BEIJING, CHINA – COFCO International recently announced the appointment of Gonzalo Ramirez Martiarena to its board of directors as non-executive director. His appointment is effective immediately.

Ramirez succeeds Serge Schoen, who served on the board for six years.

Ramirez was chief executive officer of Louis Dreyfus Company until 2018 and started his career at Nidera, which was later acquired by COFCO International, in Argentina. He is currently CEO of an investment firm he founded in 2020 with a focus on sustainable food and agriculture production startups.

He will also be chairman of the COFCO International risk, control and compliance committee, and member of the nomination and remuneration committee.

COFCO is one of the world’s largest food and agriculture company’s and is a leader in the global grains, oilseeds, sugar, coffee and cotton supply chains, with assets across the Americas, Europe and Asia-Pacific. The company trades with over 50 nations, while providing farmers direct access to the growing Chinese market.

In 2022, COFCO International sales volumes to third parties reached 127 million tonnes of commodities, achieving revenues of $53.3 billion.