Daily Business Digest
Daily Business Digest
Loading date…
YOUR DAILY DOSE OF BUSINESS INTELLIGENCE

First Capital Treasuries PLC Appoints Channa de Silva as New Chairperson, Effective October 1st

LankaBIZ Stock Screener
Screen, compare and discover CSE-listed stocks

Colombo, 01 October 2026 – First Capital Treasuries PLC (FCT), a leading name in Sri Lanka’s financial markets, has announced the appointment of Mr. Channa de Silva as its new Chairperson. The appointment, effective from today, October 1, 2026, follows a unanimous resolution by the company’s Board of Directors on September 30, 2026.

Mr. de Silva, who previously served as an Independent Non-Executive Director on the Board, steps into the leadership role at a pivotal time for the company, poised to guide its strategic direction and uphold its commitment to market excellence.

Strategic Leadership for First Capital Treasuries

The decision to elevate Mr. de Silva was communicated to the Colombo Stock Exchange (CSE) in accordance with Section 9.10.3 of its Listing Rules. His appointment as Chairperson underscores the Board’s confidence in his leadership capabilities and deep understanding of the financial sector.

As an Independent Non-Executive Director, Mr. de Silva has been instrumental in contributing to the company’s governance and strategic oversight. His transition to Chairperson is expected to ensure continuity and a steady hand in navigating the evolving landscape of Sri Lanka’s treasury and financial markets.

Compliance and Transparency

First Capital Treasuries PLC has assured that Mr. de Silva’s Relevant Interest in shares of the Company will be disclosed separately, in strict adherence to the transparency requirements stipulated by the Listing Rules of the Colombo Stock Exchange. This commitment to regulatory compliance highlights the company’s dedication to good corporate governance practices.

The appointment marks a significant development for First Capital Treasuries PLC as it looks towards a future of continued growth and stability under new leadership. Stakeholders will be keenly watching the trajectory of the company as Mr. de Silva assumes his new responsibilities.

Source: Read original document

Daily Stock Market Update

Weekly Tea Market Update

Vegetable Market

Weekly Economic Update


Latest Updates