Board of Directors



A Chartered Accountant by profession, Mr. Welgama functions as a Senior Consultant to Baker Tilly Merali’s, while also chairing Ideal Motors (Pvt) Limited, S A Welgam & Sons (Haulage) and S A Welgama Estates and Agencies.

A well respected industry captain in Sri Lanka, he possesses over thirty years of experience in the international automotive industry given his leadership in the import and distribution of continental cars and commercial vehicles.

He hails from a family business, S. A. Welgama & Sons Limited that pioneered and continues to be in the forefront of road haulage and transportation founded in 1931, which also has diversified businesses in large scale rubber cultivation and substantial free hold real estate.

ARAVINDA DE SILVA – Deputy Chairman


A cricketing legend who has left an indelible presence in the annals of sporting history, the Deputy Chairman, a former Sri Lankan skipper, continues to be one of Sri Lanka’s most revered sporting ambassadors and the architect behind many national cricketing triumphs.

Hailed internationally as one of the most stylish batsmen in the world, some of his record breaking feats remain unbroken, while his inherent enthusiasm in motor vehicles and motor sports coupled with his sporting prowess infuses immense expertise and knowledge into business strategy.



With an expansive knowledge and skill experience garnered over three decades, he holds the distinction of being a Fellow of both the Institute of Chartered Accountants of Sri Lanka and Chartered Institute of Management Accountants of UK.

He has functioned in directorial, CEO and COO positions in a number of leading corporate entities. His work experience ranges from negotiating and sourcing funding from international funding organizations and agencies to introducing pioneering funding sources into the country to being commissioned by international agencies to develop strategic plans for development in various financial strata and sectors.

A recipient of a Fellowship by the Netherlands Development Bank, he is a visiting resource person for the Industrial & business Management Post-Graduate Programme conducted by the University of Kelaniya.

VIRAJ MALAWANA – Non-Executive Director


Possessing firsthand experience garnered on the trading floors at both the Colombo and Brunei Stock Exchanges, his hands on know-how and participation in the Bourses’ activities include that of Manager Investor Service Centre in Matara, which was the first branch of the CSE, as Assistant Manager at the Central Depository System (CDS) of the Colombo Stock Exchange and Manager Trade Processing of the Brunei Stock Exchange.

He also expanded his knowledge areas while at HNB Stockbrokers, HSBC Premier and as Senior Manager Business Development at Standard Charted Bank Premium Banking, collating many accolades for his outstanding contribution and service. While functioning as the CEO of New World Securities (Pvt) Limited, he also sits on the Board of Directors of NWS Holdings, NWS Financial Services and NWS Management Services.

Dr. P L Suren Peter – Independent Non-Executive Director


Dr. Peter received his doctorate from Maastricht School of Management, Netherlands. A Fulbright scholar, he graduated with a Master of Science in Management from Georgia Institute of Technology in the USA and also has a Master of Philosophy degree. His first degree was in Industrial Management, graduating with first class honours from the University of Kelaniya, Sri Lanka.

As a university academic, he has over 20 years of teaching, research and consulting experience and has served as the Head of the Department of Industrial Management, University of Kelaniya. He has served as a National Consultant on a number of projects for UNIDO and UNDP and been involved in consulting with a number of international development organizations, government and local private sector companies. His areas of interest are in capital market behavior, portfolio management and corporate restructuring.

Mr. Ajith Dias – Independent Non-Executive Director


Mr. Dias is a Chartered Textile Technologist and a Fellow Member of the Textile Institute, UK is the Chairman of Jewelex Trading (Pvt) Limited, is well respected and admired in the Apparel industry.He was a past Chairman of the Joint Apparel Associations Forum (JAAF) which is the apex body of all Textile and Apparel Associations, a Member of the Textile Quota Board and a past Chairman of the Free Trade Zone Manufacturers Association.

He served at the Board of Brandix Lanka Limited and was instrumental in the establishment of Jewelknit Limited, merger of Phoenix and Jewelknit which resulted in the formation of Brandix Lanka Limited. Mr. Ajith Dias champions the Garments without Guilt global campaign to ensure ethical apparel manufacturing and sourcing in Sri Lanka which was well received by the global apparel industry, partner buyers, international media, and international consumers at large.

Although his main focus is still on the Apparel industry Mr. Ajith Dias has widened his horizons by investing in the world renowned coffee house franchise “Barista” and has established Barista Lanka. His involvements have extended to tourism, leisure, retail & trading as well as agriculture.