Bikash Prasad

Bikash Prasad, an experienced President and Group CFO, brings nearly 25 years of expertise in navigating complex business challenges within the Food, Agri, and FMCG sectors across the AMEA region. His approach is characterized by fostering growth, improving financial controls, and aligning with international standards.

In 2021, while in the role of Group Head of Corporate Finance at Olam Group, Bikash Prasad played a significant part in the company's restructuring process. This involved managing the separation and reorganization of Olam Group, a substantial player in the global food and agriculture industry, with operations in over 65 countries and a yearly turnover of around $35 billion. The restructuring created three distinct operating groups, each with its strategic opportunities, such as private placement or listing, aimed at enhancing shareholder value.

During this transition, Olam Agri sought strategic alternatives. In his capacity as Group CFO, Bikash Prasad played a crucial role in facilitating a strategic partnership through a private placement that represented a 35.4% stake, valued at $1.24 billion. This partnership unlocked significant value for Olam Agri's shareholders, marking a key milestone in the company's reorganization and establishing a strong foundation for potential future listings or demergers. This transaction resulted in an equity valuation of $3.5 billion for Olam Agri. Bikash Prasad's core strength lies in efficiently managing critical business and financial transformations, striving for profitable turnarounds with an emphasis on sustainable growth. His commitment to aligning operations with international standards underscores his approach.