Carlo Donati, a Swiss national born in 1946, spent much of his career at the Swiss food giant Nestlé, where he held a number of important roles in India, Africa and Italy, most recently as Executive Vice President of the Nestlé Group and CEO of Nestlé Waters Worldwide. He has now retired, and is member of a number of boards of administrations. He holds a degree in economics from the University of Fribourg, and has been a member of the Board of Directors of Cornèr Bank Ltd. since 2008.