Niall FitzGerald KBE DSA
Date of Appointment: 9 September 2021
Niall was Chair and CEO of Unilever for 8 years and an executive board director for 18 years. During his 37 years with the company, Niall served as Finance Director, Foods Director and Detergents Director and during his Unilever career he lived and worked in the UK, the Netherlands, Ireland, the US and South Africa. Niall is Chair of The Leverhulme Trust, Chair Hakluyt International Advisory Council and Patron British Irish Chamber of Commerce.
Niall has chaired a broad range of companies and public bodies including Reuters, Brand Learning, British Museum, Nelson Mandela Legacy Trust, International Business Council and the Advertising Association, and has also served on several Boards, including Bank of Ireland, the Foundation Board of the World Economic Forum, International Policy Council for Agriculture and Trade and was President of South Africa’s International Advisory Council.
A. Shekhar
Shekhar was appointed CEO of ofi in January 2020 upon its creation following the reorganization of the Olam Group. Shekhar joined Olam in 1992 and has been an Executive Director and a member of the Group Board since 1998. Shekhar held a variety of roles in the Olam Group, he was previously Group Chief Operating Officer, Executive Director – Finance and Business Development, and prior to this he incubated and managed various global businesses including the Nuts, Spices and Packaged Foods businesses, where he led many of the Company’s organic and inorganic growth initiatives.
Rishi Kalra
Rishi was appointed CFO of ofi in January 2020 upon its creation following the reorganization of the Olam Group. Rishi began his career with Olam in 2000 and during this period has served as CFO India, CFO West Africa, and President and Global Head of Corporate Finance. He is a founding member of the first Circle of Practice in Asia of The Prince of Wales Charitable Project, Accounting for Sustainability (A4S). A4S inspires action by finance leaders to drive a fundamental shift towards resilient business models and a sustainable economy.
Patrick Coveney
Patrick Coveney became CEO of SSP Group plc in March 2022. Prior to this he was CEO of Greencore Group Plc, a position he held since 2005 and during which time he led Greencore’s transformation into an international leader in value-added convenience food. Prior to joining Greencore, Patrick worked for nine years at McKinsey & Company in Europe and North America. Patrick is a Non-Executive Director of Glanbia plc and Chair of Core Media.
Nancy Cruickshank
Nancy started her career in marketing and advertising roles with Conde Nast, before progressing to a range of general management and transformation roles with BSkyB, VideoJug, Telegraph Media Group, Weve, and until 2021 Nancy was the Chief Digital Officer for Carlsberg.Nancy currently serves as a Non-Executive Director on the boards of In The Style Group plc, Oodle Finance Ltd, Allegro EU SA and Flutter Entertainment plc. She was previously a Non-Executive Director at Bango plc, Carlsberg Group A/S, On-Mobile Global Ltd and Telecity Group plc.
Nagi Hamiyeh
Nagi is a Non-Executive Director of Olam Group Limited. He brings more than 28 years of experience in strategy, corporate finance, mergers and acquisitions, growth equity, private equity and public investing in multiple industries across the globe. Nagi is the Joint Head of Temasek’s Investment Group and is concurrently the Head of Portfolio Development. Prior to joining Temasek in 2005, Nagi was a banker with Credit Suisse First Boston’s Energy Group and began his career at Bain and Company.
Penny Hughes
Penny’s executive career in the consumer goods industry led to an extensive portfolio board career which spans retail, media, leisure, technology and financial services in both public and private company boards. Penny is currently Chair of the boards of The Gym Group plc and Riverstone Living Ltd and has served as Chair of Aston Martin Lagonda and Chair of the Remuneration and Sustainability board committees for several large cap companies including Royal Bank of Scotland, WM Morrison, The Gap Inc and Vodafone.
Brian May
Brian’s executive career with Bunzl plc spanned 26 years, including 14 years as Chief Financial Officer, during which period the business underwent significant strategic and operational transformation. Brian is a Non-Executive Director and Audit Committee member for Ferguson plc, a Non-Executive Director, Chair of the Remuneration Committee and Audit Committee member for ConvaTec Group plc, and he previously served on the board of United Utilities Group PLC.
Belinda Richards
Belinda was a senior partner at Deloitte LLP before embarking on her board career which has a particular focus on the consumer products and financial services sectors. Belinda is currently a Non-Executive Director and Audit Committee Chair for both Avast plc and Schroder Japan Growth Fund plc, as well as a Non-Executive Director for Phoenix Group Holdings plc and Monks Investment Trust plc. Belinda has previously served on the boards of WM Morrison, Grainger and Balfour Beatty.
Amanda Sourry
Amanda Sourry spent over 30 years of her executive career working for Unilever plc where she gained extensive global marketing and business experience in consumer packaged goods. Amanda was most recently President of Unilever North America, and previously President Unilever Global Foods. She was a Member of the Unilever Leadership Executive from 2015 to 2020. Amanda is currently a Non-Executive Director of The Kroger Co., Trivium Packaging and PVH Corp where she also Chairs the Compensation Committee.
Sunny Verghese
Sunny is Group CEO of Olam Group Limited and as part of the re-organisation within Olam, he also became CEO of Olam Agri. Sunny founded Olam in 1989 after having been with the Kewalram Chanrai Group (KC Group), prior to which he worked for Unilever in India. From 2018 to 2021 Sunny was Chair of the World Business Council for Sustainable Development (WBCSD), the global, CEO-led organisation dedicated to accelerating the transition to a sustainable world. He previously chaired CitySpring Infrastructure Management Pte Ltd, a listed Business Trust in Singapore and was also a Commissioner of the Business and Sustainable Development Commission (BSDC).
