Preethi Jayawardena at helm of SL Institute of Directors

Preethi Jayawardena has been elected unanimously as the new Chairman of the Sri Lanka Institute of Directors for the year 2017/ 18 after Ms. Shiromal Cooray completed her term as Chairperson.

The other officials elected to the Council at the recently- held AGM are Rasakantha Rasiah as Senior Vice Chairman, Faizal Salieh as Vice Chairman and Ms. Dilani Alagaratnam, Ms. Aroshi Nanaya k k a r a , D i n e s h We e r a k ko dy, Prakash Schaffter and Vi s h Govindasamy. Dilshan Rodrigo was elected to fill the vacancy created by Council Member Ms. Nilanthi Sivapragasagam.

In his first address as SLID Chairman, Mr. Jayawardena acknowledged the many contributions made by past Council members to the development of SLID, according to a media release issued by the institute.

Speaking on the economy, he stressed on the importance of foreign direct investment and how it is essential in the expansion of the country's economic growth. "The abundance of resources present in Sri Lanka and the converse lack of foreign funding do not match up well, given the potential for growth displayed by our private sector".

In his opening remarks,

Speaking on the economy, he stressed on the importance of foreign direct investment and how it is essential in the expansion of the country's economic growth. "The abundance of resources present in Sri Lanka and the converse lack of foreign funding do not match up well, given the potential for growth displayed by our private sector".

Chief Guest - Minister Dr. Sarath Amunugama explained that Sri Lanka's unique social structure makes way for a different structure of ownership which is different from the known structure of where the rich and powerful run all of the private sector, to one where many invest and participate at the top level of the private sector and collectively reap the benefits of its growth; moving the private sector regime of Sri Lanka from capitalistic moguls to that of modern corporations.