Olam International expands its board with three new appointments

SINGAPORE – Olam International has announced the appointment of three new Non-executive Directors to the Board, as it continues to strengthen its “board’s overall skills set and stewardship effectiveness.”

The company has appointed Joerg Wolle and Ajai Puri to fill two independent roles while Nagi Hamiyeh will fill the non-independent role. All appointments are effective from September 1, 2019.

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“On behalf of the board, I am pleased to welcome onboard three new directors, Joerg Wolle, Ajai Puri and Nagi Hamiyeh, who have very distinguished backgrounds which will complement, augment and strengthen our board’s overall skills set and stewardship effectiveness,” said Lim Ah Doo, chairman of Olam’s board.

“These appointments are well in line with the succession plan of the Board and our stated purpose and strategy to enhance our company’s leadership in the global food and ingredients space.

“I am confident their joining the board will add value and contribute to the long-term growth of Olam.”

Wolle is chairman of Kuehne Nagel International and Klingelnberg AG. He is a director on the Board of Kuehne Holding as well as a member of the Board of Trustees of Kuehne Foundation.

He was chairman of DKSH Holding from 2017 until recently and was its president and chief executive officer (CEO) between 2002-17.

Dr Ajai Puri is a non-executive director of Tate & Lyle PLC, Firmenich S.A. and Britannia Industries Ltd.

At these Boards, he is a member of various committees responsible for corporate social responsibility, nomination and remuneration, innovation and strategy.

Between 2009-15, Puri served as a non-executive director at Nutreco N.V. and Barry Callebaut.

He has also served in the boards of The Coca Cola Company, and Royal Numico where he served as Executive Director – President of Research, Development and Product Integrity between 2003 and 2007.

Hamiyeh is the joint head of Investment Group and head, consumer, at Temasek International.

He previously led the firm’s Natural Resources, Industrials and Real Estate Investment teams and was Joint head of Enterprise Development Group and head of Africa and Middle East.

Prior to Temasek, Hamiyeh worked with Credit Suisse First Boston as well as Bain & Company.

1 thought on “Olam International expands its board with three new appointments

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