Home / Business/ INSEE Cement Sri Lanka appoints Nandana Ekanayake as Chairman of Board

INSEE Cement Sri Lanka appoints Nandana Ekanayake as Chairman of Board

Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 22 May 2019 00:00



Sri Lanka’s foremost producer of cement, Siam City Cement (Lanka) Limited (SCCCL), known as INSEE Cement, announced changes to the composition of the Company’s Board of Directors on 15 May.  

INSEE Cement, Sri Lanka CEO - Nandana Ekanayake

Nandana Ekanayake was appointed as the new Chairman of the Board of Directors. He will also continue in his position as the Chief Executive Officer (CEO) of the Company. 

Furthermore, Anuttara Panpothong and Mark Schmidt have been appointed as new Directors. Aidan Lynam and Rizmy Richard will continue as Directors of the Board of SCCCL.  

Paul Hugentobler who was the former Chairman of SCCCL and former Directors, Siva Mahasandana, Vanchai Tosomboon and Pongpinit Tejagupta have stepped down.  

Commenting about the change to the Board composition of SCCCL, Chairman of the Board of Directors Siam City Cement (Public) Company Limited in Thailand Paul Hugentobler said: “I would like to take this opportunity to thank Siva Mahasandana, Vanchai Tosomboon and Pongpinit Tejagupta for the valuable contribution made over the last two and half years and also congratulate the new Chairman and the Directors. I am confident that they will further strengthen the Sri Lankan operation,” he added. 

The changes to the Board of Directors of INSEE Cement Sri Lanka were announced soon after the Group’s Board Meeting of Siam City Cement (Public) Company Limited in Thailand.   

Nandana Ekanayake, the new Chairman of INSEE Cement Sri Lanka was the Finance Director and Head of Divestment Projects of Siam City Cement (Vietnam) Ltd., prior to his appointment as the CEO in Sri Lanka in March 2017, and has considerable experience in mergers, expansions and acquisition projects.  

He is a Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants of Sri Lanka and is a Certified Public Accountant (CPA), Australia. He has received leadership training at the London Business School and International Institute for Management Development (IMD), Switzerland.  

Share This Article

Facebook Twitter


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 Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.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

Politics and governance in need of radical change

Monday, 26 August 2019

 The very concept of an institutionalised political party and fans who blindly support it (under any circumstance) – raises serious questions about human intelligence. Human intelligence has powered great pursuits such as Artificial Intelligence a

Go digital now

Monday, 26 August 2019

It’s a no brainer. An agency head I know recently said to me: “The jury is still out on the impact of digital advertising on client business in Sri Lanka.” I said: “What makes you say that.” He was clear. He said: “No numbers to support i

No bourgeoisie, no democracy

Monday, 26 August 2019

In the dark, forbiddingly bleak topography of our dysfunctional democracy, the emergence of the National People Power (NPP) coalition is a refreshingly propitious development. The centre-left intelligentsia could not resist comparing it to the mass

STG who became SDG of the Central Bank

Monday, 26 August 2019

When Dr. S.T.G. Fernando, fondly known as STG, was appointed as Director of Economic Research of the Central Bank in 1979, his fame – or perhaps, notoriety – as a hard taskmaster had travelled to us in the Department before he made his physical p

Columnists More

Special Report