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Press Releases of Friday, 29 January 2021

Source: We-Watatawa Olam Team

Top Employers Institute recognises Olam International for excellence in HR

Olam International is a major food and agri-business company, operating in 60 countries. Olam International is a major food and agri-business company, operating in 60 countries.

Olam International (Olam), the global food and agri-business, has been
recognised by the Top Employers Institute for the first time in 2021 for its
excellence in HR practices for the Africa region. The Company’s operations in Cote d’Ívoire, Ghana, Nigeria, South Africa, as well as the Netherlands, have also separately been awarded for their HR best practices.

The auditing survey from the Top Employers Institute highlighted Olam as excelling in each of the assessment categories, which included people strategy, organisation and change, career, digital HR, work environment, employer branding, talent acquisition and onboarding, performance management, learning, wellbeing, rewards and recognition, diversity and
inclusion, and sustainability.

Jaideep Biswas, Regional Head of Human Resources, Africa, Olam International
Limited, said, “People are critical to our business growth and success, and we are delighted to be recognised for our focus on attracting and developing talent across our operations in Africa. A key priority has been ensuring that we keep our people engaged by ensuring the work they do is enriching and inspiring. The recognition by the Top Employers Institute
demonstrates the effectiveness of our approach to caring for our employees’ wellbeing and overall career aspirations.”

Over the past three decades, Olam has grown to become one of the largest employers in Africa with a strong emphasis on best-in-class talent practices to engage a strong and diverse talent pool to support its business operations. These certifications demonstrate Olam’s ongoing commitment to identify, attract, develop and retain skilled talent at scale using innovative approaches tailored to each country’s specific needs.

This year, the awards were presented at a virtual ceremony and brought together HR leaders and their peers to connect, inspire, and celebrate a better world of work. 221 organisations spanning 32 African countries have been named Top Employers 2021 in Africa for their outstanding HR strategies and people practices.

Top Employers Institute is the global authority on recognising excellence in people practices. To be eligible, the company must have at least 250 local or 2,500 employees globally as well as advanced HR practices. A certification programme that enables organisations to assess and improve the workplace environment.

David Plink, CEO of Top Employers Institute, remarked, "In addition to the adverse impacts on global health systems and economies, businesses faced the significant hurdle of supporting their people in adapting to new ways of work. In our research, we were glad to see that Africa’s Top Employers put their employees first from the outset of the global health crisis. They responded and adapted quickly to the ever-changing situation.

He added that despite the challenges, it was business as usual and Top Employers were held to the same high standards as with every previous year. "We also saw great opportunities and positive changes, including an increased focus on well-being, a greater need for work-life balance, and a reduction in time spent commuting,” said Plink.

Olam has operations in 21 countries across Africa with over 19,000 full-time employees working across its food and agri-business operations.

About Olam International Limited

Olam International is a leading food and agri-business supplying food, ingredients, feed, and fibre to 25,200 customers worldwide. Our 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.
Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.