United Cacao Ltd CEZC (LON:CHOC) CEO Dennis Melka talks to DirectorsTalk about the appointment of Graeme Brown to the board. Mr Brown has extensive experience in the plantation industry having founded and run several large-scale agricultural enterprises.
Dennis Melka, Chairman and Chief Executive Officer, commented: “Mr Brown strengthens the board as a director through his more than 20 years of operational experience and extensive strategic relationships across the plantation sector in Southeast Asia. The cacao market is fundamentally being driven by rising Asian demand and some of the world’s largest agricultural enterprises are based in Southeast Asia. Furthermore, Mr Brown complements the board’s strengths and positions the business well for the future.
It is our intention to continue to strengthen the Board of Directors over the coming months and we look forward to updating shareholders in due course.”
Graeme Iain Brown commented: “United Cacao has accomplished unprecedented achievements in the cacao sector since its admission to AIM and I am honoured to join this rapidly growing company. Peru offers excellent conditions, in particular freehold land, for plantation companies and a superb growing environment. I expect the general plantation industry, largely based in Southeast Asia, to take increased interest in this region in the years ahead.”
