Dr. Larry Adams has been appointed as the Chairman of the Board of PCH Holdings Plc and Director Chaminda D. Banduthilake was promoted to Managing Director.
Adam Investments Ltd., Chairman Dr. Ali Asger Shabbir Gulamhusein has also joined the PCHH Board as an Executive Director along with Danushya C. Mediwake Gulamhusein. Three non-executive directors were also appointed: Idris Shabbir, Mohamed Imran Rasheed Zahir (Independent) and Enayath Hussain Tayabally (Independent). Banduthilake was an existing director while the other remaining director is D. P. Galabodage. The appointments follow the resignation of Mohamed Rishan who was Chairman and CEO, M.M. M.N. Farzaan, P. L. Wijesekara and Shanti Sri N. Goonaratne. Dr. Adams has served Adam Investments as a director from the inception of the company. Adams is a former Director of Tec Sri Lanka and accounts for over 25 years experience in top management in Sri Lanka and overseas. He also serves as Director of Orient Garments Plc, Adam Air Conditioners Ltd., and Adam Automobiles Ltd. Dr. Gulamhusein is the Chairman of Adam Investments.