January 23, 2024
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5min16
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 19, 2024
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3min29
January 18, 2024: Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) at its board meeting held on the 18th of January announced the appointment of Shyam Sathasivam as the Group Chief Executive Officer.  Shyam held the position of Managing Director of the subsidiaries Sunshine Healthcare Lanka Limited and Sunshine Consumer Lanka Limited.     Shyam brings over […]

December 20, 2023
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5min5
  Dr. Kelum Senanayake, Chief Executive Officer and Principal Officer of Arpico Insurance PLC and a renowned personality in the Sri Lankan Life Insurance industry, has been appointed as an Executive, Non-Independent Director of the Company, following the endorsement from the Insurance Regulatory Commission of Sri Lanka. Dr. Senanayake took reigns at Arpico Insurance PLC […]

July 28, 2023
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4min5
      Rainco (Pvt) Ltd, one of the leading business conglomerates and manufacturers of umbrellas, mosquito nets, and rainwear in Sri Lanka, officially appointed Dinesh Dharmaratne as the Chief Executive Officer on July 1st, 2023. This appointment follows the announcement of Ahamed Aroos, the outgoing CEO, expressing his intention to leave the organization. Aroos […]

June 1, 2023
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4min4
      Industry pioneer buoyant about next growth phase, leveraging Enterprise 5.0 to accelerate growth and drive innovation Informatics International Limited (IIL), a leader in IT software, Infrastructure solutions, and services, announced the appointment of Shiraz Lye as the organization’s Chief Executive Officer (CEO). This strategic move will bolster IIL’s leadership team, augmenting its capabilities […]

January 10, 2023
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3min4
Monday, 9th January 2023, Colombo; Accomplished Strategic Management Professional Ruminda Randeniya has been appointed Chief Executive Officer of the parent company of Prime Group, Prime Lands (Pvt) Ltd., with effect from 1st January 2023. He counts more than 23 years’ experience in the real-estate sector. A former student of Ananda College, Colombo 10, Ruminda excelled […]


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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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