Asgi Akbarally new Chairman at Amana Bank

Amana Bank Plc yesterday announced the appointment of Ali Asghar (Asgi) Akbarally as the new Chairman.

He succeeds Osman Kassim who stepped down last week after reaching the end of his statutory tenure on the Board.

Asgi is a Senior Executive Director of Akbar Brothers Ltd, one of Sri Lanka’s largest diversified corporates, which is globally renowned for its tea exports. 

Owing to his involvement in Akbar Brothers, Asgi holds directorship in multiple subsidiaries and affiliates covering sectors such as Manufacturing, Property Development, Hotels & Leisure, Healthcare, Power Generation, Packaging & Printing, Logistics and Environmental Services. 

Asgi is the Managing Director of Renewgen Ltd and Chairman of Windforce Ltd, Hermitage Resorts  Ltd, Uthurumaafaru Holding Ltd Maldives, Lhaviyani Holdings Ltd and Cocoon Investments Ltd Maldives. He is also a director of Alumex PLC. Due to his vast contribution to the nation he was conferred with the honorary title Deshabandu Lankaputhra,. 

 Asgi is currently the Honorary Consul of the Hashemite Kingdom of Jordon. He holds a BSc Degree in Industrial Engineering from the California State University and is a Fellow Member of the Institute of Certified Professional Managers. A classic car enthusiast, Asgi has authored a coffee table book on “Classic and Vintage Automobiles of Ceylon” and is the Patron of the Classic Car Club of Ceylon.