Appointments & Executive MovesManufacturing & Industrials

šŸ“ˆ Leadership Transition at Ex-pack Corrugated Cartons PLC: Thulci Aluwihare Appointed New Chairman

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Ex-pack Corrugated Cartons PLC, a listed subsidiary of Aberdeen Group, has announced a key leadership transition effective 18 November 2026. • Outgoing Chairman: Founding figure Sattar Kassim will retire from the Board and step down as Chairman on his 70th birthday. Under his leadership, the company achieved sustained profitability and completed its listing on the Colombo Stock Exchange (CSE). • Incoming Chairman: Thulci Aluwihare, currently an Independent Non-Executive Director, has been appointed as the new Chairman. • Background & Expertise: • Brings over 25 years of international experience in M&A, public-private partnerships, restructuring, and capital markets across London, Melbourne, and Colombo. • Serves as Deputy Managing Director of CHEC Port City Colombo Ltd., leading FDI attraction for the US$ 15 Bn project. • Former Head of M&A at PwC Sri Lanka & Maldives; currently sits on the boards of Bank of Ceylon and Abans Finance PLC. The transition aims to leverage Aluwihare's corporate governance and investment expertise as Ex-pack enters its next growth phase within Sri Lanka's packaging & manufacturing sector.

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