Wednesday Dec 04, 2024
Wednesday Dec 04, 2024
Wednesday, 21 November 2018 00:00 - - {{hitsCtrl.values.hits}}
Alex Lovell renowned for his investment prowess was recognised at the recently concluded Business Today TOP 30 awards nights for his efforts in attracting foreign direct investments into Sri Lanka. He received the award from President Maithripala Sirisena.
Lovell is the Group Chairman of Ben Holdings Ltd. and is also the Chairman of UB Finance and National Asset Management Ltd. He is a Board Director of the Associated Electrical Corporation Ltd. and Real Investment Holdings Ltd.
Commenting on the Business Today Special Recognition Lovell noted that he became an ambassador for Investment to Sri Lanka during the height of the conflict. “My confidence in Sri Lanka and its potential has never once wavered and I have continued to walk the talk regardless of the external environment and its pressures,” he said.
Lovell added that in a context of apparent uncertainty it is important that investors and business people remain focused on the best interest of Sri Lanka. “That’s really the formula of my investment decisions. To continue to invest in Sri Lanka and what is good for its people with a longer term view. This must remain our focus during challenging times,” he concluded.
Alex Lovell has over four decades of experience in the field of Finance and Investment with majority of his time spent overseas as an investment banker. He is among the youngest to be awarded the Most Distinguished Order of the British Empire (MBE) by the Queen of England for services to Investment Banking. He is renowned for his strategic investment decisions towards turning around ailing businesses and is credited for the success of several such ventures in the Banking and Financial arena in Sri Lanka.
