Kwa Chong SengNon-Executive Chairman, and Independent Director
Kwa Chong Seng is the Chairman of Neptune Orient Lines Ltd, Singapore Technologies Engineering Ltd and Fullerton Fund Management Co. Ltd. He is a Non‑Executive Director of Singapore Exchange Ltd, Seatown Holdings Pte Ltd and Delta Topco Ltd. Chong Seng is a member of the Defence Science and Technology Agency Board of Directors, and is also the Deputy Chairman of the Public Service Commission in Singapore. He was the Deputy Chairman of Temasek Holdings Pte Ltd from 1997 to 2012 and a Non‑Executive Director of DBS Group Holdings Ltd and DBS Bank Ltd from 2003 to 2012. Chong Seng has more than 40 years of experience in the petroleum industry. He started his career with Esso Singapore Pte Ltd in 1969, holding various roles in Logistics, Marketing and other parts of the downstream business before becoming Chairman and Managing Director in 1992. He held this post until 1999 when he became Chairman and Managing Director of ExxonMobil Asia Pacific Pte Ltd. He retired from this position in 2011. Chong Seng was awarded the Distinguished Engineering Alumni Award by the National University of Singapore. Chong Seng graduated from the University of Singapore with a Mechanical Engineering degree. He is a Fellow of the Academy of Engineering Singapore. He has been awarded the Honorary Ningbo Citizenship and also the Singapore Public Service Star. Chong Seng is Olam's Non-Executive Chairman of the Board; Chairman of the Audit and Compliance Committee; Governance and Nomination Committee; and Human Resource and Compensation Committee; and a member of the Board Risk Committee; and Capital Investment Committee.
Lim Ah DooNon-Executive Chairman-designate and Independent Director
Lim Ah Doo is Non-Executive Chairman-designate and Independent Director from November 1, 2016 to December 31, 2016. He will assume the positions of Independent Non-Executive Director and Chairman on January 1, 2017. Ah Doo had an 18-year banking career at Morgan Grenfell, which included being the Chairman of Morgan Grenfell (Asia) Limited from 1993 to 1995. He also chaired the Singapore Investment Banking Association in 1994. Between 2003 and 2008, he was President and then Vice Chairman of the RGE Group, a global resource group. Ah Doo was previously an Independent Director at EDB Investments and an Independent Commissioner and Chairman of the Audit Committee of PT Indosat (Indonesia). Ah Doo currently chairs the Board of Singapore Technologies Marine Ltd, a subsidiary of the Singapore main-board listed Singapore Technologies Engineering Ltd and is an independent director of Singapore Technologies Engineering Ltd. He sits on the Board of SembCorp Marine Ltd as Independent Director and Chairman of its Risk Committee and Special Committee, and is also a lead Independent Director of Cache Logistics Trust and Chairman of its Audit Committee.
Sunny VergheseCo-Founder and Group CEO
Sunny Verghese is the Co‑Founder and Group CEO and was appointed to the Board in 1996. He had been with the Kewalram Chanrai Group (K.C. Group) for nearly 3 decades and in 1989 was mandated to start the Company with a view to building an agricultural products business. Before joining the K.C. Group, he worked for Unilever in India. Sunny is currently the Chairman of the Human Capital Leadership Institute. He holds a postgraduate degree in Business Management from the Indian Institute of Management, Ahmedabad and has completed the Advanced Management Program at the Harvard Business School. Sunny has won several awards including Ernst & Young Entrepreneur of the Year for Singapore in 2008 and Best CEO of the Year 2011 at the Singapore Corporate Awards. He was also awarded the Public Service Medal by the Government of the Republic of Singapore in 2010. Sunny is a member of the Company’s Board Risk, and Capital and Investment Committees.
Jean-Paul PinardNon-Executive and Independent Director
Jean‑Paul Pinard is a Non‑Executive and Independent Director and was appointed to the Board in 2008. Jean‑Paul spent 17 years with the International Finance Corporation, Washington, DC (IFC), becoming the Director of the Agricultural Department, responsible for managing IFC’s US$1.5 billion portfolio of loan and equity investments in agri‑business and food industries. He holds a PhD in Economics from the University of California and a Diplôme d’Ingénieur from the École Polytechnique, Paris. Jean-Paul is Chairman of the Corporate Responsibility and Sustainability Committee; and is a member of the Capital and Investment Committee; and Human Resource and Compensation Committee.
