Press release
10th Apr, 2026
Olam Group publishes 2025 Annual Report “From Vision to Value” and announces Board and management changes
Singapore
Chairman Lim Ah Doo, Co-Founder, Executive Director and Group CEO Sunny Verghese to step down from Olam Group Limited on conclusion of its 5th AGM on April 27, 2026
Deputy Chairman Yap Chee Keong will assume role as Chairman
Board plans to appoint a Lead Independent Director, with the search for another independent director underway
ofi CEO Shekhar Anantharaman to be appointed as Executive Director on the Board
Management changes, new management structure and executive appointments to support operating groups and execution of Re-organisation Plan
Group CFO N. Muthukumar to step down at the conclusion of the 5th AGM
Venkataraman Krishnan to be appointed as new Group CFO on the same day
Gautam Wadhwa to be appointed as CEO of OGH1 on April 20, 2026
Olam Group Limited (“Olam Group” or “OGL”) has published its 2025 Annual Report entitled “From Vision to Value”, which comprises three comprehensive components – Strategic Report
Press release
6th Apr, 2026
Olam Group announces proposed divestment of Mindsprint to Wipro as part of its Re-organisation Plan
Singapore
Olam Group to divest its IT and digital services business, Mindsprint, to global technology services and consulting company, Wipro, for US$375 million, marking another step forward in its Updated 2025 Re-organisation Plan1.
Awards an eight year strategic transformation deal to Wipro with a committed annual spend of US$100 million.
The combined capabilities of both Mindsprint and Wipro will accelerate Olam Group’s mission-critical programmes, strengthen its core operation and deliver scalable outcomes.
Olam Group Limited (“Olam Group” or the “Company”, together with its subsidiaries “the Group”) today announced that it has entered into a definitive agreement with Wipro Limited (“Wipro”) to sell its 100% stake in Mindsprint Pte. Ltd. (“Mindsprint”) for a cash consideration of US$375 million, subject to closing adjustments (the “Proposed Sale”).
The Proposed Sale is in line with the Group’s Updated 2025 Re-organisation Plan to respons
News
22nd Aug, 2025
Olam Group advances in corporate governance and transparency rankings
We are pleased to receive an improved score of 81.8 in the Singapore Governance and Transparency Index (SGTI) 2025 (2024: 77). The SGTI is a benchmark ranking for Singapore-listed companies and this year its scope of assessment was expanded to incorporate additional sustainability disclosures, including climate reporting. Olam’s score compares with the overall SGTI 2025 score of 70.9 in the general category.
As we continue on our Re-organisation journey to unlock value in Olam for our stakeholders, we will remain true to upholding governance frameworks that support sustainable value creation in line with the evolving expectations of our investors, customers, and communities worldwide.
About the SGTI
The SGTI, jointly conducted by CPA Australia, NUS Business School's Centre for Governance and Sustainability, and the Singapore Institute of Directors, evaluates SGX-listed companies on governance practices and transparency in financial disclosures.