‘Yudy’ Kanagasabai named new Chairman at Dankotuwa Porcelain

Non-Executive Director Yudhishtran ‘Yudy’ Kanagasabai has been appointed as the Chairman of Dankotuwa Porcelain PLC with effect from 1 October. He succeeds the recently retired Rajan Asirwatham.

Dankotuwa Porcelain Chairman Yudhishtran  ‘Yudy’ Kanagasabai

Yudy currently serves as the Chairman of the Board Audit Committee of Ceylon Tobacco Company PLC, Eswaran Brothers Exports Ltd. and Millennium IT ESP Ltd., and as an Independent Non-Executive Director of Cargills Ceylon PLC, Hunter & Company PLC and Lanka Canneries Ltd.

He is also a Non-Executive Director of Cargills Food Company Ltd. and Cargills Bank Ltd., and Chairman of South Asia Textiles Ltd. 

He was the Chairman of the Audit Committee of Union Bank PLC from August 2016 to 31 December 2018, and a Commissioner of the Insurance Regulatory Commission of Sri Lanka from May 2018 to November 2018 and from December 2018 to November 2019.

Prior to taking up several board positions post retirement, he served as the Senior Partner of PricewaterhouseCoopers, Sri Lanka and Maldives. Having joined the firm in 1981, he held progressively responsible positions before being admitted as a Partner in 1991, following a secondment to the Singapore Firm from June 1988 to May 1990 for training in Information Security.

Yudy is a Fellow of the Institute of Chartered Accountants of Sri Lanka.

With the latest appointment, the Board of Dankotuwa Porcelain comprises of Yudy Kanagasabai as Chairman, M. Boyagoda, S.E. Gardiner, P.P. Maddumage, R.T. Devasurendra, R.P. Peiris, N.S. Wijesekera and C.S. Karunasena (alternate to Maddumage).