January 23, 2024
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5min
IFS, the global cloud enterprise software company, today announces that Mark Moffat has been promoted to Chief Executive Officer (CEO). Moffat takes over from Darren Roos who has been appointed as the company’s Chair of the Board. Both appointments are effective immediately.     The transition provides great continuity for the business by building on […]

January 22, 2024
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1min
Mr. Shamindra J. M. Marcelline has notified of his intention to resign from the position of Chief Executive Officer/General Manager of People’s Leasing & Finance with effect from 01st April 2024 in order to pursue his future career plans. The notice of resignation has been accepted by both the Nomination and Governance Committee and by […]

December 18, 2023
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7min
      99x, the global technology services company rooted in Sri Lanka, proudly announces a leadership transition, signifying a pivotal moment in its journey. After a distinguished tenure of 20 years, Founder and CEO, Mano Sekaram, will step down from the role of Chief Executive Officer, with Hasith Yaggahavita set to assume the position […]

August 8, 2023
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4min
      First Capital Treasuries PLC, Sri Lanka’s oldest operating non-bank primary dealer, announced the appointment of Sachith Perera as the company’s Chief Executive Officer with effect from 31st July 2023. Sachith is a financial market professional with a career spanning over 30 years primarily in Treasury and Balance Sheet Management and Financial Derivative […]

August 4, 2023
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2min
  HUTCH Sri Lanka CEO Thirukumar Nadarasa will retire on 15th September 2023 after 25 years with the Hutchison Group. Since he has accumulated outstanding leave, his last working date with Hutch is 31st July 2023. During his tenure, he worked in different Hutchison Telecommunication subsidiaries in the group. He rejoined Hutch Sri Lanka in […]

June 13, 2023
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2min
      Colombo, 12 June 2023. Senior IT professional Yusuf Shiraz was recently appointed CEO of Ezoref Technologies Pvt Ltd, a subsidiary of the South Asian Technologies Group. A widely experienced individual who has been in the Sri Lankan IT industry for over twenty two years, Shiraz began his IT journey with a few renowned local IT […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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