Financial Times - Tea Tang's Dayananda takes over at B. P. de Silva, Ceylon Chamber of Commerce

Tea Tang Chairman Mahen Dayananda, who founded the company and has been chairman since 1992, has on his own accord, relinquished office with effect from June 30 but will be chairman of B. P. de Silva Investments Ltd playing a bigger role in the group’s tea-related business, the company said.

Dayananda, vice chairman of the Ceylon Chamber of Chamber (CCC), also takes over as CCC chairman at the chamber’s annual general meeting this week – after incumbent chairman Deva Rodrigo completes two terms. He served as Managing Director from the commencement of the business in 1980 and has been largely responsible for Tea Tang’s achievements during the company’s 27-years history . “Dayananda will continue as a Non-Executive Director of Tea Tang and advice the chairman and the Board of Directors with his vast knowledge and business experience,” a company statement said.

It said the board elected Sunil Tissa Amarasuriya, Chairman of Group Holdings, to hold the office of Chairman of Tea Tang with Mohan Mendis as the Deputy Chairman. The composition of the Board remains unchanged, it said.