Myland gets new Chairperson

Wednesday, 31 December 2025 00:02 - - {{hitsCtrl.values.hits}}

Savanth Sebastian

Myland Developments PLC has appointed Independent, Non-Executive Director Savanth Sebastian as Chairperson of its Board.

Sebastian has a wealth of experience in economics, financial services and investment management and presently serves as Chairman of Colombo City Holdings PLC and Director of Ambeon Capital PLC, Ambeon Holdings PC, Voguetex Ltd., and Arpico Ataraxia Asset Management. He also served on the Board of Directors of Nations Trust Bank PLC.

Sebastian brings with him 21 years of industry experience, having carried out responsibilities for nine years as the Senior Economist within the Global Markets research team at Commonwealth Bank in Australia, advising Federal and State Governments, high net worth private and institutional clients, and internal stake holders, including Colonial First State and the Commonwealth Bank senior leadership team.

Prior to this, he spent four years working in and then managing the international trading desk for Commonwealth Securities, the stock broking division of Commonwealth Bank, Australia which transacted across 31 international markets. While in the role he was responsible for the facilitation of Strategic Trading Accounts, allowing CBA Treasury to manage risk and drive an alternative source of revenue.

He holds a Bachelor of Commerce in Actuarial Studies and Finance, is an Accredited Advisor of the Australian Stock Exchange, and a Master Practitioner of the Australian Stockbrokers and Financial Advisers Association.

Sebastian has published numerous research reports for institutional clients covering domestic and global macroeconomic policy and analysis of equity markets.