Board of Directors

Our Board of Directors comprises a well-balanced mix of professionals with extensive expertise in finance, corporate management, and business strategy. The Board includes one Executive Director and seven Non-Executive Directors, four of whom are Independent. This diversity of experience ensures effective oversight and strategic direction for the company.

S.D.R. Arudpragasam
FCMA (U.K.)

Mr. S.D.R. Arudpragasam whilst being associated with The Colombo Fort Land & Building Group of companies since 1982 joined the Board in the year 2000, was appointed Deputy Chairman in November 2011 and as Chairman on 1st July 2022. He serves as Chairman of several subsidiaries of The Colombo Fort Land & Building PLC including C M Holdings PLC and Lankem Ceylon PLC. He also functions as Chairman/ Managing Director of E.B. Creasy & Company PLC, in addition to serving on the Boards of other companies in The Colombo Fort Land & Building Group. Mr. Arudpragasam is a Fellow of the Chartered Institute of Management Accountants (UK).

Mr. C.P.R. Perera was appointed to the Board in May 2013 and was appointed Deputy Chairman with effect from 1st July 2022. He serves on the Boards of several subsidiaries of the CFLB Group and also holds directorships in other private and public companies. He retired as Chairman of Forbes & Walker Ltd. and its subsidiary companies in June 2005 after almost 44 years of service. He is a past Chairman of the Sri Lanka Tea Board, Sri Lanka Insurance Corporation, PERC and Bank of Ceylon. Mr. Perera having held the Office of Chairman of Ceylon Tea Brokers PLC until 1st April 2022 continues to serve as a Non-Executive Director of the said Company. Mr. Perera has served as a Committee Member of the Ceylon Chamber of Commerce, The Planters Association of Ceylon, and on the Committee of Management of the Ceylon Planters Provident Society.

Anushman Rajaratnam
B.Sc (Hons.), CPA, MBA

Mr. Anushman Rajaratnam joined the Board in November 2011 and functions in the capacity of Group Managing Director of The Colombo Fort Land & Building PLC since January 2017. In addition, he serves on the Boards of several subsidiary companies of the CFLB Group. Prior to joining the CFLB Group, he worked oversees for a leading global Accountancy Firm. He holds a Bachelor of Science degree in Economics from the University of Surrey, UK, CPA Australia and MBA from the Massachusetts Institute of Technology, USA.

A.M. de S. Jayaratne
B.Sc. (Econ.), FCA (Eng. and Wales), FCA (ICASL)

Mr. A.M. de S. Jayaratne joined the Board in 2005. He was a former Chairman of Forbes & Walker Limited, Colombo Stock Exchange, Ceylon Chamber of Commerce and The Finance Commission. He also served as Sri Lanka’s High Commissioner in Singapore. Mr. Jayaratne is a Director of several listed and unlisted companies. He holds a Bachelor of Science degree in Economics and is a Fellow of the Institute of Chartered Accountants of England and Wales and Sri Lanka.

P.M.A. Sirimane
FCA, MBA

Mr. P.M.A. Sirimane was appointed to the Board in May 2017 and currently serves in the capacity of an Independent Non-Executive 6 Director. He is a Fellow of the Institute of Chartered Accountants of Sri Lanka and also holds a Master’s in Business Administration from the University of Swinburne, Victoria, Australia. Mr. Sirimane also serves on the Boards of several subsidiary companies in the CFLB Group. Amongst other senior positions he has functioned as Managing Director/CEO of Mercantile Leasing Ltd., Group Finance Director of United Tractor & Equipment Ltd., Chief Finance Officer of Sri Lanka Telecom Ltd., and Director of SLT Hong Kong Ltd. He has served as a Member of several Committees of the Institute of Chartered Accountants of Sri Lanka and was an ex-officio member of the International Leasing Association.

Sanjeev Rajaratnam
B.Sc., CA

Mr. Sanjeev Rajaratnam was appointed to the Board in May 2017. He holds a Bachelor of Science Degree in Business Administration from Boston College, U.S.A. and is a member of the Institute of Chartered Accountants in Australia. He was appointed Joint Managing Director of E.B. Creasy & Company PLC in April 2018 and holds other Directorships in The Colombo Fort Land & Building Group.

A.R. Rasiah
B.Sc. (Cey.), FCA

Mr. A. R. Rasiah was appointed to the Board with effect from 8th June 2023. He functions as a Non-Executive Director of the E. B. Creasy Group of Companies, and on some of the Boards of the Hotels Sector in The Colombo Fort Land & Building Group.

ÂMr. Rasiah is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and finalist of the Chartered Institute of Management Accountants (UK). He holds a Bachelor of Science Degree from the University of Ceylon.

ÂMr. A.R. Rasiah’s illustrious career both in finance and commerce spans over forty years. He started his career with Ernst and Young and later served at Mercantile Group of Companies and Almulla Group of Companies, Kuwait. Finally, he joined Nestle Lanka PLC as Director Finance in 1994 and was with the Group until his retirement in 2005. He was formerly Chairman of Atlas Axillia (Pvt) Ltd., Chairman of the Sri Lanka Institute of Directors and Senior Director of Nations Trust Bank PLC. Currently Mr. Rasiah functions as the Chairman of Hela Apparel Holdings PLC, Alternate to Chairman of Gestetner of Ceylon PLC, and as a Director of Fintek Managed Solutions (Pvt) Ltd. and Clindata Lanka (Pvt) Ltd. He is also a keen sportsman who represented Sri Lanka at Table Tennis.

Amrit Rajaratnam
LLB (Notts.), Barrister-at-Law

Mr. Amrit Rajaratnam was appointed to the Board on 29th November 2023. He holds a Bachelor’s Degree in Law from the University of Nottingham and is a Barrister-at-Law (Lincoln’s Inn). He began his career at the Law Firm Julius & Creasy and later joined Lankem Ceylon PLC. He also serves as Director of York Arcade Holdings PLC in addition to holding other Directorships in The Colombo Fort Land & Building Group.