Murad Al-Katib, President and CEO of Saskatchewan-based AGT Food and Ingredients Inc., was named EY World Entrepreneur Of The Year 2017 at an awards ceremony held in Monaco’s Salle des Etoiles. He was picked from among the 59 country winners from 49 countries vying for the title.
Murad started AGT Food and Ingredients in 2003 and it has since grown into the world’s largest vertically integrated supply chain for lentils, chickpeas and peas. The business went public in 2007 and has revenues of US$1.49b, with more than 2,000 employees on five continents.
AGT Food and Ingredients has been growing revenue sustainably by an average of more than US$100m each year for the past five years. The company exports approximately 23% of the world trade in lentils to more than 120 countries around the globe.
The judging panel, with broad geographical and industry perspective, came to a unanimous decision after a vigorous, balanced and informed debate. Murad is an incredible entrepreneur who has demonstrated outstanding value creation, organizational reach and expansion. Through sustainable agricultural practices, he is making a positive impact on the global environment. Murad Al-Katib, President and CEO, AGT Food and Ingredients Inc., says:
“I am deeply moved and honored by the recognition of this award. AGT is committed to building a successful and sustainable business. By taking risks and rethinking the approach to my industry, we have grown the business responsibly and transformed Canada’s agricultural industry. I thank EY for the recognition on behalf of all of my colleagues who day in and day out are committed to our values and purpose.”
Murad started his entrepreneurial endeavor from scratch and now has revenues exceeding US$1b. As with many successful entrepreneurs, Murad is able to grow his business by passionately communicating his vision to employees, suppliers and customers. Through supply chain innovation, he is leading the way in sustainable agriculture.
Through his vision and approach, Murad has transformed an industry and today leads a company which has seen exceptional growth in the last decade. He also demonstrates a clear purpose by embodying compassionate entrepreneurship, using his capabilities to make a positive impact by feeding millions and educating refugee families.
Murad’s success and passion make him an exemplary EY World Entrepreneur Of The Year winner.