The Colombo Stock Exchange made the announcement on Friday June 23rd 2023.
De Silva, succeeds Thirunavakarasu Someswaran who chaired the company for five years since 2018.
De Silva possesses over four decades of managerial and financial experience in multiple disciplines and competencies in the UK and Sri Lanka including a competent track record in strategic leadership.
In the UK, De Silva rose to the position of Chief Financial Officer for Europe of Level (3) Communications, a Nasdaq quoted company, while in Sri Lanka, he held a variety of roles at MAS Holdings since 2002.
Prior to his retirement in 2011, he functioned as the CEO of MAS Investments Division.
His current appointments include Chairman of Janashakthi Limited (the holding company of the Janashakthi Group) and a member of the Board of Directors of First Capital Holdings PLC, First Capital Treasuries PLC, Eureka Technologies (Pvt) Limited and 24/7 Techies (Pvt) Limited.
De Silva is an Independent Non-Executive Director and Consultant in multiple corporates.
A Fellow of the Institute of Chartered Accountants in England and Wales and in Sri Lanka, de Silva has a Bachelor of Science in Mathematics and Management from the University of
London.
He serves in an honorary capacity as a Director for the Center for Policy Alternatives and a Trustee of Lanka Environment Fund.
In a statement, a spokesperson for Asia Siyaka Commodities said,
“We greatly appreciate the leadership and direction given by Mr T Someswaran over the last five years in steering the Company to great heights despite a very challenging era.
We now look forward to a new chapter being written for Asia Siyaka Commodities under the able leadership of our new Chairman Chandana de Silva.
His illustrious corporate journey which includes a wealth of experience in strategic leadership and astute financial and management expertise, will undoubtedly add immense value to our journey ahead.”
About Asia Siyaka Commodities
Established in February 1998 with a clear mission to serve as a reliable and value-adding exchange facilitator in the tea broking industry, Asia Siyaka Commodities is a licensed tea, rubber and commodity broker and a leading market intermediary in the tea industry.
Listed on the Colombo Stock Exchange in 2012, the Company holds a market share of 15 percent and is the second largest tea broker in the country, working closely with over 200 factories across the island.
Photo Caption Chairman of Asia Siyaka Commodities Chandana de Silva.