Amal Cabraal, Nihal Fonseka join JKH Board

Friday, 18 October 2013 00:03 - - {{hitsCtrl.values.hits}}

Top professionals Amal Cabraal and Nihal Fonseka have been appointed to the Board of John Keells Holdings as Independent Non Executive Directors from 1 November 2013. To take up the seat on JKH Board, Cabraal resigned from the Board of John Keells Hotels Plc. Cabraal is presently Chairman and CEO of Unilever Sri Lanka and is due to relinquish his seven-year stewardship on 31 October 2013. He has over three decades of business experience in general management, marketing and sales and apart from Sri Lanka, he has worked with Unilever in the UK, India and Bangladesh. He is an alumnus of INSEAD-France and holds a MBA from the University of Colombo and is a Chartered Marketer by profession.

He serves on the Monetary Policy Consultative Committee of Central Bank and is a Committee Member of the Ceylon Chamber of Commerce and a member of the Management Committee of the Mercantile Services Provident Society. He also serves on the Supervisory Board of Associated Motorways. Fonseka is a career banker and was appointed CEO and Director of DFCC Bank in January 2000 and served in these roles until his retirement at end of September 2013. He is a member of the National Payments Council and the Financial Systems Stability Consultative Committee of the Central Bank. He is the President of the National Advisory Council of the Chartered Institute for Securities and Investment, UK Fonseka is the Immediate Past Chairman of the Colombo Stock Exchange (2006-11) and the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) (2010-12). He served as a member of the Presidential Commission on Taxation (2009) and the Inter Regulatory Institutions Council. In the past he also served as a member of the Strategic Enterprise Management Agency (SEMA), the Post Tsunami Presidential Task Force for Rebuilding the Nation (TAFREN), and the Ministerial Task Force on Small and Medium Enterprises. He is a graduate of the University of Ceylon, Colombo and is a Fellow of the Institute of Financial Studies (Chartered Institute of Bankers), UK. With the new appointments, the Board of Directors of JKH comprises Susantha Ratnayake (Chairman/CEO), Ajit Gunewardene (Deputy Chairman), Ronnie Peiris, Franklyn Ameresinghe, Tarun Das, Indrajith Coomaraswamy, Ranjith Gunasekara, Ashroff Omar, Amal Cabraal and Nihal Fonseka.