Home / Front Page/ Krishantha Cooray assumes duties as Chairman of Hilton Colombo owning company

Krishantha Cooray assumes duties as Chairman of Hilton Colombo owning company

Comments / {{hitsCtrl.values.hits}} Views / Monday, 11 April 2016 00:00

Krishantha-CoorayKrishantha Cooray has finally assumed duties as the new Chairman of Hotel Developers (Lanka) Plc, the owning company of Hilton Colombo.

Cooray is a private sector executive counting years of experience in the corporate sector and an academic background in Political Science and Law. He also serves on the Board of DFCC Bank.

His appointment to Hilton Colombo’s owning company was announced late last year but subsequent events forced a delay in him assuming duties.

Apart from Cooray, several others have been appointed to the Hotel Developers new Board along with a few re-appointments from the previous Board, which was constituted by Finance Minister Ravi Karunanayake when Hotel Developers came under Finance Ministry during the interim Government’s cabinet. 

With Hotel Developers brought under Ministry of Public Enterprise Development, Minister Kabir Hashim and the Prime Minister late last year requested the Hilton Directors to resign to make way for the appointment of a new Board. Some complied but few others including Chairperson Sagarika Delgoda did not but requested to stay until 31 March 2016.  This request was granted and accordingly all remaining Board members including Delgoda resigned by last week except for Dheeshana S. Ameresekere. 

The new Board of Hotel Developers comprises of Krishantha Cooray (Chairman), new appointees Shezmin Mansoor, Dhanuka Samarasinghe, Dinouk Colombage, Tehani Mathews, Sonalie Liyanamana, and re-appointees Athula Senanayake, Padma Maharaja and Priyantha Jayamaha (Treasury Representative) and Dheeshana S. Ameresekere.

Cooray after completing his schooling at St. Thomas’ College Mount Lavinia, read for a Bachelor of Arts (Honours) in Political Science and Law at the University of Middlesex.

In the corporate sector, he held several executive positions in leading, innovative private sector companies, including the Ceylinco Group, Richard Peiris Group and the Maharaja Organization.

He joined the Richard Peiris Group as the Head of Business Development and went on to found the first completely independent publishing house owned by a public-quoted company. 

He was instrumental in setting up Rivira Media Corporation  Ltd. under the Richard Peiris Group and served there as founding director and Chief Executive Officer.

The two flagship newspapers launched under his direction, Rivira and The Nation, continue to be widely read national newspapers in Sri Lanka. During his stint at the Maharaja Group, Krishantha worked as a Consultant, supervising, stream-lining and ensuring executive coordination of news broadcasts by the TV and Radio stations belonging to the company.


His long standing association with the media includes the contribution of articles to several national newspapers.

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Automation and machine learning: Helping organisations extract deeper value from data

Tuesday, 22 January 2019

The world is in the midst of a data explosion. Humans are generating an estimated 2.5 quintillion bytes of data every single day1, according to Forbes, and more data was created in the past two years than in all of human history. No wonder data now r

SL tourism: From TOM to experience the brand in 2019

Tuesday, 22 January 2019

Last week I had just crossed the border that separates Laos from Thailand and was on route via land to Thailand. My mind was on Laos – a country branded globally as ‘Simply Beautiful’ (backed by the ADB in 2018) to attract visitors into the cou

Questionable (or absurd) official report on poverty indicators

Tuesday, 22 January 2019

The latest Report issued by the Ministry of National Policies and Economic Affairs on ‘Poverty Indicators’ is both questionable and outrageous.1This Ministry is under the responsibility of the Prime Minister, Ranil Wickremesinghe. Most of the sta

Teaching the younger generation to observe professional ethics is the need of the hour

Tuesday, 22 January 2019

When Sri Lanka got independence in 1948, it was one of the most promising nations both in Asia and in the Commonwealth countries. It had luckily emerged unscathed after the Second World War unlike our neighbours. Sri Lanka furthermore did not have to

Columnists More