Sanjaya Mohottala promoted as BOI Chairman

Thursday, 10 December 2020 02:06 - - {{hitsCtrl.values.hits}}

Sanjaya Mohottala

Sanjaya Mohottala assumed duties yesterday as the 21st Chairman of the Board of Investment, the apex investment promotion agency.

Having previously served as BOI DG from March, under his guidance BOI developed a new road map defining the FDI strategy for Sri Lanka, introducing prioritised sectors and sub sectors, to transform the economic landscape of the country in line with the aspirations of President Gotabaya Rajapaksa, as articulated in his manifesto ‘Vistas of Prosperity and Splendour’.

Further, to support these thrust sectors, sector-specific tax incentives for investment were outlined in the Budget for the year 2021 and a simplified tax structure and consistent investment climate were guaranteed by the Government.

Whilst thanking the BOI team for the support extended to him and investors, especially during the onset of COVID-19, he invited all stakeholders of the BOI to join in making an effective contribution towards the economic upliftment of the country.

Mohottala expressed his gratitude to outgoing Chairman Susantha Ratnayake for his leadership and guidance which set the pace for the organisation in delivering the objectives set out by the country›s new leadership.

Prior to joining BOI, Mohottala was Managing Director and Partner at Boston Consulting Group with experience in Indo-Pacific, the EU and US. A Fulbright Scholar, he received his MBA from the UCLA Anderson School of Management, and holds a BSc. in Electronics and Telecommunication Engineering (with distinction) from the University of Moratuwa Sri Lanka. He is also a Management Accountant (CIMA - UK) and has a Post Graduate diploma in Marketing from Chartered Institute of Marketing (CIM – UK)

The BOI said it looked forward to fulfilling the Government›s ambitious economic goals under his leadership.