Company Release

Mohan Pandithage appointed Chairman-designate, Hayleys Group of Companies - January 22, 2009


Hayleys PLC ( www.hayleys.com ) of Sri Lanka has announced that Mr. Mohan Pandithage will take office as Chairman & Chief Executive of the Company on 1 st July 2009 .

Incumbent Hayleys Chairman & Chief Executive Mr. N.G. Wickremeratne is retiring from the Company on June 30th and Mr. Mohan Pandithage will succeed him. This was confirmed at a meeting of the Company’s Board of Directors on January 21, 2009 .

Mohan Pandithage currently serves as Deputy Chairman of Hayleys and is the CEO of the Hayleys Advantis Ltd,(www.hayleysadvantis.com) the Group’s Transportation & Logistics business sector subsidiary.

"Mr. Pandithage has been associated with the Group for many years and I have faith that he and the Board of Directors will steer Hayleys in the years ahead in accordance with its long-established culture and traditions’ N.G. Wickremeratne has said in announcing this succession.

Mr. Pandithage began his career with Hayleys as a Management Trainee in 1969. Serving in several positions of increasing responsibility he was appointed Managing Director of Hayleys Advantis in 1988. In 1998 was he elected a Board Director of Hayleys and in January 2007 was appointed Deputy Chairman of Hayleys PLC.

Mr. Pandithage has been associated with the transportation & logistics industry for nearly 4 decades and represents its interests in several local and international forums.

He is a member of the American Bureau of Shipping; the SRILPO (Trade Facilitation) Committee and of several Chambers of Commerce. He has served as Board Director of Sri Lanka Ports Authority, Jaya Container Terminals Ltd and is currently a Director of Sri Lanka Port Management Consultancy Services Ltd. He is a former Chairman and Vice Chairman of the Ceylon Association of Ships’ Agents. Mr. Pandithage was a djudged the Best Shipping Personality in 2004 by the Institute of Chartered Shipbrokers, Sri Lanka.

Over a period of 38 years he has been credited for developing and growing Hayleys’ transportation & logistics business under Hayleys Advantis with a strong focus on operational excellence.

Celebrating 50 years in the industry, Hayleys Advantis is now the largest organisation in Sri Lanka for both shipping and international freight forwarding with many operations overseas and significant experience in large scale infrastructural project logistics. Hayleys Advantis now offers seven key services - International Freight, Third Party Logistics, Shipping and Marine Services, Warehousing and Transit Facilities, Haulage, Aviation and Travel and Agency Representation.

Hayleys PLC, whose origins date back to the establishment of Chas P. Hayley & Company in Galle in 1878, today comprises of businesses in Global Markets & Manufacturing (Fibre, Hand Protection, Purification Products and Textiles), Agriculture & Agri Business (Agri Inputs, Agri Products and Plantations), Transport & Infrastructure (Transportation, Industry Inputs and Power & Energy), Consumer & Leisure (Consumer Products and Resorts) and Investments & Services. Rated a Business Superbrand by The Superbrands Organisation, Hayleys accounts for 2.7 per cent of Sri Lanka ’s export income.
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