Monday Dec 23, 2024
Monday Dec 23, 2024
Monday, 23 December 2024 02:51 - - {{hitsCtrl.values.hits}}
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| Samantha Ranatunga |
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| Niran Mahawatte
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Samantha Ranatunga has been appointed as the new Chairman of Citrus Leisure PLC and subsidiaries Hikkaduwa Beach Resort PLC and Waskaduwa Beach Resort PLC.
The company also announced the appointment of Niran Mahawatte to its Board and that of the subsidiaries as an Independent Non-Executive Director.
The duo filled the vacancies created following the resignations of Suresh De Mel and Vasula Premawardhana.
Ranatunga was the Managing Director of CIC Holdings PLC from 2010 to 2019. He joined the company as an executive in 1988 and held various senior positions and was director of main subsidiaries of CIC Holdings PLC namely Chemanex PLC and Link Naturals Ltd.
Ranatunga served on the Board of Directors of Seylan Bank PLC from 2010-2019. During this tenure, he chaired the Risk, Human Resources, Nomination, Marketing and Strategic Planning Committees of the bank and served as a member of the audit committee. He was also the Chairman of Ceylon Chamber of Commerce from 2015-2017.
Since 2019, he has headed the pioneering clinical research company, RemediumOne Ltd., in Sri Lanka which is a public-private partnership with the University of Kelaniya.
In late 2023, he was appointed as the Chairman of the Agricultural Modernisation Taskforce of the Presidential Secretariat.
He holds directorships in six other companies: Chairman/Independent Non-Executive Director of HVA Foods PLC, Chairman of Agroworld Ltd., and Spectrify AI Agro Technology Ltd., and Director of RemediumOne Ltd., and VS Information Systems Group Ltd.
Mahawatte is an experienced senior banker having specialised in treasury management. He has experience with the banking and financial services industry for over 30 years where he has held senior management positions.
He has worked with several financial institutions namely the Commercial Bank of Ceylon PLC and the Deutsche Bank Colombo branch. He was the Vice President and Head of Treasury at the National Development Bank PLC. He currently serves as a Director of George Steuart Asset Management Ltd.
Mahawatte holds a Bachelor of Science (BSc. Honours) Degree from the University of Colombo. He is a Fellow Member of the Chartered Institute of Management Accountants (FCMA), UK, and is a Chartered Global Management Accountant.
