Trinidad and Tobago’s publicly listed National Flour Mills (NFM) has announced the abrupt removal of chief executive officer Terrence Kalloo from his post, a mere five months after he was formally appointed to lead the staple food producer, according to exclusive reporting from local outlet the Express. The company’s board of directors voted unanimously during a scheduled meeting yesterday to discontinue Kalloo’s tenure at the helm, with no official public statement released to explain the sudden leadership change as of press time. Stepping into the top role on an interim basis is Shyamal Chandradathsing, who only joined NFM as its chief commercial officer in August of this year, making him the third acting CEO to serve the firm since the start of the 2026 calendar year. The rapid turnover at NFM’s C-suite stretches back to March 31, when long-serving CEO Ian Mitchell stepped down after more than five years at the organization’s helm. Mitchell’s exit triggered a months-long leadership gap, with Jason Mohammed stepping in as acting CEO to steer the company through the transition period before Kalloo was selected for the permanent top post earlier this year. The cumulative effect of these shifts means NFM has cycled through four distinct leaders in the chief executive role in a span of just over seven months, a level of executive churn unprecedented for the critical national food supply firm. At the time of his appointment, Kalloo laid out an ambitious public agenda to rebuild eroding shareholder confidence, noting that NFM’s share price on the Trinidad and Tobago Stock Exchange had stagnated around the $1.50 mark for the past five years with no meaningful upward movement. He had outlined a multi-pronged strategy to boost profitability, drive share price capital gains, deliver consistent dividend payouts to investors, and shore up national food security by ensuring uniform, affordable pricing for core flour and grain products across all distribution channels, while upholding the company’s commitments as a responsible national corporate citizen. The most recent public financial disclosures from NFM, covering the six-month period ending June 30, 2026, show the firm posted an after-tax profit of $22.24 million, a marginal 2.5% dip from the $22.8 million recorded in the same six-month window of 2025, even as top-line revenue inched up 1.1% to hit $263 million, up from $260 million in the prior year’s corresponding period. The company’s highly anticipated third-quarter financial results, which cover the first nine months of the 2026 fiscal year ending September 30, are scheduled to be released to the public and shareholders imminently. Attempts by the Express to reach Terrence Kalloo for immediate comment on his unexpected removal from the CEO post were unsuccessful as of yesterday evening.