Fairway Holdings announces leadership transition

Fairway Holdings announced a key leadership transition following the passing of its founder, Hemaka de Alwis.

The company introduced vertical luxury living to Rajagiriya, completing six projects and delivering over 1,000 apartments across Rajagiriya, Galle, and Koswatta.

With sustainability at its core, Fairway Group boasts a diverse portfolio encompassing luxury real estate, leisure and hospitality, interior solutions, financial services, construction, renewable energy, aquascaping, and legal services, while also actively supporting local art and culture.

The home-grown conglomerate is now set to embark on its next phase of growth under the leadership of Virath de Alwis, who assumes the role of Chairman.

Supporting Virath in driving Fairway Holdings forward is a highly experienced senior management team, with Ashean Karthelis, