Board of Directors About Hemas > Board of Directors The Hemas Board of Directors brings together an experienced team of members from varied backgrounds. The 3 Executive and 5 Non-Executive Directors meet around five times in an year (or unless the need arises) to discuss developments and set strategic direction for the Hemas Group.

About Hemas

Board of Directors

Husein Esufally

Non-Executive Chairman

Mr. Husein Esufally started his career with the Group’s FMCG (Fast Moving Consumer Goods) business, where he steered the Company for a period of 19 years, during which, the business established a strong consumer franchise. Thereafter, he served for 13 years as the Chief Executive Officer of the Hemas Group until he relinquished his position in March 2014. Presently, he serves as the Non-Executive Chairman of Hemas Holdings PLC, whilst also chairing the Boards of its FMCG and pharmaceutical manufacturing subsidiaries. Mr. Esufally was recently appointed as the Non-Executive Chairman of Janashakthi Insurance PLC. He also serves on the Boards of several other companies and is involved in several social projects. Mr. Esufally holds a Bachelor of Science (Honours) Degree in Electronics from the University of Sussex, UK having received his primary education at St. Thomas College, Mt Lavinia.

Steven Enderby

Executive Director / CEO

Mr. Steven Enderby joined Hemas in March 2013 to head the Group’s efforts in Mergers and Acquisitions. He took up the Office of Deputy CEO and Director of Hemas Holdings PLC in November 2013 and was appointed the Chief Executive Officer of the Company on 01st April 2014. Mr. Enderby has had a successful track record in the private equity space with Actis, a leading global emerging markets fund, until his retirement in 2011 as an Actis Partner. Some of the most successful private equity transactions he led include South Asia Gateway Terminal, Ceylon Oxygen and Millennium Information Technologies. He has also served on the Boards of leading companies in Sri Lanka and India such as John Keells Holdings, Lion Brewery and Punjab Tractors. He is a Fellow of the Chartered Institute of Management Accountants, and holds a Degree in Economics and Accounting from Queens University Belfast, and a Master’s Degree in Development Studies from the University of Melbourne.

Abbas Esufally

Non-Executive Director

With over 35 years’ experience in the tourism industry, Mr. Abbas Esufally has played a pivotal role in expanding the Group’s Leisure interest. He serves as a Group Director of Hemas Holdings PLC, Chairman of Serendib Hotels PLC, Dolphin Hotels PLC, Hotel Sigiriya PLC as well as Diethelm Travel Sri Lanka (Pvt) Ltd, Sri Lanka’s premier Destination Management Company. He also serves on several other listed and unlisted company boards. He has played an active part in the growth and development of the country’s tourism industry. Mr. Esufally serves as the Chairman of the Mercantile Service Provident Society of the Ceylon Chamber of Commerce and is a Member of the Advisory Committee of the Tourist Hotels Association of Sri Lanka and a Member of the Advisory Council appointed by the Hon. Minister of Tourism. Mr. Esufally is a Fellow Member of both the Institute of Chartered Accountants of England & Wales and the Institute of Chartered Accountants of Sri Lanka. He is an all Island Justice of Peace and serves as the Honorary Consul of Bhutan in Sri Lanka.

Imtiaz Esufally

Non-Executive Director

Mr. Imtiaz Esufally serves as the Chairman of the Transportation Sector of the Group and serves as a Member of the Hemas Audit Committee. He served as the Chairman of Hemas Power PLC until its disposal in 2014. Mr. Esufally holds a Bachelor of Arts (Honours) Degree in Accounting and Economics from the University of Kent, UK. He counts over 25 years’ of management experience and has been in the forefront of the Transportation Industry.

Malinga Arsakularatne

Executive Director

Mr. Malinga Arsakularatne was appointed as the Managing Director of the Group’s newly formed Leisure, Travel and Aviation Group. Prior to this appointment Mr. Arsakularatne served as the Chief Financial Officer of the Company for over 8 years. Mr. Arsakularatne has 19 years of experience in investment management, corporate finance and business strategy. He also serves on the Board of Serendib Hotels PLC. Mr. Arsakularatne also holds directorships in other unlisted subsidiary companies within the Hemas Group and also serves as a Non-Executive Director of NDB Capital Holdings PLC and SLIIT. Mr. Arsakularatne is a CFA Charter Holder and a Past President of CFA Sri Lanka. He is also a Fellow Member of the Chartered Institute of Management Accountants (CIMA), UK and a Past Board Member of the CIMA Sri Lanka Division. He holds a BSc in Computer Science & Engineering from the University of Moratuwa, an MSc in Investment Management from Cass Business School, and an Executive MBA from INSEAD. Mr. Arsakularatne is also a Member of the Board of Management of the Group.

Murtaza Esufally

Executive Director

Mr. Murtaza Esufally counts more than 25 years of experience in senior management levels. He is the Chairman of Hemas Hospitals (Pvt) Ltd and Hemas Pharmaceuticals (Pvt) Ltd, and is the Non-Executive Chairman of the Centre for Poverty Analysis. He holds a Master’s Degree in Business Administration from the Melbourne Business School of the University of Melbourne. He is a Barrister of the Lincoln’s Inn and holds a Bachelor of Law Degree from the University of Essex, UK. Mr. Esufally is an Attorney-at-Law of the Supreme Court of Sri Lanka.

