Nanda Ekanayake takes helm of INSEE Cement Sri Lanka
Sri Lanka’s foremost producer of cement, Siam City Cement (Lanka) Limited (SCCCL), known as INSEE Cement, announced changes to the composition of the company’s board of directors on May 15.
Nandana Ekanayake was appointed as the new Chairman of the board of directors. He will also continue in his position as the Chief Executive Officer (CEO) of the company.
Furthermore, Anuttara Panpothong and Mark Schmidt have been appointed as new directors. Aidan Lynam and Rizmy Richard will continue as directors of the SCCCL board. Paul Hugentobler who was the former Chairman of SCCCL and former directors, Siva Mahasandana, Vanchai Tosomboon and Pongpinit Tejagupta have stepped down.
Commenting on the change to the Board composition of SCCCL, Paul Hugentobler, Chairman of the board of directors Siam City Cement (Public) Company Limited in Thailand, said “I would like to take this opportunity to thank Siva Mahasandana, Vanchai Tosomboon and Pongpinit Tejagupta for the valuable contribution made over the last two and half years and also congratulate the new Chairman and the directors. I am confident that they will further strengthen the Sri Lankan operation,” he added. The changes to the board of directors of INSEE Cement Sri Lanka were announced soon after the group’s board meeting of Siam City Cement (Public) Company Limited in Thailand.
Nandana Ekanayake, the new Chairman of INSEE Cement, Sri Lanka was the Finance Director and Head of Divestment Projects of Siam City Cement (Vietnam) Ltd prior to his appointment as the CEO in Sri Lanka in March 2017 and has considerable experience in mergers, expansions and acquisition projects.
He is a Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants of Sri Lanka and is a Certified Public Accountant (CPA), Australia. He has received leadership training at the London Business School and International Institute for Management Development (IMD), Switzerland.