IOI Group, a global leader in the palm oil market, is pleased to announce
the following changes within the IOI Loders Croklaan senior management team.
The Managing Board of IOI Loders Croklaan Group has recently appointed
Julian Veitch as its Chief Executive Officer and Vincent Geerts as Group Chief
Financial Officer. Also, effective July 1, 2012 Michael van Sallandt will
assume the position of Chief Operating Officer (COO) for IOI Loders Croklaan
Asia and the present COO for IOI Loders Croklaan Asia, U.R. Sahasranamam, will
assume the position of Senior Group Director of Special Projects.
Mr. Veitch has been serving in the role of COO, Americas Region since
January 2006 and will continue in that role until a successor is named. Mr.
Geerts has functioned as the Financial Controller for IOI Loders Croklaan
Europe from October 2009 to present. Prior to joining IOI Loders Croklaan
Asia, Mr. Sallandt served as COO for IOI Loders Croklaan Europe from August
2006 until September 2009. Both Mr. Sallandt and Mr. Geerts will report
directly to Mr. Veitch.
"The Managing Board is confident that these changes within our senior
management structure will expand the successes across the entire IOI Loders
Croklaan enterprise. With a focus on innovation, operational excellence, and
world-class customer service, IOI Loders Croklaan is well positioned to manage
the prevailing challenges of today's market," commented IOI Group Executive
Director Dato' Lee Yeow Chor.
About IOI Loders Croklaan
IOI Loders Croklaan is a leading global supplier of commodity and specialty
oils and fats, offering the food industry an unprecedented combination of
lipids knowledge and application expertise to respond to their specific needs
through operational excellence, vertical integration and technical leadership.
IOI Loders Croklaan has manufacturing facilities in the Netherlands, North
America and in Malaysia with a combined production capacity of around
1,600,000MT per year serving customers in 65 countries worldwide.
SOURCE: IOI Group
CONTACT: Kevin Miller, Marketing Communications Manager of IOI Loders
Croklaan Americas, +1-815-730-5393, Kevin.Miller@croklaan.com