First Capital Holdings announce board appointments, Rajendra Theagarajah Chairman

First Capital Holdings PLC appointed Rajendra Theagarajah as Chairman and Inoshini Perera, Rachini Rajapaksa, Dilendra Wimalasekere as new board members, effective June 28.

The new appointments follow the retirement of Chairman Nishan Fernando and Independent Non-Executive Director Chandana de Silva. They were key figures in shaping the company’s success, shaping the vision, providing leadership and offering guidance that enabled the company’s evolution into a prominent corporate entity in Sri Lanka.

Rajendra Theagarajah – Independent Non-Executive Director / Chairman, is a Fellow Member of the Chartered Institute of Management Accountants, UK, a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, and holds a Master of Business Administration from Cranfield School of Business, UK.

Rajendra Theagarajah is the Chairman of Orient Finance PLC and an Independent Director of Carson Cumberbatch PLC. He was recognized for his contributions to the financial industry by the Asian Banks Association in 2022 and currently holds positions at the Central Bank of Sri Lanka and a think tank in Sri Lanka.

Inoshini Perera – Independent Non-Executive Director, a blend of international experience (UK & Singapore) and local expertise, she boasts an impressive educational background (Masters in Finance, UK) and a successful career in finance (Investment Banking, Management Consulting). She currently works as an Independent Consultant and Board Director at Verité Research.

Rachini Rajapaksa – Independent Non-Executive Director, is a financial expert with over 30 years of experience. She holds prestigious qualifications (FCMA, CFA) and currently serves on several boards including Nations Trust Bank PLC and the Sri Lanka Accounting and Auditing Standards Monitoring Board.

Rachini Rajapaksa played a pioneering role in the CFA Society Sri Lanka, being a founding member and the first female president. Her contributions extended to the global CFA community through various roles.

Dilendra Wimalasekere – Independent Non-Executive Director, an entrepreneur with over 25 years of experience, founded three Sri Lankan IT and digital marketing companies that together serve over 70,000 consumers and 3,000 businesses globally.

MD/CEO of First Capital Dilshan Wirasekara stated; “I am delighted to welcome our new Chairman and Board of Directors. Their proven track record and diverse skill sets will be invaluable as we navigate the company’s future growth trajectory. I extend my deepest gratitude to our outgoing Chairman, Nishan Fernando, and the retiring Director Chandana de Silva, for their commitment and vision that have been pivotal to our remarkable success.”

The organization is a distinguished market leader in the Sri Lankan capital market sphere, and I am committed to advancing its legacy of excellence,” expressed Rajendra Theagarajah, Chairman of First Capital.

With these appointments, the Board of Directors of First Capital Holdings PLC comprises Rajendra Theagarajah (Chairman), Manjula Mathews (Deputy Chairperson), Dilshan Wirasekara (Managing Director/Chief Executive Officer), Ramesh Schaffter, Kuda Herath, Inoshini Perera, Rachini Rajapaksa, and Dilendra Wimalasekere.

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