Wilmar International appoints Juan Ricardo Luciano as Director

The company is interested in his extensive leadership experience in a diversified multinational chemical corporation and in a global agribusiness company.

The Board of Wilmar International Limited has considered and accepted the recommendation of the Nominating Committee to appoint Mr Juan Ricardo Luciano (a nominee of Archer Daniels Midland Company ("ADM"), which is a substantial shareholder of Wilmar) as a Non-Executive (Non-Independent) Director of the Company to replace Mr John Daniel Rice, a nominee of ADM, who has resigned as a Director of Wilmar. 

The Board is pleased to welcome Mr Luciano, who, with his extensive leadership experience in a diversified multinational chemical corporation and in a global agribusiness company, will complement the competencies and skills of the present Wilmar Board. Mr Luciano will also be able to provide valuable insight into the agribusiness industry and contribute to the Board's deliberations.

Mr Luciano, 50, has been the Executive Vice President and Chief Operating Officer of ADM since April 2011. Prior to his appointment with ADM, he was the Executive Vice President of The Dow Chemical Company’s Performance Division.