Ceylon Tobacco Company appoints Harin de S. Wijeyeratne as Board Director

Ceylon Tobacco Company PLC (CTC) announced the appointment of distinguished corporate leader Harin de S. Wijeyeratne as an Independent Non-Executive Director to its board, effective February 1, 2024.With this appointment, the CTC board of directors will now comprise Chairman Suresh Shah, Managing Director Monisha Abraham, Kushan D’Alwis, Gary Tarrant, Rumana Rahman, Stuart Kidd, Towhid Akbar and Harin de S. Wijeyeratne. Wijeyeratne is an Associate member of the Institute of Chartered Accountants of Sri Lanka and a Fellow member of the Chartered Institute of Management Accountants, UK. He has over 30 years of experience in general management, financial management and auditing, acquired through exposure gained at Investcorp Bank, Bahrain, Grindlays Bahrain Bank, Ernst & Young, Bahrain and Ernst & Young, Sri Lanka. 

He is also a Director of DFCC Bank and Trans Asia Hotels PLC and Chairman of the Audit Committees of these organisations. He also functions as Chairman of the Audit Committee of MAS Holdings. He has also held the positions of Chief Executive Officer of Sri Lanka Institute of Nanotechnology (Pvt.) Limited (SLINTEC) and Independent Director of Union Assurance PLC, where he also functioned as Chairman of its Board Audit and Compliance Committee. Additionally, he serves as a Director of the Gamini Corea Trust and is a trustee of the SLINTEC Endowment Trust Fund. He remains founder/owner of Avastha Financial Advisory Services and co-founder of Kalyana, a mental health advocacy group.The company and board warmly welcome and look forward to Wijeyeratne strengthening CTC’s corporate governance, audit benchmarks and best practices with his experience and acumen. With a history spanning 118 years, CTC is one of the most valuable companies listed on the Colombo Stock Exchange. The company will continue to consolidate its position at the top and drive further growth for all stakeholders as part of its journey in Sri Lanka.

( Source :  Daily Mirror)