Asite Talwatte appointed to Chevron Lubricants Board

Top professional Asite Talwatte has been appointed to the Board of Chevron Lubricants Lanka PLC as an Independent Non-Executive Director. 

He fills the vacancy created by the resignation of Deva Rodrigo.

Talwatte serves as an Independent Non-Executive Director or boards of several listed companies.

He worked at Ernst & Young in Assurance, Business Risk and Advisory Services for 37 years, including 10 years as Country Managing Partner. He has worked with E&Y in Cleveland, Ohio and also served on E&Y’s Far East Area Executive Committee, the Area Advisory Council and the ASEAN Leadership Committee.

Talwatte was the President of CA Sri Lanka for a two year period in 2002/03, and CIMA Sri Lanka in 1995/6. He served as the Chairman of the Statutory Accounting Standards Committee and the Auditing Standards Committee, the Urgent Task Force and the Examinations Committee of the ICASL.

He has been closely associated with the development of the Corporate Governance in Sri Lanka, being actively involved with the Code of Audit Committees in 2002 and the Code of Corporate Governance in 2003. He co-chaired the Committees to restructure the revised Codes of Corporate Governance of 2008, and 2012.

Talwatte is a Fellow of the Institute of Chartered Accountants of Sri Lanka and the Chartered Institute of Management Accountants of UK. He also holds a Post Graduate Diploma in Business and Financial Administration awarded by the ICASL and the University of Wegeningen, Holland and has a MBA from the University of Sri Jayewardenepura. Talwatte has also participated in a Kellogg Executive Program at the Kellogg Graduate School of Management, Northwestern University, Illinois.