UDA Chair joins On’ally Board

Monday, 9 February 2026 04:20 - - {{hitsCtrl.values.hits}}

M.G. Hemachandra

On’ally Holdings PLC has appointed M.G. Hemachandra to its Board as a Non-Executive Director.

Hemachandra is a distinguished professional with experience in development policy analysis and formulation, economic development program and project design, implementation, and post-evaluation. He is a veteran in corporate governance, strategic planning, project management, procurement, and contract administration. He holds an MBA in Infrastructure and a Bachelor of Engineering (Hons) from the University of Moratuwa.

As Chairman of the Urban Development Authority (UDA), Hemachandra provides strategic leadership to transform Sri Lanka’s urban development framework. His key priorities include strengthening transparent and efficient governance, revitalising strategic and stalled urban development projects, enhancing investor confidence and public-private partnership initiatives, and modernising urban policy and planning in line with sustainable development goals, smart city concepts, and national economic priorities.

He is also focused on promoting integrated and sustainable urbanisation, driving digital transformation through e-governance, fostering multi-agency coordination, and ensuring urban development contributes directly to GDP growth, employment generation, and improved living standards.

Previously, he served as Chief of Yen Loan Operations at Japan International Cooperation Agency (JICA) Sri Lanka, overseeing development portfolios across water supply and sanitation, ports, airports, irrigation, agriculture, livestock, fisheries, and rural development sectors.

His earlier professional experience includes service as Senior Engineer at the National Water Supply and Drainage Board and Project Engineer at the Central Engineering Consultancy Bureau. He also sits on the Boards of Management and advisory councils of several prominent organisations.

In addition to serving as Chairman of the UDA, Hemachandra also serves as Chairman of Urban Investment & Development Company Ltd., as a Non-Executive Director of Colombo Land & Development Company PLC, and as a Director of Lanka Rest Houses Ltd., Ocean View Development Ltd., Urban Settlement Development Authority, Waters Edge Ltd., and the Tea, Rubber and Coconut Estates (Control of Fragmentation) Board.