Sanjiv MisraNon-Executive Director and Independent Director
Sanjiv Misra is a Non‑Executive and Independent Director and was appointed to the Board in 2013. He is currently the Chairman of the Asia Pacific Advisory Board for Apollo Management, the global private equity and alternative asset management firm, and a Director of Edelweiss Financial Services Ltd, a company listed on the Bombay Stock Exchange. He is also President of Phoenix Advisers Pte Ltd, a boutique advisory and principal investing firm. Sanjiv is a member of the Board of Trustees of the Singapore Management University, the Board of Directors of the National University Health System and the Board of Directors of OUE Hospitality Trust Management Pte Ltd. His career has featured several senior positions including Chief Executive Officer of Citigroup’s Global Corporate and Investment Banking Group in Singapore and Brunei and Country Officer in Singapore, and Head of the Asia Pacific Corporate Bank, in a career spanning 11 years with Citigroup. His career prior to Citigroup included stints with Salomon Brothers and Goldman Sachs & Co. Sanjiv is Chairman of the Capital and Investment Committee, and a member of the Board Risk Committee; and Human Resource and Compensation Committee.
Nihal Vijaya Devadas Kaviratne, CBENon-Executive and Independent Director
Nihal Kaviratne, CBE is a Non‑Executive and Independent Director and was appointed to the Board in 2014. His career with the Unilever Group spanned 40 years during which he held various senior level management positions in sales, marketing, brand and strategic planning and development, and as Chairman/CEO across Asia, Europe and Latin America. He retired from Unilever in 2005. Nihal currently serves as an Independent Non‑Executive Director of GlaxoSmithKline Pharmaceuticals Ltd, and as Chairman of Akzo Nobel India Limited (formerly ICI). He is an Independent, Non‑Executive Director of several Temasek‑linked companies including StarHub Limited, SATS Limited, Wildlife Reserves Singapore, DBS Group Holdings Limited and DBS Bank Limited. He is President Commissioner of PT TVS Motor Company Indonesia, a Member of the Private Sector Portfolio Advisory Committee in India for the UK Government’s Department for International Development (DFID), and serves on the Advisory Board of Bain and Company for South East Asia/Indonesia. He was cited in HM Queen Elizabeth II's 2004 New Year Honours List in the UK and has been made a Commander of the Order of the British Empire (CBE) for services to UK business interests and to sustainable development in Indonesia. Nihal is a member of the Audit and Compliance Committee; and Corporate Responsibility and Sustainability Committee.
Yap Chee KeongNon-Executive and Independent Director
Yap Chee Keong is Non‑Executive Independent Chairman of CityNet Infrastructure Management Pte. Ltd. (the trustee manager of NetLink Trust) and the Lead Independent Director of Tiger Airways Holdings Ltd. Concurrently, he is a Non‑Executive Independent Director of Citibank Singapore Limited, InterOil Corporation and Certis Cisco Security Pte Ltd, as well as a Non‑Executive Director of Straits Trading and ARA Asset Management Limited. Previously an Executive Director of Straits Trading Limited and the CFO of the Singapore Power Group, Chee Keong also serves as a Board member of the Accounting and Corporate Regulatory Authority and as a member of the Public Accountants Oversight Committee. He holds a Bachelor of Accountancy from the National University of Singapore and is a fellow of the Institute of Singapore Chartered Accountants and Certified Public Accountants Australia. Chee Keong is a member of the Governance and Nomination Committee.
Marie Elaine TeoNon-Executive and Independent Director
Marie Elaine Teo is currently a Senior Advisor and Partner at the Holdingham Group Ltd. Elaine has over 20 years of investment experience, primarily with the Capital Group companies where she focused on Asian banks and global emerging markets, both as an analyst and an investment manager. She was formerly the Chairman of Capital International Research Group and Managing Director of Capital International Inc., Asia. Elaine holds a Bachelor of Arts (Honours) in Experimental Psychology from Oxford University. Elaine is Chairman of the Board Risk Committee; and a member of the Capital Investment Committee; and Corporate Responsibility and Sustainability Committee.
