Mohan Ratnayake Appointed to Lanka Walltiles Board 📈

Lanka Walltiles PLC has announced the appointment of Mohan Ratnayake as an Independent Non-Executive Director, effective May 2026. A Fellow of CIMA (UK) with an MBA, Ratnayake brings extensive expertise in corporate finance and diverse industrial sectors. • Strategic Background: Notably chaired the committee responsible for Sri Lanka’s first internationally listed corporate Dollar Bond (Singapore Stock Exchange) for SLT and Mobitel, prior to the sovereign being rated by international agencies. • Sector Expertise: Holds deep experience across the tea exports, tea plantations, telecommunications, and the motor industry. He has previously served on boards of state-owned export entities and held leadership roles in the financial services sector under Central Bank purview. • Current Board Roles: • Managing Director of Colonial Motors Ceylon Ltd. • Independent Non-Executive Director at ACL Plastics PLC, UB Finance PLC, Swisstek (Ceylon) PLC, and Lee Hedges PLC. • Director at Union Investments Ltd. and C M Holdings PLC. This appointment strengthens the board's oversight in manufacturing and construction materials given Ratnayake’s history with listed entities and international capital markets.