Corporate Governance 2018-02-22T21:12:38+00:00

Corporate Governance

Environmental and Social Impact Assessment

AWBA Group hears and understand the concerns of the villagers of Hmawbi Township and is therefore committed to ensuring our plant – Hmawbi Agriculture Input Complex (HAIC) – are in line with international health, safety and environment standards.

To this end, we engaged a third-party to conduct an Environmental and Social Impact Assessment (ESIA) based on the Environmental Laws of 2003.

After revised environmental regulations were put in place by the Ministry of Environment in December 2015, we conducted a new ESIA with the guidance of the International Finance Corporation (IFC). This latest assessment is complete and submitted to the Myanmar Investment Commission and the Ministry of Natural Resources and Environment.

VIEW ESIA REPORT

Our distinguished Board of Directors, and Executive Committee take the lead in ensuring the Group remains true to its values and beliefs as it serves the farmers of Myanmar.

Board of Directors

U Thadoe Hein Chairman and Group Chief Executive Officer

U Thadoe Hein is a founding member of international organization YPO’s Yangon Chapter, and currently leads multiple associations in Myanmar. He founded Myanma Awba in 1995 and holds a B.Sc in Science and a Master’s in Business Administration from Yangon University.

Yeo Joo Hua Chief Operations Officer and Head of Supply Chain

With over 20 years of experience in the agricultural industry, Yeo Joo Hua has been a key effector of change in Myanma Awba, including his reformation of the sales operations. He also oversees the establishment of new agrochemical plants, supply chain activities, and new product formulations.

Rajesh Malholtra Group Chief Financial Officer

Rajesh Malholtra is Myanma Awba’s resident expert in corporate finance, with over 25 years of experiences in many industries. He wears multiple hats, overseeing a wide range of departments that include Finance and Accounts Management, Human Resources, Investor Relations, and Corporate Governance.

Martin Weiss Group Chief Agronomist

Martin Weiss is a veteran of the agrochemical industry with over 30 years of experience under his belt. Having served in many management roles internationally under Syngenta, Martin possesses a robust set of skills in agronomy, marketing and the technical aspects of the industry. He is also the director of multiple dairy farms.

Executive Commitee

U Aung Swe Head of Corporate Affairs

With 32 years in senior and field positions for the Myanmar government, United Nations and the private sector, U Aung Swe is a results-oriented manager with experience in Project Management and Operations. Today, he specializes in agricultural development and plant protection.

Choi Jin Young Head of Business Development

A Korean native, Choi Jin Young has worked in business and Human Resource development for over 15 years in the USA, Singapore Korea, and Myanmar. Jin Young now oversees business development in Myanmar’s farming community.

Matteo Marinelli Chief Executive Officer, Maha Agriculture Microfinance

Matteo Marinelli’s background in microfinance, MSME, and mass market banking serves him well in his role with Maha Agriculture Microfinance. He has lived and worked for over a decade in Asia, and boasts a proven track record in debt, equity, and greenfield financial investments in emerging markets like the Middle East, North Africa and South Asia.

U Ko Ko Chief Operating Officer

A longtime employee of Myanma Awba, U Ko Ko is responsible for marketing & sales, technical marketing, market communications, and the customer service team. He holds a bachelor’s in agriculture from Yezin Agriculture University.

Cho Win Hlaing Managing Director MSCN

Cho Win Hlaing oversees Myanma Awba’s subsidiary brand, Myanma Sanpya Crop Nutrition Company. He hails from a varied background of agricultural research, agronomy, human resource management, and marketing. Cho Win Hlaing holds a bachelor’s in agriculture.

U Min Lwin Si Managing Director Piti Pyae Sone Manufacturing and Logistics

U Min Lwin Si has had over two decades of experience in logistics and agrochemical manufacturing, including a decade with Myanmar Pharmaceutical Factory. Today he is in charge of the imports, logistics, production and quality control of pesticides for all Myanma Awba business units.

U Soe Than Managing Director Ayeyarwaddy Seeds Co., Ltd.

U Soe Than manages Ayeyarwaddy Seeds Co. Ltd, a subsidiary of Myanma Awba. With 15 years’ experience in trading seeds within Myanmar under his belt, Soe Than is responsible for exploring and marketing Myanmar’s seed industry. He holds a bachelor’s in agriculture from Yezin Agricultural University.

Than Tint Managing Director Fertilizer Business Unit

Than Tint manages the business supply chain for Myanma Awba’s fertilisers, bringing over 16 years of experience in fertilizer industries and agrochemical sales to bear on the Fertiliser Business Unit of Myanma Awba. Than Tint also holds a bachelor’s in agriculture from the Institute of Agriculture.

U Thaung Htike Managing Director Maha Agriculture Microfinance

U Thaung Htike spearheads the development of Maha Agriculture Microfinance. His experience spans a total of over 20 years in Microfinanace, and FMCG sales & marketing. He holds a Master’s in Business Administration, and a second Masters in Banking and Finance.

