Chairman/Independent Non-Executive Director
Mr. Sujeewa Mudalige
Mr Mudalige counts over 30 years of experience as a Chartered Accountant and recently retired as the Managing Partner of PwC, Sri Lanka.
He currently serves as a Non-Executive Chairman of Mercantile Services Provident Society (MSPS). He is also an Independent Non-Executive Director at National Development Bank PLC, Chemical Industries Colombo PLC and subsidiaries, NSBM Green University, Sherwood Capital Ltd and Mahindra Ideal Finance Ltd. He was appointed as a Commissioner of the Securities and Exchange Commission, Sri Lanka in March 2023. He is also a committee member of the Ceylon Chamber of Commerce.
Mr Mudalige has vast experience as an Audit Committee Chair in both public and private sector organizations. He is a past President of ICASL and has been a member of the Council of ICASL and of the governing board of CIMA UK, Sri Lanka Division and held several such other positions locally and globally during the span of his career.
Mr Mudalige was an Independent Non-Executive Director of Hatton National Bank PLC from 2012 to 2019 and was a Chair and member of several of its board subcommittees during his tenure. He was also the Deputy Chairman of the Financial System Stability Consultative Committee of the CBSL and a member of the Advisory Committee to advise the National Economic Council and the Advisory Committee for Revival of Failed Licensed Finance Companies.
His qualifications are FCA (SL), FCMA (UK), FCCA ( UK) and FCPA (Australia).
Deputy Chairman/Non-Independent, Non-Executive Director
Mr. Ajith Devasurendra
Mr. Ajith Devasurendra is a veteran in the financial services industry in Sri Lanka and counts over 35 years of experience both in Sri Lanka and overseas.
Mr. Devasurendra is the Deputy Chairman of Ambeon Capital PLC and Dankotuwa Porcelain PLC and Director of Ceylon Hotels Corporation PLC.
Independent Non-Executive Director
Mr. A. G. Weerasinghe
Mr. A. G. Weerasinghe is a fellow of the Institute of Bankers, Sri Lanka & also holds a B. A. in Economics from the University of Ceylon, Peradeniya, and an Alumni of the Asian Institute of Management Manila Philippines. He is an experienced Senior Banker who served the Board of Pan Asia Banking Corporation PLC as a Director from 2005 and as Chairman until May 2013. Mr. Weerasinghe served as an Assistant Lecturer in Economics, University of Ceylon Peradeniya.
Mr. Weerasinghe was a former Deputy General Manager Corporate Banking at Bank of Ceylon. He has served as Country Manager of Bank of Ceylon, London & Deputy General Manager International at Seylan Bank. He was also a former President of Sri Lanka FOREX Association. Currently he serves on the Board of Colombo City Holdings PLC, Royal Fernwood Porcelain Limited and Ceylon Leather Products Limited.
Independent Non-Executive Director
Mr. Mangala Boyagoda
Mr. Mangala Boyagoda has many years of experience in the fields of Banking and Treasury Management having worked at DFCC Bank, Standard Chartered Bank, Union Bank and Bank of Ceylon.
Chairman of Wealth Lanka Management (Pvt) Limited. Director of Wealth Trust Securities Limited, SAFE Holdings (Pvt) Limited, Asset Trust Management (Pvt) Limited, Ceylon Hotel Corporation PLC, Dankotuwa Porcelain PLC, Ceylinco General Insurance Limited, Sierra Construction (Pvt) Limited, Cargills Bank Limited, Royal Fernwood Porcelain Limited, Faber Capital (Pvt) Limited, United Hotel (Pvt) Limited, C A Crushing (Pvt) Limited, Sri Lanka Gateway Industries (Pvt) Limited, Chemanex PLC, Asset Holding Pvt Ltd and Dhamma Parami Trust.
Non-Independent Non-Executive Director
Mr. Ranil Pathirana
Mr. Ranil Pathirana has extensive experience in finance and management in financial, apparel and energy sectors and presently serves as a Director of Hirdaramani Apparel Holdings (Private) Limited, Hirdaramani Leisure Holdings (Private) Limited and Hirdaramani Investment Holdings (Private) Limited which are the holding companies of the Hirdaramani Group. He is also the Managing Director for Hirdaramani International Exports (Pvt) Limited.
Mr. Pathirana is the Chairman of Windforce PLC and a Non-Executive Director of Ambeon Capital PLC, Ceylon Hotels Corporation PLC, BPPL Holdings PLC, ODEL PLC & Alumex PLC. He is a Fellow Member of the Chartered Institute of Management Accountants, UK and holds a Bachelor of Commerce Degree from the University of Sri Jayewardenepura.
Executive Director / Group Chief Executive Officer
Dr. Sajeeva Narangoda
Dr. Sajeeva Narangoda is currently the Executive Director of Ambeon Holdings PLC. In addition, Dr. Narangoda serves on the respective Boards of Millennium IT ESP, Eon Tec (Pvt) Ltd, Dankotuwa Porcelain PLC., Royal Fernwood Porcelain Limited, Taprobane Capital Plus (Pvt) Ltd, Colombo City Holdings PLC and Sherwood Capital (Pvt) Ltd as a non-Executive Director.
