Saudi Agricultural and Livestock Investment Company (SALIC) announced that Matthew Jansen, a former Archer Daniels Midland executive, is being appointed Chief Executive Officer.
Khaled Al-Aboodi, the Managing Director of SALIC, said: “We are pleased to welcome Matt. His experience will be essential as we build SALIC’s portfolio of sustainable agricultural investments across multiple geographic areas.”
“I am excited and honored to join such a dynamic organization, and I look forward to working closely with the Board and the SALIC management team as we execute the global strategy,” said Mr. Jansen.
Mr. Matthew Jansen brings nearly 30 years of experience in global agri-business, serving most recently as CEO of COFCO International.
Prior to leading COFCO, he served in a series of increasingly senior positions with ADM, ranging from Sr. Vice-President and President, ADM Global Oilseeds and Chief Risk Officer to President, ADM Grain Group.
Saudi Agricultural and Livestock Investment Company was established by Royal Decree as a joint stock company owned by the Public Investment Fund of the Kingdom of Saudi Arabia. Its statutes state that its activity is in the field of investments in agricultural and livestock production in countries that have a competitive advantage in contributing to the production of selected food goods and their availability for export markets.