The economy is a major theme of debate in the lead-up to elections in 2019.
Grismer replaces Scott Maw, who is leaving just months after Executive Chairman and former Chief Executive Officer stepped aside from the company.
Nestle will explore strategic options for the unit, saying ?growth opportunities of Nestle Skin Health lie outside the group?s strategic scope?.
The European Central bank has no plan to issue a digital currency because the underlying technology is still fragile.