His illustrious career includes serving Colombo City Holdings PLC as its Executive Director/Chief Executive Officer, Dankotuwa Porcelain PLC as its Chief Executive Officer, Millennium IT ESP as Executive Director, Browns Hospitals Limited (currently known as Melsta Hospitals) as Director/Chief Executive Officer and Hemas Hospitals as the Chief Operating Officer.
He has also been serving the Australian Council on Healthcare Standards International (ACHSI) as an International Hospital Assessor since 2012 and as country representative for Sri Lanka since July 2019.
Dr. Narangoda holds a Bachelor of Dental Surgery degree from the University of Peradeniya, Sri Lanka and a Master of Science (Finance and Management) from Keele University UK. In addition, he is a Fellow Member of the Chartered Institute of Management Accountant (CIMA) UK, a Chartered Global Management Accountant (GGMA) UK and a Certified Practicing Accountant (CPA), Australia.
Independent Non-Executive Director
Mr. Savanth Sebastian
Mr. Savanth Sebastian has a wealth of experience in economics, financial services and investment management and currently also serves on the Boards of Directors of Nations Trust Bank PLC (6 years), Voguetex Pvt Ltd and ArpicoAtaraxia Asset Management.
Mr. Sebastian brings with him twenty-one years of industry experience, having carried out responsibilities for nine years as the Senior Economist within the Global Markets research team at Commonwealth Bank in Australia, advising Federal and State Governments, high net worth private and institutional clients, and internal stake holders – including Colonial First State and the Commonwealth Bank senior leadership team.
Prior to this, he spent four years working in and then managing the International trading desk for Commonwealth Securities – the stock broking division of Commonwealth Bank, Australia which transacted across 31 international markets. While in the role he was responsible for the facilitation of Strategic Trading Accounts – allowing CBA Treasury to manage risk and drive an alternative source of revenue.
He holds a Bachelor of Commerce in Actuarial Studies & Finance, is an Accredited Advisor of the Australian Stock Exchange, and a Master Practitioner of the Australian Stockbrokers and Financial Advisers Association.
Mr. Sebastian has published numerous research reports for institutional clients covering domestic and global macroeconomic policy and analysis of equity markets.
Directors of Ambeon Holdings Group
Ambeon Holdings PLC – Registration No. PQ 26
1. Mr. Sujeewa Mudalige – Chairman/Non-Executive Independent Director
2. Mr. Ajith Devasurendra – Deputy Chairman/Non-Independent, Non-Executive Director
3. Mr. A. G. Weerasinghe – Independent Non-Executive Director
4. Mr. Mangala Boyagoda – Independent Non-Executive Director
5. Mr. Ranil Pathirana – Non-Independent, Non-Executive Director
6. Dr. Sajeeva Narangoda – Executive Director / Group Chief Executive Officer
7. Mr. Savanth Sebastian – Non-Executive Independent Director
Colombo City Holdings PLC – Registration No. PQ 71
1. Mr. Ananda Atukorala – Independent Non-Executive Director
2. Dr. Sajeeva Narangoda – Non-Independent Non-Executive Director
3. Mr. Yudy Kanagasabai – Non-Independent Non-Executive Director
4. Mr. Savanth Sebastian – Independent Non-Executive Director
Millennium I.T.E.S.P (Private) Limited - Registration No. PB 79 PV
1. Mr. Murali Prakash – Non-Executive Director
2. Mr. Yudhishtran Kanagasabai – Non-Executive Director
3. Mr. Shevan Goonetilleke – Executive Director/CEO
4. Mr. Shehan Wijetilaka – Non-Executive Director
5. Mr. Indika Premarathna – Executive Director
6. Mr. Mahesh Wijenayaka – Executive Director
7. Dr. Sajeeva Narangoda – Non-Executive Director
Taprobane Capital Plus (Private) Limited - Registration No. PV 126225
1. Mr. Y Kanagasabai – Chairman/Non-Executive Director
2. Mr. A G Weerasinghe – Non-Executive Director
3. Mr. E M M Boyagoda – Non-Executive Director
4. Dr. Sajeeva Narangoda – Non-Executive Director
Taprobane Investments (Private) Limited - Registration No. PV 273
1. Mr. L A Weerasinghe – Director/CEO
2. Mr. H C K P Goonetilleke -Non-Executive Director
3. Mr. K D H C J Perera – Non-Executive Director
Ambeon Securities (Private) Limited - Registration No. PV 16031
1. Mr. E M M Boyagoda – Chairman/Independent Non-Executive Director
2. Mr. N S Niles – Non-Executive Director
3. Mr. C A Kamaladasa – Executive Director/CEO
Sherwood Capital (Private) Limited - Registration No. PV 00241251
1. Mr. Somadasa Palihawadana – Managing Director
2. Mr. Ajith Devasurendra – Non-Executive Director
3. Dr. Sajeeva Narangoda – Non-Executive Director
4. Mr. Sandeep Jayawardena – Non-Executive Director
5. Mr. Sujeewa Mudalige – Non-Executive Director