Avi Fintz (above) to replace Greg Harvey as leader of the Singapore-based company.
“These are never easy decisions, but I have been away from my family for seven years now and it’s time to return to Perth,” Harvey said. “My family has sacrificed a lot over the years for my career and it’s time for me to return the gesture. What made this decision right at this time is the confidence I have in the leadership team and, in particular, Avi.”
Fintz joined the Interflour Group in May 2013 when he was appointed group chief strategy officer. He has been responsible for spearheading the group’s strategic and business development functions.
“It makes it a whole lot easier knowing that Interflour is in very capable hands with a leadership team across the region with strong experience and outstanding dedication to our customers and business partners,” Harvey said. “Avi and I will work together, as we have done for many years, to ensure a smooth transition. He has developed a deep understanding of the business and connection with our customers and business partners. As the head of strategy and business development for almost five years, Avi has a strong appreciation for the complexity of our business. I have every confidence in his ability to carry this business forward from strength to strength.”
Imre Mencshelyi, chairman of Interflour Group, said the board has been working with Harvey for some time to enact the company’s leadership succession plan and ensure a smooth transition.
“On behalf of the board, I thank Greg for his service over the last 13 years,” Mencshelyi said. “Under his leadership, Interflour has transformed to become a globally recognized company and one of the leading grain processors in Southeast Asia. Not only has Greg led and inspired from within the Interflour Group, he has made significant contributions to global nutrition efforts through his leadership of the Food Fortification Initiative, focused on alleviating new-born neural tube defects through implementing flour fortification programs.”
Prior to joining Interflour Group, Fintz was head of strategic investments at Ronly and executive director of Special Situations Group at Goldman Sachs where he originated, negotiated and structured investments in excess of $2 billion across a variety of capital structures within several industries including retail, real estate and commodities.
Since joining the Interflour Group, he has successfully led the consolidation of the Interflour Group of companies, joint venture partnership in the Philippines and acquisition of a flour milling company in Indonesia.
Interflour Group, a joint venture between Indonesia’s Salim Group and Western Australia grain grower co-operative CBH Group, was established in 2005 with the acquisition of six flour mills in Indonesia, Malaysia and Vietnam. Since then, the business has doubled the number of facilities, diversified into malt production and extended itself along the supply chain into grain storage and port services, trading, and baking enhancement products.