Change - Announcement of Cessation::Cessation of Non-Executive Director - Mr. Nihal Vijaya Devadas Kaviratne CBE

Issuer & Securities

Issuer/ Manager
OLAM GROUP LIMITED
Securities
OLAM GROUP LIMITED - SGXE65760014 - VC2
OLAM S$250M5.375% PERPSEC - SGXF39597590 - VT0B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2024 18:03:32
Status
New
Announcement Sub Title
Cessation of Non-Executive Director - Mr. Nihal Vijaya Devadas Kaviratne CBE
Announcement Reference
SG240425OTHRV95X
Submitted By (Co./ Ind. Name)
Michelle Tanya Kwek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Director - Mr. Nihal Vijaya Devadas Kaviratne CBE

Additional Details

Name Of Person
Nihal Vijaya Devadas Kaviratne CBE
Age
81
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Stepping down as part of the Board renewal process after having completed 9 years tenure on the Board.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
15/03/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Chairman of Sustainability Committee
Member of Audit and Risk Committee
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
459,388
Other Directorships
Past (for the last 5 years)
GlaxoSmithKline Pharmaceuticals Ltd, India
DBS Group Holdings Ltd
DBS Bank Ltd
DBS Foundation Ltd
Olam International Limited
Bain & Company, Indonesia
StarHub Ltd
Present
Caraway Pte. Ltd.
Indian Pediatric Hematology Oncology Group
Hematology Cancer Consortium (HCC) of India
SMX (Security Matters) PLC