Home / Front Page/ Krishantha quits SLT Board, Wegapitiya enters

Krishantha quits SLT Board, Wegapitiya enters


Comments / {{hitsCtrl.values.hits}} Views / Monday, 7 December 2015 00:38

Facebook

 

Untitled-2UNP Media Head and Working Committee member Krishantha Cooray has resigned from the Board of Sri Lanka Telecom as an Independent Non-Executive Director with effect from 1 December, the company said in a filing to the CSE last week.Filling the vacancy on the Board is W.K.H. Wegapitiya with effect from 2 December 2015.

Cooray was among three appointed to SLT Board after the change of Government by the then Minister of Telecommunications Mangala Samaraweera. The other two are Firdouse Farook and Nilanthi Pieris.

There was speculation that Farook had also resigned but SLT has not announced it as yet.  Cooray holds a BA (Hons) degree in Political Science and Law from the University of Middlesex. 

Wegapitiya previously served as a member of the SLT’s subsidiary Mobitel Board following the change of Government. In that connection, appointment to SLT Board is an upgrade for Wegapitiya.



He is the Chairman and Group CEO of Laugfs Gas Plc and parent Laugfs Holdings Ltd. He is an Executive Committee member of the Ceylon Chamber of Commerce, National Pay Commission and Council Member of the University of Sri Jayawardenepura. He was the Past Chairman of the Chamber of Young Lankan Entrepreneurs (COYLE) in 2010 and a former Director and Executive Council Member of the Federation of Chambers of Commerce and Industry (FCCISL).

He was adjudged as the Entrepreneur of the Year 2012 at the Asia Pacific Entrepreneurship Awards. He was also conferred National Gold award for Entrepreneurship in 2005 and was adjudged Entrepreneur of the Year in 2006 with the platinum award by the FCCISL.

Wegapitiya holds a Bachelor of Science in Business Administration Special Degree from the Sri Jayawardenepura University. He is also a holder of Master of Business Administration degree from the Post Graduate Institute of Management (PIM). At present he is reading for his PhD - Business Management from the PIM, University of Sri Jayawardenepura.

Following the change, the Board of Directors of SLT comprises P.G. Kumarasinghe Sirisena (Chairman), Chan Chee Beng, Jeffrey Jay Blatt, Lawrence Paratz, Lai Choon Foong, Chandra Ekanayake, Nilanthi Pieris, F. Farook and W.K.H. Wegapitiya.

Secretary to the Treasury owns 49.50% stake in SLT whilst Malaysian-owned Global Telecommunications Holdings NV owns 45% stake.


Share This Article

Facebook Twitter


DISCLAIMER:

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.

COMMENTS

Today's Columnists

Religion is a problem in Sri Lanka; can it be a solution?

Saturday, 17 August 2019

Generally, it is expected that religion should be a solution to a problem. Ironically in Sri Lanka religion is the problem. Therefore, what would be the solution? When religion becomes a problem of a country....


Orthodoxy and change: A perennial Muslim issue

Saturday, 17 August 2019

Whether Muslims live as minorities in non-Muslim countries or as majorities in a total of fifty seven countries, the clash of orthodoxy with modern challenges is a perennial issue that bedevils progress on several fronts in these communities.


Making the MCC Compact work for Sri Lanka

Friday, 16 August 2019

It is a sign of these political times that even an apolitical issue like a foreign aid program becomes a hot topic in Sri Lanka. In April 2019, the Board of Directors of the Millennium Challenge Corporation (MCC) approved a compact program for Sri La


Sri Lanka needs a president hungry for success, not power

Friday, 16 August 2019

The late John F. Kennedy described politics as a “noble adventure, an adventure in which one joins hands with the masses for the service of man”. Not that the Kennedys didn’t play “politricks” in their heyday. But playing “politricks” w


Columnists More

Special Report

SPECIAL REPORT MORE