The world largest dairy exporter Fonterra Co-operative Group Limited announced on Wednesday that Johan Priem, who is currently a member of the Office of the CEO, will become President Greater China, on August 1.

Kelvin Wickham, who is currently President Greater China, will take up the newly created position of managing director global ingredients.

Chief Executive Theo Spierings said the appointments will further strengthen Fonterra's front bench.

"This year one of our top business priorities is to optimize our global ingredients and operations footprint so we can better manage price volatility and increase value, while ensuring a total focus on food safety and quality, and our customers' needs. Our China business is very important to us and a seamless leadership transition is a priority," said Spierings.

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