Ray appointed to Lanka Ventures Board of Directors

Thursday, 13 October 2011 00:03 - - {{hitsCtrl.values.hits}}

Young professional Ray Abeywardena has been appointed to the Board of Directors of Lanka Ventures Plc.

Abeywardena is the Group Managing Director and CEO of Acuity Partners, a joint venture investment banking firm equally owned by the DFCC Bank and Hatton National Bank. DFCC Bank owns nearly 80% stake in Lanka Ventures.

The LVL appointment for Abeywardena comes hot on the heels of him being invited to serve on the Board of Asian Alliance Insurance last month. He also serves as Deputy Chairman Acuity Stockbrokers Ltd., Director at Acuity Securities Ltd and Guardian Acuity Asset Management.

Abeywardena counts over 25 years work experience in the capital markets in Sri Lanka initially in the stock broking industry and subsequently in investment banking (since 2009). He holds a Master of Business Administration (MBA) from the University of Wales and Post Graduate Diploma in Marketing CIM – UK.

Abeywardena was the Managing Director: of DFCC Stockbrokers Ltd (now Acuity Stockbrokers Pvt. Ltd.) when the firm was ranked the number one stock broker in Sri Lanka in 2008. The Acuity Group of Companies consists of the following entities Lanka Ventures PLC, Acuity Stockbrokers, Acuity Securities, Acuity Corporate Finance and Guardian Acuity Asset: Management, a joint venture (equally owned) firm with Guardian Asset Management Ltd.

With the appointment of Abeywardena, the Board of Directors of Lanka Ventures Plc comprises A.N. Fonseka (Chairman), J.D.N. Kekulawela, J.M.J. Perera, T.L.F.W. Jayasekara, S.E. De Silva, T.W.De Silva, A.R. Munasinghe and M.R Abeywardena.