Annual Report 10/11 - ACL Cables PLC
Annual Report 10/11 - ACL Cables PLC
Annual Report 10/11 - ACL Cables PLC
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<strong>ACL</strong> <strong>Cables</strong> <strong>PLC</strong> <strong>Annual</strong> <strong>Report</strong> 20<strong>10</strong>/<strong>11</strong>Board of DirectorsMr. Ajit JayaratneDirectorMr. Ajit M. de S. Jayaratne had his educationat Royal College, Colombo. He holds a B.Sc.(Economics) Degree from Southampton Universityand is a fellow member of the Institute ofChartered Accountants, England & Wales and alsoa fellow member of the Institute of CharteredAccountants, Sri Lanka. Mr. Jayaratne was theChairman of Forbes & Walker Limited, TheColombo Stock Exchange, The Ceylon Chamberof Commerce and The Finance Commission. Mr.Jayaratne also served as the High Commissioner ofSri Lanka in Singapore sometime ago. He is now aDirector of Singer Sri Lanka Ltd, Singer IndustriesLtd., Colombo Fort Land & Building Co. Ltd.,Colonial Motors Ltd., Overseas Realty (Ceylon) Ltd. and C.W. Mackie & Co. Ltd. Mr. Jayaratne wasappointed to the Board of Directors of <strong>ACL</strong> <strong>Cables</strong> <strong>PLC</strong> in November 2005.Mr. Hemaka AmarasuriyaDirectorMr. Hemaka Amarasuriya is currently the Chairmanof the Singer Group of Companies in Sri Lankaand a Senior Vice President of Retail Holdings Ltd.,U.S.A., Singer’s parent company. He is a fellowmember of the Institute of Chartered Accountantsof Sri Lanka and of the Chartered Institute ofManagement Accountants, U.K. He also holds aHonorary Fellowship from the Chartered Instituteof Marketing, U.K. and a Diploma in MarketingStrategy from the University of New York.He is on the Directorate of other listed companiessuch as NDB Bank <strong>PLC</strong>, C.W. Mackie <strong>PLC</strong> and nonlistedcompanies such as Bata Shoe Co. Ceylon,Equill Ltd, TNL Radio Network (Pvt) Limited, Amariya Resorts (Pvt) Ltd., Micro Cars (Pvt) Ltd. &NDB Capital Bangladesh. Since holding the Chair of the Singer Group in Sri Lanka, he built thisinstitution to regularly be among LMD’s top 20 Corporates in Sri Lanka for an unbroken sequenceof 12 years, while earning the status for Singer as the “Most Powerful Brand in Sri Lanka” and thevote as the “Most Popular Brand” for 5 consecutive years by Peoples Choice.He was recognized by the Asia Retails Congress 2007 with the “Retail Leadership Award” for hiscontribution to retailing in Asia and by the Chartered Institute of Marketing U.K. as a “VisionaryBusiness Leader” for his invaluable contribution to the Marketing Profession in initiatingrevolutionary changes in the Consumer Market.14
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