Savanth Sebastian new Chairman at Colombo City Holdings

Savanth Sebastian has been appointed as the Chairman of Colombo City Holdings PLC, a subsidiary of Ambeon Holdings Plc.

The Chairmanship of Colombo City Holdings was previously held by Ravi Abeysuriya until his demise late last year.

Sebastian has a wealth of experience in economics, financial services and investment management and currently also serves on the Boards of Directors of Nations Trust Bank PLC (6 years), Voguetex Ltd. and ArpicoAtaraxia Asset Management.

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 stakeholders – 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 & 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.

With the latest appointment, the Board of Colombo City Holdings PLC comprises S.L. Sebastian, A.W. Atukorala, K.S. Narangoda and Y. Kanagasabai.