Annual Report 2011 - Colombo Stock Exchange

REPORT OF THE DIRECTORS (Contd.)DirectorateThe Board of Directors of the Company as at date is set out on page number 01 titled “Corporate Information”.There were no changes in the Directorate during the year under review. The Directors of the Company who heldoffice during the year under review and as at the end thereof are set out below:- Dr.P M Gunasekera- Mr. H A D U G Gunasekera- Mr. A N U Jaywardena- Mr. G R Pathmaraj- Mr. G W Hewawithana- Mr. T N Jayasinghe- Prof. R M S W Ranasinghe- Mr. R de ZilwaUNION CHEMICALS LANKA PLC2 0 1 1 - A N N U A L R E P O R TMr. Ainsley Nimal Ubesinghe Jayawardene who is 75 years of age vacates his office in terms of the provisions ofSection 210 of the Companies Act No.7 of 2007.Notice is given by the Company to its shareholders of the intention to move an Ordinary Resolution for the reappointmentof Mr. A N U Jayawardene as a Director of the Company, in terms of the provisions of Section 211 ofthe Companies Act No. 7 of 2007 and is referred to in the Notice convening the Annual General Meeting for theyear 2012.In terms of Article 84 of the Articles of Association of the Company Mr Russel De Zilwa, Director, retires byrotation and being eligible is recommended by the Board of Directors for re-election by the Members at theAnnual General Meeting for the year 2012.In terms of Article 84 of the Articles of Association of the Company Mr. Gothama Waruna Hewawithana,Director, retires by rotation and being eligible is recommended by the Board of Directors for re-election by theMembers at the Annual General Meeting for the year 2012.Board Sub - CommitteesThe following Board Sub-Committees have been established by the Company:Audit CommitteeMr. T N JayasingheMr. R. De ZilwaProf. R M S W RanasingheRemuneration Committees:Prof. R M S W RanasingheMr. R. De ZilwaMr. T N Jayasinghe- Chairman- Chairman9