Olam International Limited (“Olam”) today announces that Niall FitzGerald has been appointed as the Chair of the Board of Directors for its operating group, olam food ingredients (“ofi”), effective 9 September 2021. ofi was created in early 2020 following the announcement of the re-organisation of Olam to unlock and maximise its long-term value. ofi intends to seek a primary listing on the premium segment of the London Stock Exchange, and a concurrent secondary listing in Singapore in H1 2022.
Niall is a widely respected and experienced business leader. His executive career with Unilever spanned 37 years, including 18 years as an executive board member, during which period he served as Finance Director, Foods Director and Detergents Director until his appointment as Chair and CEO in 1996; a position he held for 8 years until 2004.
Niall has chaired a broad range of companies and public bodies including Reuters, Hakluyt, Brand Learning, British Museum, Nelson Mandela Legacy Trust, International Business Council and the Advertising Association. He has also served on several Boards, including Bank of Ireland, Ericsson, Merck, Prudential Corp, 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. His current engagements include Chair of The Leverhulme Trust, Chair Hakluyt International Advisory Council and Patron British Irish Chamber of Commerce.