Asanga elected to CSE Board of Directors

Monday, 27 September 2021 00:00 - - {{hitsCtrl.values.hits}}

Asanga C. Seneviratne as a Director of the CSE Board

The Colombo Stock Exchange (CSE) has announced the appointment of Asanga C. Seneviratne as a Director of the CSE Board with effect from 23 September.

Seneviratne has previousaly served on the Board of the CSE as a Director during the period from 2013 to 2017.

Seneviratne was a Founder/Director of Asia Capital PLC, the largest investment bank to be listed on the CSE in 1994. He was the Managing Director, Asia Securities Ltd., the No. 1 ranked stock broking company in Sri Lanka from 1991-2008 and CEO of Asia Capital Ltd. from 2003-2010.

He was with Asia Securities and Asia Capital for 19 years and has extensive experience in finance and investments, capital management, and the hospitality industry.

Seneviratne pioneered online trading in Sri Lanka through his company Investor Access Asia Ltd. with CDAX, the first online trading system in Sri Lanka, enabling direct access to the CSE from the clients’ personal computer. 30% of the total trades on the CSE were executed via this system during that period.

He was instrumental in restructuring Nation Lanka Finance PLC under the Central Bank program in 2011 to resurrect failed licensed finance entities.

He is presently the Chairman of Nation Lanka Equities Ltd. and the Managing Director of Asia Fort Asset Management Ltd., Anilana Hotels & Properties PLC and Investor Access Equities Ltd.

He has also served on the following Corporate Boards of Directors: Chairman of NatWealth Securities, Director of Nation Lanka Finance PLC.

Following an illustrious sporting career in cricket and rugby at school and Club level, Asanga represented Sri Lanka at both sports. He currently serves as Vice President of the National Olympic Committee of Sri Lanka and is an Independent Committee Member and Chairman of Competitions and High-Performance Sports.

He has held the following posts in previous years: Chairman of the Stock Brokers’ Association of Sri Lanka from 2005-2006, President of the Sri Lanka Rugby Foot Ball Union from 2012-2018, Secretary General of Asia Rugby from Vice President of Sri Lanka Cricket from 2013 to 2016.