Tuesday, 25 February 2014 00:00
Ishara Nanayakkara has been appointed o the Board of Lanka Century Investments Plc (formerly ERI).
A filing to the CSE said that Nanayakkara is an astute businessman who holds directorial positions in many corporates and conglomerates in Sri Lanka.
He ventured into the arena of financial services with the strategic investment in LOLC Plc and was appointed to the Board in 2002. Today as Deputy Chairman of LOLC Group he straddles a conglomerate that encompasses financial services, agriculture and plantation, leisure, renewable energy, construction, manufacturing and trading.
Nanayakkara has extensive exposure in both banking and non-banking financial services. He is the Chairman of Commercial Leasing and Finance Plc and Executive Director of Lanka Orix Finance Plc and is the Deputy Chairman of Seylan Bank Plc. He is also the Executive Chairman of Brown and Company, the holding company of Browns Group, a conglomerate with leading market position in trade, leisure, manufacturing, consumer appliances and agriculture equipment.
Nanayakkara holds a diploma in Business Accounting from Australia ad is a Director of Ishara Group.
Following the appointment, Board of Directors of Lanka Century Investments Plc comprises of A.G. Weerasinghe (Chairman), E. Wikramanayake (Deputy Chairman/Executive Director), K.T. Ehler, D.S.K. Amarasekera, R.P. Sugathadasa, T. Scanlan and I.C. Nanayakkara.