Mohan Ratnayake joins Lee Hedges Board

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

Ratnayake is a Fellow Member 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 USD Bond by a corporate entity – 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.

He currently serves as the Managing Director of Colonial Motors Ceylon Ltd – agents for Mazda Motor Corporation Japan. He also serves as an Independent Non-Executive Director of C M Holdings PLC, ACL Plastics PLC, Lanka Tiles PLC, Swisstek Ceylon PLC, Serendib Land PLC and UB Finance PLC.

He also serves on several Boards and chairs Audit Committees, IRMC and other statutory committees. He 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 institution falling under the purview of the Central Bank of Sri Lanka.

Source - Dailyft