Manil to join JKH Board from 1 July

Thursday, 23 May 2024 03:03 - - {{hitsCtrl.values.hits}}

Manil Jayesinghe

Top professional Manil Jayesinghe has been appointed to the Board of John Keells Holdings PLC as Independent Non-Executive Director with effect from 1 July 2024.

Jayesinghe is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, Fellow Member of the Chartered Institute of Management Accountants (UK), Fellow Member of the Certified Management Accountants of Sri Lanka and a Member of the Chartered Institute of Public Finance and Accountancy.

Jayesinghe, who started his career at the Ernst and Young, gained extensive experience in a range of sectors including manufacturing, retail, hospitality, wholesale business and telecommunication, in his capacity as Partner of Ernst and Young for 30 years; and was the Country Managing Partner of Ernst and Young Sri Lanka and Maldives from 2021-2023, Head of Assurance Practice in Sri Lanka and the Profession Practice Director of Sri Lanka, from 2003 -2023.

His forte in valuation of businesses and development of strategic plans for Financial Institutions, made Jayesinghe a key resource in financial services. He also served as Head of the IFRS/SLAS Desk in Sri Lanka. In his career spanning over 41 years of advisory and industry experience, he served as President and a council member of the Institute of Chartered Accountants of Sri Lanka, a Member of the Board of Sri Lanka Accounting and Auditing Standards Monitoring Board, a Council member of CMA Sri Lanka, member of the CIMA Sri Lanka Board, council member of the University of Moratuwa, member of the International Accounting Education Board of the IFAC, member of the Audit Advisory Committee of the Central Bank, Advisor to Audit Committees of PLCs and Banks, and Member of the National Chamber of Commerce of Sri Lanka.

Currently he is, the Chairman of the Statutory Accounting Standards Committee, a Member of the Statutory Auditing Standards Committee and serves on many other committees of the Institute of Chartered Accountants of Sri Lanka.

He is also a Member of the Financial Reporting Standards Implementation and Interpretation Committee (FRSIICS), the Chairman of the Accounting Standards Committee of the South Asian Federation of Accountants (SAFA), a Member of the Audit Committee of SLIM, a Member of the Securities and Exchange Commission of Sri Lanka, Member of the Board of Investments of Sri Lanka, Governing board member of the Central bank of Sri Lanka and Independent Non-Executive Director of Diesel and Motor Engineering PLC, Ceylon Hospitals PLC, C W Mackie PLC, Lanka Milk Foods (CWE) PLC, Lanka Dairies Ltd., and Sahasya Investments Ltd.