Nik Jhangiani, Indian American finance chief at the world’s biggest spirits maker Diageo, has taken over as the company’s interim boss as CEO Debra Crew has stepped down after two years in the job.

Nik Jhangiani, a finance veteran with extensive experience in the beverage industry, has been appointed interim CEO of Diageo following Debra Crew's departure. With a background at Coca-Cola Europacific Partners and Bharti Enterprises,

Diageo, the maker of Johnnie Walker whisky and Guinness beer, announced on Wednesday that chief executive officer Debra Crew has stepped down with immediate effect. The company said the decision was made “by mutual agreement” but did not specify reasons for her departure,