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Annual Report 2010-2011 - Colombo Stock Exchange

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The Board of Directors<br />

[1] Dr. Sena Yaddehige<br />

Chairman/Managing Director/Chief<br />

Executive Officer<br />

Dr. Sena Yaddehige is a Sri Lankan born<br />

British Scientist/Engineer and a UK<br />

based industrialist. He is the Managing<br />

Director of an European Company,<br />

which is part of a group involved in<br />

the development of high technology,<br />

automated manufacturing, and export<br />

of automotive components and systems<br />

to Europe, China and the United States.<br />

He holds a large number of worldwide<br />

patents on radiation processing,<br />

contactless sensors and drive by wire<br />

systems along with a Srilankan patent for<br />

slow release fertilizer.<br />

He is Founder, Chairman and Director of<br />

numerous companies in Sri Lanka and<br />

abroad.<br />

Dr. Yaddehige is the Chairman of the<br />

Richard Pieris Group of Companies<br />

comprising 5 Listed Companies and<br />

almost over 45 companies wholly or<br />

majority owned by Richard Pieris and<br />

Company PLC. He was appointed<br />

to the Board of Directors of National<br />

Development Bank PLC in December<br />

2007 and was in the directorate until his<br />

resignation from the Bank in November<br />

<strong>2010</strong>.<br />

Dr. Yaddehige was conferred with Doctor<br />

of Science (D.Sc.) in consideration of<br />

his original research work in the fields<br />

of Radiation, Radiation processing,<br />

Electromechanical Sensor technology,<br />

non contact sensor technology and<br />

automotive pedal systems along with<br />

numerous patents in the above fields.<br />

[2] Mr. J. H. P. Ratnayeke<br />

Mr. Paul Ratnayeke is a Senior<br />

Corporate Lawyer who is also the<br />

precedent partner of Paul Ratnayeke<br />

Associates, a leading law firm in<br />

Sri Lanka which he founded in<br />

1987 handling all areas of law and<br />

international legal consultancy work.<br />

Mr. Ratnayeke is a Solicitor of England<br />

and Wales and an Attorney - at - Law<br />

of the Supreme Court of Sri Lanka.<br />

He holds a bachelors degree in law<br />

with honours and has been awarded a<br />

Masters Degree in Law by the University<br />

of London.<br />

Currently Mr. Ratnayeke holds<br />

directorships in several companies of<br />

which 8 are public quoted companies.<br />

He has also been elected/appointed as<br />

Chairman/ Deputy Chairman to several<br />

of these companies.<br />

At Paul Ratnayeke Associates, he<br />

specializes in corporate and commercial<br />

areas of law including mergers and<br />

acquisitions, aviation, insurance and<br />

maritime law.<br />

[3] Prof. Lakshman R. Watawala<br />

Prof. Lakshman R. Watawala is a<br />

Fellow of the Institute of Chartered<br />

Accountants of Sri Lanka, Fellow of<br />

the Institute of Certified Management<br />

Accountants of Sri Lanka and Fellow of<br />

the Chartered Institute of Management<br />

Accountants in UK. He is the Former<br />

Chairman and Director General of<br />

the Board of Investment of Sri Lanka,<br />

former Chairman of People’s Bank,<br />

People’s Merchant Bank, State Mining<br />

and Mineral Development Corporation<br />

and the Ceylon Leather Products<br />

Corporation and a Committee Member<br />

of the Ceylon Chamber of Commerce.<br />

He is also President of the Institute of<br />

1 2 3<br />

The Board of Directors<br />

Richard Pieris and Company PLC | <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>/<strong>2011</strong> 12

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