Mohan Ratnayake joins Lanka Walltiles Board

Lanka Walltiles PLC has appointed Mohan Ratnayake to its Board as an Independent Non-Executive Director.

Ratnayake is a Fellow of the Chartered Institute of Management Accountants (UK) and has read for an MBA. He was the Chairman of the Committee which issued Sri Lanka’s first internationally listed Dollar Bond by a corporate entity for Sri Lanka Telecom PLC (SLT), which traded on the Singapore Stock Exchange, for the expansion of SLT and Mobitel. This was when the sovereign had not been rated by international rating agencies.

Ratnayake currently serves as the Managing Director of Colonial Motors Ceylon Ltd., Director of Union Investments Ltd., Motor Mart Ceylon Ltd., and Non-Executive Director of C M Holdings PLC. He also serves as an Independent Non-Executive Director of ACL Plastics PLC, UB Finance PLC, Swisstek (Ceylon) PLC, Serendib Land PLC, and Lee Hedges PLC.

He has served on the Board of a State-owned entity in the export sector and has expertise in the fields of tea exports, tea plantations, telecommunications, and the motor industry. He held the position of Deputy Chairman of a listed financial institute falling under the purview of the Central Bank of Sri Lanka and served as the Chairman of Lanka Realty Investments PLC.

Source: Daily FT