Cargills MD appointed to CT Holdings Board

CT Holdings Plc (CTH) has announced the appointment of M. Imtiaz A. Wahid as Non-Executive Non-Independent Director to its Board of Directors with effect 1 December 2016.

Wahid is the Managing Director of Cargills (Ceylon) Plc, a part of the CTH Group, Sri Lanka’s leading retail and FMCG Company. He is an Associate Member of the Institute of Chartered Accountants of Sri Lanka and a Fellow Member of the Chartered Institute of Management Accountant (UK). Wahid has been involved in the operations of Cargills in an executive capacity at progressively higher levels spanning a period of 28 years, culminating in his appointment to his present position as Managing Director/Deputy CEO of Cargills in May 2010. 

He also has extensive overseas exposure, holding a number of senior management positions in overseas companies during his career. He is also a Director of Ceylon Theatres Ltd., also a subsidiary of CTH. 

Wahid led a defining transformation across the Cargills Group, having been a part of the entity since the inception of the retail business and the integration into food manufacturing and the restaurant sector. Commenting on his appointment, CT Holdings Chairman Louis Page said, “It is my great pleasure and privilege to welcome Mr. Wahid to the Board of CTH. He has been a pillar of strength across all Cargills businesses, providing a tremendous sense of assurance and confidence to all shareholders. His well-grounded knowledge about every sector of the food industry, from retailing to manufacturing, and his hands-on approach to the operation, with great attention to detail, makes him one of the most substantial yet silent contributors to the food industry of Sri Lanka. Well aligned with the vision of the founders, Mr. Wahid provides a pragmatic and current leadership to the corporate legacy of Cargills.”