Agribusiness group Archer Daniels Midland has made two senior appointments within its South American business. 

Valmor Schaffer has been appointed as president of ADM South America, while John Grossmann will serve as vice president for its South American oilseeds division.

Schaffer will coordinate growth activity across all ADM business lines in the region and manage ADM's oilseed business in Brazil, the company said. Having joined ADM's Brazilian grain origination operations in 1999, he served as ADM Paraguay, and also as general manager of the ADM-SAO joint venture in Bolivia.

Grossmann who is expected to lead ADM's South American oilseeds business excluding operations in Brazil, will report to Schaffer. He has been with the company 13 years and most recently served as president of ADM Paraguay.

"We believe our South American origination, processing and export businesses, which are vital to ADM's overall growth strategy, will benefit from the expertise and experience of Valmor and John," ADM COO Juan Luciano said yesterday (13 September).

"With their direction and extensive management backgrounds, ADM will continue to demonstrate the kind of outstanding performance we have achieved in this region in recent years."