Fairway appoints new Group CEO

Thursday, 1 September 2016 00:00 - - {{hitsCtrl.values.hits}}

Fairway Holdings, established by well-known entrepreneur Hemaka de Alwis, is preparing to go to the next level of corporate dynamism by strengthening its management team.

As a home-grown Sri Lankan corporate, Fairway Holdings is known for its pioneering spirit and rapid growth. Continuous innovation and consciously raising the bar has been the cornerstone of our success.

Its visionary approach and steadfast commitment to integrity has not only brought uniqueness in what is offered to its customers but has also won it customer trust. This trust has transformed into unwavering loyalty over the years due to the high standards of quality it has maintained.

The rich legacy of Fairway Holdings in residential and commercial high rise developments dates back to 2007 with already completed multiple projects such as ‘The Fairway on the Waterfront,’ The Fairmount and Fairway Sky Gardens. To date it has successfully handed over 300 plus much sought after vertical living solutions to its valued customers.

This figure is set to climb rapidly in the coming years, reaching a total of 770 now in the pipeline, as its ongoing projects – the Elements, Fairway Galle, Urban Homes Fairway Koswatta and its latest project in Kirulapone – draw to completion in the next couple of years.

Extending its business acumen into a plethora of diverse ventures, today it maintains interests in leisure, aviation, trading, pharmaceuticals, bio technology, and financial services. A key feature of its diversification success has been its ability to attract and sustain some of the best human capital from the relevant industries.

Imal Fonseka will join the Company as Group CEO. He was formally the CEO of Ceylon Biscuits and the Managing Director of Hemas Consumer Brands. He has served on the boards of the Sri Lanka Insurance Corporation, Sri Lanka Investment Holdings, Chevron Lubricants (Lanka) and Eureka Technology Partners.

He is the first Sri Lankan to be invited to serve on the jury panel of EFFIES Asia-Pacific, Middle East and North Africa, as well as EFFIES Global. Imal has had his postgraduate education at the Indian School of Business and executive education at the Kellogg School of Management (Northwestern University), the University of Pennsylvania’s Wharton School and Fundação Dom Cabral (Brazil).