Olam CEO identifies six challenges

THE chief executive officer of Olam International has identified six developmental challenges which industry stakeholders, including Olam, have to address this century.

Sunny Verghese, also the group managing director of the commodity firm, listed them as: food security, water security, climate change, energy security, building a fresh paradigm of sustainable and profitable growth and finding inclusive growth that reduces inequality.

Writing in a blog entry marking Olam's 25th anniversary, he said that these six challenges are often looked at by policymakers, governments, think-tanks and companies in silos instead of in concert so that integrated solutions can be found for them.