Olam restructuring into 3 business units to unlock value, says co-founder

Mr Sunny Verghese is restructuring the company into three distinct businesses as demand increases and prices grow more volatile.
Mr Sunny Verghese is restructuring the company into three distinct businesses as demand increases and prices grow more volatile.PHOTO: BT FILE

Olam International co-founder Sunny Verghese grew his company from a humble cashew nut trader into a global agricultural business supplying multinationals such as Nestle and Unilever, so the next transformation is hardly going to faze him.

Mr Verghese, also the group's chief executive, is restructuring the company into three distinct businesses as demand increases and prices grow more volatile.

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