for re-election at the AGM due to be held on March 22 next year, following almost 11 years in the role, Roche added.

The Roche board has proposed Jemilah Mahmood, currently the Special Advisor on Public Health to Malaysia’s prime minister, for election as a new member.

(Reporting by John Revill, editing by Louise Heavens)