Press Release

    ofi’s nuts team recognized for industry excellence and innovation at INC Congress

    Press release

    ofi’s nuts team was awarded the Corporate Golden Nut Award, by the International Nut and Dried Fruit Council (INC) Congress. The Golden Nut Award is the top international recognition of excellence in the nuts industry. The team also received the Innovation Award for Cashew Nut Oil Dipping Sauces & Dressings, which use minimally processed cashew oil to address consumer interest in the plant-based market.

    Ashok Krishen, managing director and CEO, nuts, ofi said:

    “We pride ourselves in providing nutritious, high-quality nuts and nut ingredients to customers around the globe. With such a breadth of nuts experience, we understand the great impact we can have across the value chain from plant to plate, and as a result, have set public sustainability targets across our nuts business. Our purpose at ofi is to be the change for good food and a healthy future, and I’m honored to receive the Golden Nut Award on behalf of ofi’s nuts team.” 


    Held at the INC Congress in Dubai, the Golden Nut award was presented to Olam Group CEO Sunny Verghese. The Congress is the world's largest gathering of leadership in the nuts and fruit industry. The meeting explores the state of the market, sustainability seminars, and key trends, as well as roundtables for each nut and dried fruit.

    Experts from ofi spoke at the following sessions: 

    • Sunny Verghese, Group CEO of Olam Group, gave a keynote speech on ways we can successfully and sustainably improve the food and agricultural system.

    • Krishen served on the panel titled, “Matching Supply Chain To Production And Consumption Trends: Looking Into The Future.”

    • Anupam Jindel, Country Head Turkey, Global Head Hazelnuts & Sesame chaired the Hazelnuts round table.

    • Ümit Ergin, Vice President - Product Line Manager & Head of Sales Cashews participated in the Cashews round table.

    ofi is a leading global provider of nuts, as the top cashew ingredients provider in sourcing & processing; the top hazelnut originator, processor & ingredient player; as well as the top almond grower. In  2021, ofi’s cashew and hazelnut businesses set 2030 sustainability targets to improve livelihoods, communities and landscapes in line with the United Nation’s Sustainable Development Goals, with plans to expand commitments across its almond business in 2022.

    About ofi

    ofi (olam food ingredients) is a new operating group born out of Olam. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of industry-leading businesses of cocoa, coffee, dairy, nuts, and spices. ofi has built a unique global value chain presence including its own farming operations, farm-gate origination, and manufacturing facilities. ofi partners with customers, leveraging its complementary and differentiated portfolio of ‘on-trend’ food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable. To subscribe to the ofi newsroom, please visit (privacy statement here). If you do not wish to receive information from ofi please contact Follow @ofi-group on LinkedIn.


    About Olam

    Olam is a leading food and agri-business supplying food, ingredients, feed and fiber to 17,300 customers worldwide. Its value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers. Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalization on SGX-ST. Since June 2020, Olam has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds. More information on Olam can be found at To subscribe to the Olam Newsroom please visit and read the Privacy statement here. If you do not wish to receive information from Olam, please contact

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