Yupar Myint Merriam Overseas Procurement Manager

Yupar Myaint Merriam handles purchase requests for goods and services procurement for Myanma Awba’s teams. She has eight years of experience in the procurement field and holds a degree in Business Administration with an emphasis on International Business from Webster University Thailand.

Dr. Chaw Witt Yee Group Quality Assurance General Manager

Dr. Chaw Witt Yee is an accomplished science researcher who handles Myanma Awba’s Quality Assurance and Quality Control of all materials and foods. She also heads Research and Development of present new product formulations and oversees laboratory management and operation.

Daw Nandar Myat Oo Group Chief Accountant

Daw Nandar Myat Oo oversees accountancy for the group’s finances. She has over a decade of experience in the field of accountancy, including nine years in Myanma Awba. She holds a bachelor’s in commerce from the Yangon Institute of Economics.

Our policies

Good corporate governance is a fundamental part to the running of Myanma Awba Group.

  • Anti Bribery and Anti Corruption

The Group does not tolerate any form of bribery or corruption and has procedures in place to prevent bribery and corruption by any individual of the organisation.

  • Code of Ethics

We operate with specific values and principles, and which remain constant regardless of country and culture. These values and principles are based on respect: for our work, for our profession and for the people with whom we work – our colleagues, clients, suppliers and business partners.

  • Diversity and fair employment practices

Awba, as a multicultural company, recognizes the power, wealth, talent and energy generated by people of diverse backgrounds, education and experience working towards a common goal.

  • Sustainable Development

Through our activities, we contribute to the economic and social well-being of a whole range of other stockholders, and the local communities in which we operate. More widely we make an impact on regional, national and international development.

  • Corporate Social Responsibility

We are committed to supporting charities and funds that are devoted to the prevention and cure of disease, and to the promotion of health in Myanmar.

  • Environmental and Sustainability Policy

In line with International Finance Corporation’s (IFC) Performance Standards, the Group is required to safeguard the environment by incorporating environmental and social considerations into business strategy.

Milestones

2014

  • Exclusive collaboration with renowned tractor manufacturer TAFE to distribute tractors and machinery to our farmers with long-term credit payment schemes.

2012

  • Creation of Maha Awba Microfinance to provide farmers with much-needed financial support.

2010

  • Establishment of Myanmar’s first compound fertilizer plant with steam granulation technology and privately-owned pesticide and fertilizer laboratory with Gas Chromatography (GS) capabilities.

2008

  • Became the first company in Myanmar to produce Carbofuran and Chlorpyrifos Granules after installing our own granulation plant.

2007

  • Founding of Myanmar Pesticides Industry, the first and only privately-owned pesticides formulation plant in Myanmar.
  • Implementation of PET bottling in-house for pesticide packaging.

2005

  • Introduction of Nitrophoska, world-renowned brand complex fertilizers from Fertiva, Germany.
  • Development of Yangon Citrus farm, the first-ever commercial scale lowland citrus farm in Yangon with sophisticated water management system.

2003

  • Founding of Ayeyarwaddy Seeds to import and distribute quality hybrid seeds.

2000

  • Setup of new repackaging plant in Yangon Industrial Zone.
  • Expansion of research team to 50 agronomists.
  • Growth of distribution network with over 50 dealers nationwide.

1998

  • Launch of compound fertilizers.
  • Achieving landmark US$1m sales for crop protection products
  • Formation of Research and Development team with 5 agronomists.

2014

  • Exclusive collaboration with renowned tractor manufacturer TAFE to distribute tractors and machinery to our farmers with long-term credit payment schemes.

2012

  • Creation of Maha Awba Microfinance to provide farmers with much-needed financial support.

2010

  • Establishment of Myanmar’s first compound fertilizer plant with steam granulation technology and privately-owned pesticide and fertilizer laboratory with Gas Chromatography (GS) capabilities.

2008

  • Became the first company in Myanmar to produce Carbofuran and Chlorpyrifos Granules after installing our own granulation plant.

2007

  • Founding of Myanmar Pesticides Industry, the first and only privately-owned pesticides formulation plant in Myanmar.
  • Implementation of PET bottling in-house for pesticide packaging.

2005

  • Introduction of Nitrophoska, world-renowned brand complex fertilizers from Fertiva, Germany.
  • Development of Yangon Citrus farm, the first-ever commercial scale lowland citrus farm in Yangon with sophisticated water management system.

2003

  • Founding of Ayeyarwaddy Seeds to import and distribute quality hybrid seeds.

2000

  • Setup of new repackaging plant in Yangon Industrial Zone.
  • Expansion of research team to 50 agronomists.
  • Growth of distribution network with over 50 dealers nationwide.

1998

  • Launch of compound fertilizers.
  • Achieving landmark US$1m sales for crop protection products
  • Formation of Research and Development team with 5 agronomists.

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