Changes to Dunamis Capital Board and its listed subsidiaries

The Executive Chairperson of Dunamis Capital Plc and its listed subsidiaries First Capital Holdings Plc and Kelsey Developments Plc, Manjula Mathews has retired from her post with effect from 30 April 2017. 

Mathews is succeeded as Chairman of Dunamis Capital Plc and Kelsey Developments Plc by Eardley Perera, who has been an Independent Non-Executive Director of the company since 2012.

The role of Chairman of First Capital Holdings Plc is assumed by Nishan Fernando, who has been an Independent Non-Executive Director of the company since 2012.

Perera and Fernando are respected business professionals with impressive track records. Their appointments further increase the independence and transparency of the board of both companies. 

The Board of Directors has appointed Dilshan Wirasekara, incumbent Chief Executive Officer of First Capital Holdings Plc, as Executive Director of First Capital Holdings Plc with effect from 1 May 2017. He is an alumnus of INSEAD Business School, with over 20 years of experience in financial services. 

Mathews, a Fellow Member of the Chartered Institute of Management Accountants (UK) and an Alumnus of the University of Cambridge (UK), assumed duties as the Group’s Executive Chairperson in October 2014. Prior to this she served as Group Managing Director from 2007-2014. Her decision to step down from her leadership role was in line with plans made a considerable while ago. 

Perera, a Chartered Marketer, is a Graduate of the Chartered Institute of Marketing (UK), with over 40 years of experience in management. He is also a member on the Board of Study of the Postgraduate Institute of Management, University of Sri Jayewardenepura (PIM) and is actively engaged in management education and consultancy. 

Fernando is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, an Associate Member of the Chartered Institute of Management Accountants (UK) and holds an MBA from the Postgraduate Institute of Management of the University of Sri Jayewardenepura. Fernando is a past president of the Institute of Chartered Accountants of Sri Lanka and was a Board Member of the Securities and Exchange Commission of Sri Lanka.