New Deputy Chairman at Seylan Developments

Seylan Developments Plc yesterday announced that S. Palihawadana has been appointed as the new Deputy Chairman of the Company with effect from 17 February.

Previously he was a Director of the Company.

Seylan Developments also announced the appointment of M.K. Muthukumar as a Director from 17 February 2012.

He is an Attorney at Law with 35 years experience. Of that 20 years in banking sector. He was the Chief Legal Officer of Bank of Ceylon during 2010/11 and Chief Examiner in Law subjects at the exams conducted by the Institute of Bankers until 2011. He was a lecturer at the Training Institute of the Central Bank up to 2010 and lecture at the Institute of Advanced Legal Studies, Sri Lanka Law College. Muthukumar fills the vacancy created by the resignation of H.L. Gunasekara.