Rachel Eng Yaag NgeeNon-Executive and Independent Director
Rachel Eng is the Deputy Chairman of WongPartnership effective 1 March 2016. She is involved in initial public offerings by companies and REITs on the Singapore Exchange Securities Trading Limited. She also handles corporate advisory and corporate governance work. Rachel graduated from the National University of Singapore in 1991 with Bachelor of Laws (LLB) (Hons) degree. She was called to the Singapore Bar in 1992 and to the Roll of Solicitors of England and Wales in 2001. Rachel also holds a Certified Diploma in Accounting and Finance from the Chartered Association of Certified Accountants (UK). Rachel is an Independent Non-Executive Director of StarHub Ltd. and SPH REIT Management Pte. Ltd., and manager of SPH REIT. She is also a board member of Certis CISCO Security Pte. Ltd., the Public Utilities Board and the Singapore Accountancy Commission. In addition, she sits on the Board of Trustees of Singapore Institute of Technology and the Council of the Singapore Business Federation. Rachel is a member of the Committee on the Future Economy, which is formed by the Singapore government in January 2016 to develop economic strategies to position Singapore well for the future. She is also a Supervisory Committee member of ABF Singapore Bond Index Fund established by the Monetary Authority of Singapore. Rachel sits on the board of the Singapore chapter of the Asia Pacific Real Estate Association (APREA) and the Capital Markets and Financial Advisory Services (CMFAS) Exams Board of the Institute of Banking and Finance. Rachel is a member of the Company’s Audit and Compliance Committee; Governance and Nomination Committee; and Human Resource and Compensation Committee.
Katsuhiro ItoNon-Executive Director
Katsuhiro Ito is a Senior Vice‑President of Mitsubishi Corporation. He has been with the Mitsubishi Group since 1982 and has held senior positions within Mitsubishi in New York, and other central functional roles in Tokyo. Before his current appointment, Ito san was the Senior Vice‑President and Chief Financial Officer of Mitsubishi Corporation Americas from 2012 to 2014. He holds a degree in Economics from the Yokohama National University and has attended the Harvard Business School Advanced Management Programme in Boston in 2011. Ito san is a member of the Audit and Compliance Committee; and Governance and Nomination Committee; and Corporate Responsibility and Sustainability Committee.
Yutaka KyoyaNon-Executive Director
Yutaka Kyoya is a Senior Vice‑President of Mitsubishi Corporation and Chief Operating Officer of the Company’s Living Essential Resources Division. He joined Mitsubishi Corporation in 1984 and has since been engaged in the food business. Kyoya san has held various roles in Mitsubishi Corporation, in Tokyo as well as in its overseas offices, including the USA, Malaysia and Singapore. Prior to his current position, Kyoya san was the Deputy General Manager of Living Essentials Group CEO's Office in 2011 before he was promoted to General Manager of the Global Consumer Business Development Unit in 2012. He holds a degree in Commerce from Waseda University, Tokyo. Kyoya san is a member of the Board Risk Committee; Capital and Investment Committee; and Human Resource and Compensation Committee.
A. ShekharExecutive Director and Group Chief Operating Officer
Shekhar is currently the Executive Director and Group COO, jointly overseeing all aspects of the Company’s global business with the Group CEO. Shekhar joined Olam in 1992. Prior to his current role, he was the Executive Director – Finance and Business Development for the Group. In this role, he led the Company’s overall Strategy and Business Development activities along with responsibility for various functions including the Group’s Finance and Accounts, Treasury and IR, IT and Shared Services, Legal and Corporate Secretarial and Manufacturing and Technical Services. Shekhar has incubated and managed various global businesses for the Group including Edible Nuts, Spices and Vegetable Ingredients and the Packaged Foods. As the Global Head of these businesses, Shekhar has been directly involved in identifying and leading many of the Company’s organic and B A CRS A CRS C CRS olamgroup.com 15 Overview CSR C H inorganic growth initiatives. He has also played a variety of Country Management and Regional roles across Africa, Asia, Russia, South and North America. He holds a graduate degree in Aeronautical Engineering and a postgraduate degree in Business Management. Shekhar has completed the Advanced Management Programme from the Harvard Business School. Shekhar is a member of the Board’s Capital and Investment Committee, and Corporate Responsibility and Sustainability Committee.