SINGAPORE – The agribusiness giant, Olam international has received the AGROW Award, recognized for inclusive agribusiness in the ASEAN (Association of Southeast Asian Nations) agricultural sector.
Olam was honored with the Golden AGROW Award (Singapore) for its outstanding contributions in the field of agriculture by helping micro, small and medium enterprises in the region to prosper, and for advancing the field of agriculture overall.
“We are honored and excited to receive this award,” said Prakash Jhanwer, president of Southeast Asia and China, Olam International.
“Olam has a significant footprint in Southeast Asia across the agri value chain, and this recognition is a strong testament to how the team is re-imagining global agriculture and co-creating innovative solutions to improve farmer productivity, bring quality products to consumers and benefit wider communities.
We will catalyze more positive change as we invest into more value-adding capabilities in the region.”
The inaugural AGROW awards celebrates excellence among companies, teams, and individuals across the crop protection and seed sector, particularly those who have greatly contributed to innovation in the agribusiness sector.
The awards were held as part of the second ASEAN Agricultural Summit 2018 in Manila, Pasay City, Philippines and included categories such as financial inclusivity, young agripreneur, inclusive business and groundbreaker.
Sunny Verghese, Olam’s Group co-founder and chief executive officer, joined fellow speakers from the food and agri-sector at the summit to discuss the mentorship, money and market (3Ms) model in enabling disruptive agri-technology and innovation across the region.
Over 30 agripreneurs and inclusive private sector agribusinesses were recognized for boosting the agribusiness sector.
One of the past winners of AGROW awards was Dow AgroSciences, recognizing agricultural industry advances in technology and innovation within crop protection and production.
ASEAN Agricultural Summit 2018 was organised by ASEAN Business Advisory Council (ASEAN-BAC), formed in 2003 with the primary goal of providing private sector feedback and guidance to boost efforts towards economic integration.