Ramabadran Gopalakrishnan

Independent Director

Mr. Ramabadran Gopalakrishnan has over 48 years of experience in professional management with 31 years in Unilever and 17 years in TATA. He has served as Chairman of Unilever Arabia, as Managing Director of Brooke Bond Lipton India, and as Vice Chairman of Hindustan Unilever Limited. After his Unilever career, he joined Tata Sons as a Director. He retired from TATA in December 2015 and currently serves as an Independent Director on the boards of the Indian subsidiaries of Akzo Nobel and Castrol India. Mr. Gopalakrishnan studied physics at Calcutta University, Engineering at IIT Kharagpur and completed an Advanced Management Program at the Harvard Business School. He is a Past President of the All India Management Association.

Dinesh Weerakkody

Independent Director

Mr. Dinesh Weerakkody is the Chairman of the National Human Resource Development Council of Sri Lanka and Cornucopia Sri Lanka. He is an Advisor to the Ministry of National Policies and Economic Affairs. He was also the Chairman of the Government -appointed Committee to review the Banking Sector and NBFI consolidation and the Committee appointed to review the budgetary allocation for education. He is a former Chairman of Commercial Bank Ceylon PLC and the Employees’ Trust Fund Board of Sri Lanka. He serves in a number of private sector Boards including Glaxo SmithKline Sri Lanka, CIC Holdings and Ceylon Tobacco PLC. Mr. Weerakkody is a Graduate in Business Administration, a Fellow of both CIMA (UK) and CMA (Sri Lanka), Professional Member of the Singapore Human Resource Institute and holds an MBA from the University of Leicester, UK. He was also conferred an honorary membership by the Institute of Personnel Management of Sri Lanka. Mr. Weerakkody is a Council Member of the Employers’ Federation of Ceylon and the Institute of Directors and is also a Member of the CIMA Asia Pac Advisory Board.

Dr. Anura Ekanayake

Independent Director

Dr. Anura Ekanayake is a former Chairman of the Ceylon Chamber of Commerce, the Industrial Association of Sri Lanka and The International Natural Rubber Council. He has had an illustrious career in public service serving as a Senior Economist of the Mahaweli Authority, Director on the Boards of the State Plantations Corporation and JEDB, Director of Planning to the Ministry of Plantation Industries and Director General of the Ministry of Public Administration. Dr. Ekanayake held directorships in all 23 regional plantations companies and also served on the Tea Research Board, Postgraduate Institute of Agriculture and Plantation Housing and Social Welfare Development Trust. He left his two decade long public service and joined Unilever Sri Lanka and served as Director – Human Resources and Corporate Relations for 8 years. He serves at present on a number of boards of listed companies and non-listed companies. Dr. Ekanayake, holds a B.A. (Hons) and MSc (Agriculture) from the University of Peradeniya and a Ph.D in Economics from the Australian National University. He is also a Fellow Member of the Institute of Certified Professional Managers. Dr. Ekanayake is a firm advocate of developing human capital and people transformation.

Saktha Amaratunga

Independent Director

Mr. Saktha Amaratunga joined the Board in January 2016. Mr. Amaratunga is currently a Commissioner of PT Agro Indomas Indonesia and is also a Member of the Upstream and Downstream Audit Sub Committee of Goodhope Asia Holdings Ltd a subsidiary of the Carson Cumberbatch Group. He was previously Regional Audit Controller (Asia Pacific) for British American Tobacco. He has more than 20 years’ experience with British American Tobacco, having performed senior finance roles for the Group in Sri Lanka and the United Kingdom, and also being the Finance Director of British American Tobacco operations in the Czech Republic, Sri Lanka, Switzerland, Japan and Malaysia (IT Shared Services Organisation). He has many years of experience in Strategy Development, Business Restructuring, Risk and Governance, International Finance and People Development. He is a Fellow Member of the Chartered Accountants of Sri Lanka, Associate Member of the Chartered Institute of Management Accountants, UK and also a Member of CPA Australia.

Jyotindra Manibhai Trivedi

Independent Non-Executive Director

Mr Jyotindra Trivedi has more than 35 years of experience in Indian financial services industry and more than 25 years with Indian Venture Capital and Private Equity Industry. Mr Trivedi joined CDC, a UK based development finance institution, in 1997 to set up its Mumbai office. He was one the founding partners when Actis LLP was spun out of CDC in 2004. He took over leadership of Actis South Asia in 2007. Mr Trivedi retired from Actis in 2017. By 2017, Actis had raised more than US$12bn since it was formed in 2004. As a member of global investment committee of Actis Mr Trivedi had an overview of the investment activity of Actis across its key markets such as China, South Asia, Africa and Latin America and its key sectors such as Consumer, Healthcare, Financial Services and Industrial. Mr Trivedi has been involved in numerous investments of Actis in India, most notably India Infoline(IIFL), Glenmark Pharmaceuticals, UTI Bank(now Axis Bank), Sterling Hospitals, Paras Pharmaceuticals and Avtec many of which have grown into large businesses with leadership position in their respective sectors. Prior to Joining CDC, Mr Trivedi was senior vice president of GVFL, one of the first VC funds India. Mr Trivedi was part of the founding team of GVFL when it was set up in 1990 and was involved with its first three funds which focused on technology based start-up and early stage companies. Prior to joining GVFL he worked with GIIC, a development bank and Atul Products, a dyes and intermediates conglomerate. Mr Trivedi graduated as a chemical engineer from the Indian Institute of Technology, Bombay and holds a Diploma in Finance from the Institute of Chartered Financial Analysts of India. Mr Trivedi currently serves on the board of Ostro Energy Private Limited which is an Actis owned company and is building a clean energy platform with Wind and Solar assets of more than 1000mw capacity in India.