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Resus Energy board appoints Isuru in place of Kusal

16 October 2015 03:00 am - 0     - {{hitsCtrl.values.hits}}

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Resus Energy PLC, formerly known as Hemas Power PLC, announced yesterday that its board of directors has accepted the appointment of Isuru Somaratne as one of its non-executive directors.

The board accepted the resolution passed by NDB Capital Holdings Limited on September 9 to that effect.

NDB Capital Holdings is the 2nd largest shareholder with 32.37 percent of shares in Resus Energy.

Somaratne holds a BSc in Mechanical Engineering from Moratuwa University, an MBA from University of California Los Angeles and a CIMA qualification. He joined NDB Investment Bank in 2007, and is now an Assistant Vice President at NDB Capital Holdings.

He will be taking up duties in Resus Energy and its subsidiaries with effect from October 14, and replacing Kusal Jayawardana who had resigned, which was made public only yesterday.

On September 28, Jayawardana was voted out of the Panasian Power PLC director board. Previously, he had been one of the four Resus representatives in Panasian, in which no single party has a controlling stake.

Jayawardana is running an investment bank named Liege Capital Partners (Pvt) Ltd being its Managing Director.

Liege Capital Partners incorporated in 2008, has ties with Bangladesh, and has facilitated transactions of over Rs. 35 billion in over 50 deals, the company profile said.

The Liege Capital Partners team consists of Jayawardana, Director/CEO Maduranga Jayasundara and Executive Director Dimuthu Ratnadiwakara. (CW)
 
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