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Janashakthi Group Appoints Dilshan Wirasekara as Deputy CEO 15th August 2024, Colombo: Janashakthi Group is pleased to announce the appointment of Dilshan Wirasekara as Deputy CEO. With over 28 years of extensive experience in financial services and capital markets, Dilshan brings his proven mastery to this new role, enhancing the Group’s leadership team. Janashakthi Group’s recent strategic initiatives have significantly enhanced its financial performance and capital position, propelling sustained growth and solidifying its market leadership. With a clear vision for regional expansion, the Group is poised to leverage its strong foundation, stability, and experienced leadership to achieve international success as a dynamic financial conglomerate. Dilshan, as Group Deputy CEO, aims to support this ambitious endeavour. In addition to his new position, Dilshan will continue to serve as the Managing Director and CEO of First Capital Holdings PLC, a key member of the Janashakthi Group. Since joining First Capital in 2013, ...

Aug 16, 2024 Posted by In Articles Tagged , , ,
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First Capital Holdings Reports Robust Financial Performance for FY 2023/24 3rd June 2024, Colombo:  First Capital Holdings PLC (the Group), a leading investment institution, and a member of the Janashakthi Group, announces an outstanding financial performance for the fiscal year ended 31 March 2024, recording a Total Comprehensive Income of Rs. 10.1Bn, a significant increase from Rs. 2.7Bn in the previous year. This substantial growth underscores the Group’s strategic positioning and robust operational execution across its business divisions. The Primary Dealer division was the major contributor to the Group’s impressive financial results, reporting a Profit after Tax of Rs. 11.1Bn, a remarkable surge from Rs. 2.9Bn in the previous year. This performance was primarily driven by substantial trading gains on the government securities portfolio amounting to Rs. 15.8Bn and net interest income of Rs. 3.2Bn, compared to trading gains of Rs. 2.4Mn and net interest income of Rs. 3.6Bn in ...

Jun 3, 2024 Posted by In Articles Tagged , , ,
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First Capital Holdings PLC Appoints Kuda Herath to Board of Directors 30th April 2024, Colombo:  First Capital Holdings PLC, a member of the Janashakthi Group, announces the appointment of Kuda Banda Herath as an Independent Non-Executive Director to the Company’s Board of Directors, effective from 29th April 2024. Kuda Herath holds a bachelor’s degree in applied chemistry from the University of Kingston, London. He currently serves as an independent non-executive director of Central Finance Company PLC since February 16th, 2019. With a career spanning over 28 years in the fast-moving consumer goods industry in Sri Lanka, Kuda has commenced his journey at Nestle Lanka Limited, where he spent 16 years and held pivotal roles in manufacturing, sales, marketing, and global business excellence projects. Subsequently, he served as an Executive Director of A. Baur & Co. (Pvt.) Ltd. for 8 years, during which time he played a crucial role in establishing ...

May 1, 2024 Posted by In Articles Tagged , , , ,
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SEC and CSE complete third phase of digitalization initiative of stock market Source:Island A special market opening ceremony was organized by the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) under the patronage of Viraj Dayaratne, President’s Counsel, chairman of the SEC, to mark the third phase of digitalization of the Sri Lankan capital market and to celebrate the 35th anniversary of the SEC. The launch event, themed ‘Sri Lankan Capital Market – The Odyssey’, was also attended by Dilshan Wirasekara, chairman of the CSE, SEC Commission Members, Chinthaka Mendis, Director General of the SEC Naresh Abeyesekara, SEC/CSE Joint Committee Chairman for Digitalization, CSE Board of Directors and Rajeeva Bandaranaike, Chief Executive Officer of the CSE, stock broker firms, SEC management and CSE management. ...

Aug 21, 2022 Posted by In Articles Tagged , , ,
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