Irish-owned agribusiness company, ClonBio Group, recently appointed former Bank of Ireland chief executive, Richie Boucher, as its chairman.
Founder and CEO of ClonBio Group, Mark Turley, commented on the appointment: ”Since joining the Board in 2020, Richie’s insight, experience and commercial rigor is already evident in how we assess capital allocation and investment priorities, not least in our €200m, three-year investment program now underway.”
The company says it continues to progress that program, with it focusing on the development of a variety of bio-based products, led by alternative protein concentrates and isolates for use in human and animal nutrition.
The group's primary operation is Pannonia Bio Zrt, a wholly owned Hungarian subsidiary that manufactures sustainable bioproducts from grain produced by local farmers. These include GMO-free proteins for animal and, increasingly, human nutrition, as well as bioethanol/alcohol, used in an increasing range of industrial applications, in hand sanitizers and as a green biofuel.