US agribusiness Archer Daniels Midland (ADM) has announced that Douglas R. Ostermann has been appointed regional treasurer-Europe.

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In addition to managing ADM’s cash management, foreign exchange and payment processing, Ostermann will also lead the coordination of ADM’s capital planning and funding in Europe, including the support of ADM’s business development efforts in the region. He will be based in Hamburg, Germany.


Ostermann joined the ADM Corporate Finance department as director – foreign exchange in June 2004.


ADM is one of the world’s largest processors of soybeans, corn, wheat and cocoa. It also produces soy meal and oil, ethanol, corn sweeteners and flour, and value-added food and feed ingredients.

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