Ramanan appointed Director/CEO at Industrial Asphalts

Monday, 9 June 2014 00:00 - - {{hitsCtrl.values.hits}}

Industrial Asphalts (Ceylon) PLC has announced the appointment of G. Ramanan as Director/CEO. The company is a manufacturer and distributor of specialised bituminous products apart from distributing a range of surface coatings and industrial chemicals.

Ramanan has over 19 years of experience in the investment banking space in Sri Lanka. He was widely involved and continues to be active in business advisory, fund management, commercial banking and investment banking. He was the Head of Investment Banking at HNB and CEO of HNB Securities where was directly involved in handling the full array of investment banking services and execution of several landmark transactions. Ramanan is a CFA Charter Holder and a Management Accountant and obtained his MBA from the University of Chicago Booth School of Business. He is currently the Managing Director/CEO of People’s Merchant Finance PLC as well as the Managing Director of Capital Trust Financial Ltd. and Capital Trust Wealth Management Ltd. and a Non-Executive Director at Adam Investments Ltd. He holds 1,173 ordinary shares in Industrial Asphalts (Ceylon) PLC. Sigma Holdings Ltd. holds 66% stake in the company. The new Board of the Company comprises of J.V.R. Joseph (Chairman), G. Ramanan (Director/CEO), S.R. Ekanayake and M.C.P. Fernando.