Sunny Verghese is the Co-Founder, CEO and Group & Managing Director of Olam International. He co-founded the company in 1989.
Olam International started with one product – trading cashews from Nigeria to India. Today, it operates from seed to shelf in 70 countries, supplying food and raw materials to over 14,000 customers internationally, and it employs 25,000 people.
Sunny leads the company’s strategy, planning, business development and management. His external Directorships include being Chairman of International Enterprise Singapore and the Human Capital Leadership Institute. Sunny is a recipient of the Outstanding CEO of the Year award as well as the Public Service Medal from the Government of Singapore.
“Nowhere is the interconnectedness of food waste, food security and poverty more acute than in developing countries where more than 40 percent of food is lost during harvest, drying, and pre-consumption storage and transport. Working with 4 million smallholders, Olam invests in farmer training and infrastructure such as solar dryers, warehousing and roads, helping farmers to get the full value for their crops. Investment in processing units close to growing regions is also critical, not just for reducing food losses but for job creation and poverty alleviation. The ripple effect of tackling SDG 12.3 is obvious and we encourage more businesses to become Champions.” — Sunny Verghese