Business Times

Lalith de Mel to be Chairman of First Capital

First Capital Holdings PLC has announced the appointment of Lalith de Mel, currently chairman at Hemas Holdings, as non-executive Chairman subject to approval by shareholders and the appointment of Eardley Perera as an independent non-executive director.

Lalith de Mel (left) and Eardley Perera

Mr de Mel has also served as Chairman of Sri Lanka Telecom and Reckitt Benckiser Lanka, Director General of the Board of Investment of Sri Lanka and as a Director of John Keells Holdings and People’s Bank.

Mr Perera serves on the boards of a number of leading corporate institutions including Janashakthi Insurance PLC, ODEL PLC, Keells Food Products PLC and STING Consultants (Pvt) Ltd. He is the Chairman of M & E (Private) Limited.

“The depth of knowledge and experience these gentlemen have to offer would be invaluable to the growth of First Capital,” said Manjula Mathews, the group’s Managing Director. “First Capital is well positioned to contribute to the growth of Sri Lanka’s rapidly evolving financial services sector, and these appointments are most timely.”

Consequent to shareholder approval of Mr. de Mel’s appointment, the Board of Directors of First Capital Holdings PLC will comprise Lalith de Mel (Chairman), Manjula Mathews, Dinesh Schaffter, Nihara Rodrigo and A. D. E. I. Perera.

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