LAUGFS Power PLC announced that with the appointment of Mr. Kudabalage as Group Managing Director/Group CEO, Mr. Thilak De Silva has been re-designated as Executive Deputy Chairman and Mr. W. K. H. Wegapitiya and shall continue as Executive Chairman. Both Mr. W. K. H. Wegapitiya and Mr. Thilak De Silva shall continue to play an executive role as aforesaid in order to ensure a seamless management transition.