Janashakthi Group (JXG) has appointed Minette Perera and Vishnu Balachandran to Board of Directors
06th May 2024, Colombo: Janashakthi Group (JXG) has appointed Minette Perera and Vishnu Balachandran as Independent, Non-Executive Directors to the Company’s Board of Directors.
Minette Perera has a distinguished career as the former Group Finance Director of the MJF Group, where she played a pivotal role in managing finance functions across a vertically integrated tea operation. During her employment with the MJF Group, Minette was appointed a Director of the MJF Group of Companies, including MJF Holdings Limited. She continues to hold board positions in several companies within the MJF Group. Additionally, she has served as a Director on the Board of First Capital Group, and Orient Finance PLC. Her expertise spans over 40 years, during which she has held CFO and Finance Director positions in leading local and international companies. Minette is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, the Chartered Institute of Management Accountants of the UK, and the Association of Chartered Certified Accountants of the UK.
Vishnu Balachandran has an extensive background in investment banking, having served as the Head of Investment Banking (Executive Vice President) at Capital Alliance Partners Limited, a prominent investment bank in Sri Lanka. His skills in Corporate Finance, Valuation, Financial Analysis, Equity Research, and Equity Valuation are well-established. Vishnu’s previous experience at Amba Research and Kreston MNS & Co. further enhances his knowledge and capabilities in the finance industry. He holds a Bachelor’s degree in Finance from the University of Colombo.
With this appointment, Janashakthi Group’s distinguished Board of Directors comprises Chandana De Silva (Group Chairman), Prakash Schaffter (Deputy Chairman), Eardley Perera (Independent Non-Executive Director), Saliya Wickramasuriya (Independent Non-Executive Director), Nathan Sivagananathan (Independent Non-Executive Director), Vishnu Balachandran (Independent Non-Executive Director), Minette Perera (Independent Non-Executive Director), and Manjula Mathews (Non-Independent Non-Executive Director), with Ramesh Schaffter serving as the Managing Director and Group CEO.
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Photo Caption
Image 1 – Minette Perera
Image 2 – Vishnu Balachandran
About Janashakthi Group (JXG)
Janashakthi Group (JXG) is a financial conglomerate with a diversified presence spanning the Insurance, Finance, and Investment sectors. Each of the Group’s core businesses stands as a formidable leader in their respective industries. The Janashakthi Group comprises First Capital, Janashakthi Life, Orient Finance, and Janashakthi Foundation.
First Capital Holdings PLC is a pioneering investment institution in Sri Lanka with a diverse product portfolio that includes Government Securities, Unit Trusts & Asset Management, Corporate Finance & Advisory, Corporate Debt Securities, and Stock Brokering. First Capital embraces a ‘Performance-First’ ethos and envisions improving the lives of all Sri Lankans through financial solutions.
Janashakthi Insurance PLC, also known as Janashakthi Life specializes in innovative life insurance products and services, catering to the diverse needs of its clientele. Staying true to its corporate purpose of ‘uplifting lives and empowering dreams’, Janashakthi Life has always strived to deliver greater value to all its stakeholders ethically and transparently.
Orient Finance PLC offers a wide range of financial services in the NBFI sector, including the mobilization of deposits, savings accounts, leasing, gold loans, alternative finance solutions, and corporate financing. Orient Finance PLC has established itself as a customer-focused financial service provider that prioritizes innovation and offers exceptional customer service.
Janashakthi Foundation, the philanthropic arm of the Group, is dedicated to making a positive impact on the community through its commitment to three key pillars: sports, education, and community. Recognizing the transformative power of these pillars, Janashakthi Foundation actively supports initiatives that contribute to the well-being and development of society.
