Laugfs recently announced the appointment of Murali Prakash to the board of directors of Laugfs Gas PLC and Laugfs Holdings Limited with effect from April 1, 2015. Prakash will serve as a Non-Executive Director of the Laugfs Gas PLC board.
“Murali comes with a wealth of management expertise and an illustrious career in the corporate world and I am very pleased to have him as part of the Laugfs board,” commented Laugfs Holdings Ltd Chairman W.K.H. Wegapitiya.
Prakash has served as the Group Managing Director/Chief Executive Officer of Brown & Company PLC for over seven years. He has held a number of prominent leadership roles, including the positions of the Chairman of Gal-Oya Holdings (Pvt.) Limited and Sales Director at Singer (Sri Lanka) PLC. He has also served on the boards of Singer (Sri Lanka) PLC, Singer Finance (Lanka) PLC and Singer Industries (Ceylon) PLC.
Prakash holds an MBA from the University of Southern Queensland and is a Certified Professional Marketer (Asia Pacific) as well as a Certified Management Accountant (Australia). He is an Alumnus of both the National University of Singapore and Asian Institute of Management, Manila and a fellow member of the Chartered Management Institute (UK) and the Institute of Certified Professional Managers (Sri Lanka).
Established in the year 1995, Laugfs Holdings is one of the largest diversified business conglomerates in Sri Lanka. With over 4,000 employees and an annual turnover exceeding Rs.28 billion, Laugfs has established a strong presence in the power and energy, retail, industrial/engineering, services and leisure sectors in Sri Lanka.