Rohini quits two more boards following Seylan appointment

Mrs. Rohini Nanayakkara, the new chief executive officer of the Seylan Bank, has resigned from the boards of two more listed companies of which she was a director.

The Colombo Stock Exchange has announced that Mrs. Nanayakkara, a former general manager of the Bank of Ceylon, has resigned from the Merchant Bank of Sri Lanka Ltd. of which she served as CEO for a few months, and of Carson Cum-berbatch and Co. Ltd. with effect from Sept. 30. Earlier she resigned from the board of Union Assurance Ltd.

Business sources attributed these resignations to possible conflict of interest with her new role in the Seylan Bank.

Mr. Albert. A. Page, the chairman of Cargills (Ceylon) Ltd. has resigned this position and has been succeeded by his son, Mr. Anthony. A. Page. Mr. Page Snr. earlier resigned from the chairmanship of Millers which owns a controlling interest of 67% of Cargills. Here too he was succeeded by his son who serves the company as executive chairman.

Mr. Albert Page continues as chairman of Ceylon Theatres Ltd., the holding company of the group, and of CT Land and Development Co. Ltd. who have been developing Ceylon Theatres-held real estate like the Majestic City. Mr. Anthony Page is a chartered accountant like his father and is a long time executive who has worked his way up the corporate ladder.

Other resignations and appointments in listed companies include the appointment of Mr. Andrew Stobart as managing director of Kelani Cables Ltd. Dr. Kamal Weeraperuma (who has been named the new CEO of Delmage Forsyth) and Mr. Ian Campbell have resigned from this company.

Mr. A.T.P. Edirisinghe has been named deputy chairman of Cargills while Mr. Sunil. G. Wijesinha has been appointed the managing director of the Merchant Bank of Sri Lanka succeeding Mrs. Rohini Nanayakkara.