Sriyan de Silva Wijeyeratne remains Abans CEO though moving out of Board

Sriyan de Silva Wijeyeratne will continue to be the CEO of Abans Plc though he has resigned from the Board as a Director.

In June, Abans Plc announced that via a Board resolution dated 18 June 2018, Wijeyeratne was appointed as CEO with effect from 16 August 2018. His resignation from the Board is effective same date with the Board accepting it by a resolution dated 29 August 2018. The change is to enhance the non-executive presence on the Abans Plc Board. Abans Plc also said that the Board approved the revocation of the appointment of Rusi Pestonjee as an alternate Director to Saroshi Dubash with effect from 1 August. Following these changes the Board of Directors Abans Plc comprises of Aban Pestonjee (Chairperson), Saroshi Dubash, Rusi Pestonjee, Behman Pestonjee (Alternate Director to Aban PEstonjee), H.C. Embuldeniya and R. Selvaskandan.