Business

COYLE Leadership Forum 2024: Empowering Future Business Leaders in Sri Lanka

The Chamber of Young Lankan Entrepreneurs (COYLE) held its flagship 2024 Leadership Forum at the Shangri-La Colombo, gathering thought leaders, entrepreneurs, and visionaries to chart a path for the future of business in Sri Lanka. This dynamic event was designed to inspire and equip the next generation of trailblazers in entrepreneurship and business innovation. The

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Economics

EnerGulf Champions Sustainable Energy Leadership in Sri Lanka

In the evolving landscape of solar energy, driven by technological advancements and growing environmental concerns, effective leadership is crucial for navigating challenges and fostering innovation. EnerGulf, a prominent player in the Sri Lankan solar energy market, exemplifies this commitment with a visionary leadership team dedicated to sustainable energy solutions. This team prioritises the successful implementation

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Industry Analysis

Akram Cassim Elected as President of Sri Lanka Gem and Jewellery Association

Akram Cassim, Managing Partner of Colombo Jewellery Stores, has been elected as the new President of the Sri Lanka Gem and Jewellery Association (SLGJA). The SLGJA, which has served as the apex body for the gem and jewellery industry since 2002, appointed Cassim to the position during its recent Annual General Meeting.

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Business

Channa Gunawardana Appointed Chairman of Litro Gas Lanka

Litro Gas Lanka Ltd. and Litro Gas Terminal Lanka Ltd. have announced the appointment of Channa Gunawardana as their new Chairman, a move that underscores the companies’ dedication to providing a consistent energy supply throughout Sri Lanka. Gunawardana brings extensive experience to his new role, having previously served as CEO/Director of Aitken Spence Garments Ltd.

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Finance

Dinesh Weerakkody Appointed as New Chairman of Union Bank of Colombo

Dinesh Weerakkody, a highly regarded professional with extensive experience in the banking sector, has been appointed as the new Chairman of Union Bank of Colombo, following the resignation of Nirvana Chaudhary. Chaudhary will continue to serve on the Board as a Director. Union Bank is predominantly owned by Nepalese billionaire Binod Choudhary through Culture Financial

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Industry Analysis

Tokyo Cement Appoints Two New Independent Directors

Tokyo Cement Company (Lanka) PLC has strengthened its Board by appointing two new Independent Non-Executive Directors, Mano Sekaram and Averil Anne Ludowyke. Both directors bring a wealth of experience from their respective industries, further bolstering the company’s leadership. Mano Sekaram, a tech entrepreneur and investor, has over 30 years of experience in the Sri Lankan

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Politics

Business Leader Hanif Yusuf Appointed Governor of Western Province

Prominent business leader and co-founder of Expolanka Holdings PLC, Hanif Yusuf, has been appointed as the Governor of the Western Province by Sri Lankan President Anura Kumara Dissanayake. Yusuf was sworn in alongside several other new provincial governors at a ceremony held yesterday. The new appointees include: Hanif Yusuf’s appointment brings a wealth of leadership

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Industry Analysis

HNB Assurance Appoints Prof. Ananda Jayawardane to Board of Directors

HNB Assurance PLC (HNBA) has announced the appointment of Prof. Ananda Jayawardane as a non-executive/non-independent Director, effective August 9. Prof. Jayawardane is a Senior Professor in Civil Engineering at the University of Moratuwa and serves as a Commission Member of the University Grants Commission. He has held governing roles in various public and private sector

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Personal Finance

Maliban Group Appoints Kumudika Fernando as New Chairperson

The Maliban Group has announced a major leadership transition, with A.G. Kumudika Fernando being appointed as the new Chairperson, effective August 15, 2024. This appointment follows the recent passing of A.G. Ratnapala Samaraweera, the previous Chairman and Kumudika’s father. Samaraweera was the son of A.G. Hinni Appuhamy, the legendary founder of Maliban, and upheld the

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Industry Analysis

Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer

Union Bank has appointed Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective August 16, 2024. With over two decades of experience in the banking sector, Mr. Rodrigo’s leadership marks a pivotal moment for Union Bank as it seeks to navigate Sri Lanka’s evolving banking landscape and focus on innovation and customer-centric strategies in

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