World Grain - December 2022 - 10

NEWS REVIEW
Cargill promotes Sikes to president, CEO
Sikes
WAYZATA, MINNESOTA, US - Brian
Sikes will become president and chief
executive officer of Cargill on Jan. 1,
2023. He will replace Dave MacLennan,
who will become executive chair of the
board.
Sikes has been with the company for
31 years and currently serves as Cargill's
chief operating officer. He has held leadership roles in the
United States, Canada and Europe, and served as the head of
ADM forms grain handling JV in Pakistan
CHICAGO, ILLINOIS, US - ADM has partnered with
Toronto, Canada-based IMGS Group to establish a joint venture
that will handle grains, oilseeds, feedstuffs and pulses in
Pakistan. IMGS is a cargo handling and port operations company
that operates cargo terminals in Asia, Africa and North
America and has a growing network of 65 ports globally. The
company has a long history of discharging cargo in Pakistan.
UK invests in Ghana rice production
ACCRA, GHANA - The government of the United
Kingdom is investing £450,000 (US$516,417) in the
Economic Community of West African States (ECOWAS)
Rice Observatory to reduce dependency on imported rice,
ease food insecurity, support trade and create jobs.
In Ghana, COVID-19 and Russia's invasion of Ukraine on
Feb. 24 have exacerbated the challenges of climate change,
including energy, financial and food security, the British
High Commission Accra said. The UK, Ghana, ECOWAS
Finland aids grain shipments to Africa
HELSINKI, FINLAND - Finland will support the grain shipments
of the United Nations World Food Programme (WFP)
from Ukraine to Somalia through increased assistance to the
Horn of Africa, where more than 20 million people need food
aid, Finland's Ministry of Foreign Affairs announced Nov. 8.
Finland is allocating 15.7 million euros (US$16.03 million)
in humanitarian assistance to the region. From that sum,
nearly 7 million euros (US$7.87 million) will be channeled
the company's talent center of expertise. Sikes will be the 10th
CEO in Cargill's 157-year history.
MacLennan was named chairman and CEO of Cargill in
2013. He was instrumental in facilitating some of Cargill's
largest acquisitions, including Croda (bio-industrials), EWOS
(aquaculture), Diamond V (animal nutrition), and Sanderson
and Wayne Farms (poultry), according to the company.
In his new role as executive chair of the board, MacLennan
will be tasked with ensuring a smooth leadership transition
and serve as an adviser to Sikes.
" The launch of the new joint venture in Pakistan is an exciting
opportunity to combine resources and experience in order to
move large volumes of food and agricultural products from areas
of production to areas of demand, " said Jerome Daven, finance
director for global trade at ADM. " The partnership strengthens
our ability to keep product flowing in dynamic, challenging global
conditions. "
and many other partners are working together to ensure that
Ghana is playing its role in the West Africa region to produce
more rice, facilitate trade and reduce costs to the consumer.
Through the Africa Food Trade and Resilience program,
the UK government alongside partners are investing in the
establishment of the ECOWAS Rice Observatory and its national
chapter, known as the Ghana Competitive Africa Rice
Platform. It will identify and encourage reforms to increase
investment into the ECOWAS rice value chain.
through the WFP to help facilitate the transport of Ukrainian
grain to Somalia.
Finland's humanitarian assistance is delivered by the UN
Refugee Agency, the Finnish Red Cross and the International
Committee of the Red Cross. The focus of the assistance is
food security, but it also is used to help refugees. The Horn of
Africa is a major junction of migration, and large numbers of
people move back and forth within the region.
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10
December 2022 / World Grain / www.World-Grain.com
Photo courtesy of Cargill

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World Grain - December 2022

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