Carole Wainaina
Carole is currently Senior Advisor to the CEO at Africa50, an investment fund set up by African governments and the African Development Bank to help bridge Africa’s infrastructure funding gap. Carole was previously the Chief Operating Officer since 2017. Her previous executive appointments include EVP & Chief HR Officer at Royal Philips Ltd, and at the Coca-Cola Company where Carole held the roles of Chief of Staff for the Chairman & CEO, as well as HR Director for EuroAsia & Africa. In addition, Carole was Assistant Secretary General for Human Resources at the United Nations. Carole is a Non-Executive Director of Helios Towers Plc.
Read ofi news
A new carbon monitoring tool developed by leading food ingredients supplier ofi and Google geo-spatial partner NGIS, has been recognized in the “Net-Zero Innovation of the Year” category at this year’s Edie awards, which celebrate sustainability leadership.
The tool is designed to measure carbon gains and losses across supply chains. It uses satellite imagery and machine learning to track changes in forest cover and carbon stocks at a granular level - down to the individual farm1. This data is helping ofi to identify areas at risk of deforestation and prioritize conservation efforts on cashew, cocoa and coffee suppliers’ farms and in sourcing landscapes.
Climate Action Manager at ofi, Dr Pedro Lafargue said: “We are delighted to be recognized for our innovative solution that is helping us monitor and measure GHG emissions and progress towards net-zero goals. Part of this is about driving transformational change in strategic landscapes which means keeping growing and retaining more trees on and around farms.
“Planting more trees is one of the ways to move towards net-zero, but carbon sequestration potential is highly dependent on tree species and farm typology. The tool allows us to assess the optimum level of planting for different farmers and farms so we can create more efficient agroforestry programs that maximize both yields and carbon storage.”
ofi’s customers, who are some of the world’s largest food retailers and manufacturers, can access results of the data-driven sequestration efforts in their joint supply chains via performance metrics on ofi’s sustainability management system AtSource. These insights can help them monitor and reduce their climate risk and meet science-based targets, as well as prepare for compliance with new EU rules and disclosures in relation to nature and climate risks.
The move by ofi to take carbon stock monitoring from a manual, desktop-based process to an integrated pipeline which leverages cloud computing, is allowing ofi to progressively scale this analysis across multiple commodities and regions – covering over 950,000 farms so far.
But Lafargue says that there’s a role for industry partners to play to scale up the innovation and progress towards net-zero at scale: “While the tool can help our customers quantify the ecosystem services provided to supply their ingredients and invest efficiently in better farming systems, we need them to recognize the efforts made by farmers to plant trees and maintain agroforestry systems with financial incentives, like annual premiums, to scale up these efforts over the long-term.”
Looking ahead, there is potential to take the tool beyond ofi supply chains to quantify carbon stocks and removals across entire production landscapes to provide better data for the industry on land use change and carbon removals.
ofi was also a finalist in the Circular Economy of the Year award for using residual cocoa shells to fuel its cocoa factories2, where it produces its premium cocoa ingredients deZaan. The circular biomass boilers will reduce natural gas usage and CO2 emissions at ofi’s Koog aan deZaan facility in the Netherlands by 50% and in Mannheim, Germany, where it is believed to be the first cocoa shell boiler of its kind in the country, it will save approximately 8,000 tons of CO2 annually.
Discover much more about what ofi has to offer at ofi.com
Notes to Editors
1 The Carbon Sequestration Monitoring Tool combines data from ofi polygon-mapped farms and satellite data with machine learning techniques to build models in Google Earth Engine that calculate the total aboveground biomass (AGB) - vegetation above the soil, such as stumps, trees, and foliage and how much carbon is present in each plot.
Come connect with ofi at our booth at Natural Products Expo West 2024, the leading trade show in the natural, organic, and healthy products industry. Stop by to discover our portfolio of nutritious and delicious ingredients and learn more about how we drive sustainability impact through collaboration and work directly with customers to create new recipes and better products.
This year our theme is Flavor Fusion where you can see if you are sweet or spicy as you explore our ingredients through creating your own trail mix. We’ll be featuring a variety of ofi ingredients from our spices, nuts, and cocoa portfolios along with highlighting some of our capabilities.
Visit us from March 14-16, at Booth #3887, Hall D at the Anaheim Convention Center in Anaheim, CA.
Author | Madeline Bills | Cocoa Innovation Manager at ofi
Chocolate has long been synonymous with Valentine’s Day, with sweet treats a classic way to celebrate the season of love.
But Valentine’s Day is evolving, with Gen Z and Millennials redefining traditions. Many consumers are choosing to celebrate this day with friends and family members, as well as significant others. In 2023, 40% of Gen Z and 20% of Millennials said they were planning to buy their friends a Valentine’s gift.[1] And what better way to do so than with cocoa?
As consumers change the way they celebrate Valentine’s Day – and who they celebrate with – there is an opportunity for manufacturers to develop new products. From introducing more exotic flavors in confectionery to creating more experiential formats and expanding into new categories, we’re seeing companies inventing new ways for consumers to celebrate the season of love with those who matter most to them. At ofi we explore the top chocolate, confectionery and bakery trends shaping Valentine’s Day 2024 and how manufacturers can develop new offerings to win the hearts of consumers.
[1] Actually, Lots of Gen Z Would Rather Spend Valentine’s Day with Their Friends - YPulse
Want to talk?
We’d love to hear from you. Get in touch today.
