TerraVanta AgriServices Business Plan — Management, Governance & Organisation

Section 9 · 10 of 24

Management, Governance & Organisation

Executing a seven-division, multi-country platform demands deep sector expertise and disciplined governance. The Group will be led by an experienced executive team, overseen by an independent-majority board with committees appropriate to a development-finance-backed, potentially listable entity.

9.1 Executive leadership

Role

Primary mandate

Group Chief Executive Officer

Group strategy, capital allocation, stakeholder and DFI relationships

Chief Financial Officer

Capital structure, treasury, reporting, investor relations

Chief Operating Officer

Cross-divisional operations, rollout execution, procurement

Head of Grain Infrastructure

Silo, depot and handling network development and utilisation

Head of Agricultural Finance

Credit strategy, wholesale funding, portfolio risk

Head of Mechanisation

Dealership network, servicing, precision-ag equipment

Head of Commodity Trading

Trading, aggregation, price-risk management

Chief Risk Officer

Enterprise risk, compliance, covenant and ESG oversight

9.2 Governance framework

  • Independent-majority board with Audit & Risk, Credit, Investment and Social & Ethics committees.
  • Ring-fenced governance for the finance division, with a dedicated credit committee and wholesale-funder reporting.
  • IFRS reporting, Big-Four audit, and DFI-grade ESG and safeguards frameworks from inception.
  • Delegated-authority matrix and treasury policy governing drawdowns, hedging and covenant compliance.

NoteTeam is a condition precedent

As a greenfield entity, TerraVanta’s execution risk is concentrated in people. Securing named, credible sector operators, particularly in grain infrastructure and agri-credit, should be treated by investors as a condition precedent to first drawdown.

9.3 Organisational build & headcount

Headcount scales with the asset base rather than ahead of it. A lean corporate centre is stood up at close to run capital, treasury, risk and the digital platform; divisional and field teams then build in step with silo, dealership, store and mill commissioning. The indicative shape below underpins the operating-expense assumptions in the financial model.

Function

Y1

Y3

Y5 (indicative)

Corporate centre (exec, finance, risk, IT)

~60

~110

~160

Grain, storage & logistics operations

~120

~520

~900

Retail, equipment & feed operations

~90

~430

~780

Agricultural finance & credit

~30

~120

~210

Approximate total headcount

~300

~1,180

~2,050

NOTE — Headcount is indicative, not a fixed commitment

These figures illustrate the organisational shape implied by the rollout and are consistent with the operating-cost envelope in the model. Actual staffing will flex with commissioning pace, automation levels and the balance between owned and contracted logistics.

9.4 Strategic partnerships

A greenfield platform accelerates and de-risks its build by partnering rather than building everything in-house. Four partnership categories are central to the plan:

  • Equipment OEMs, dealership and servicing agreements with global mechanisation majors to anchor the equipment division from launch.
  • Wholesale funders and DFIs, the ring-fenced finance-book facility, plus blended-capital tranches that lower the cost of capital and carry impact reporting.
  • EPC and engineering partners, fixed-price contractors and an owner’s engineer to control silo and mill construction risk.
  • Offtake and trading counterparties, millers, feedlots and export houses that underpin grain and feed volumes from early in the ramp.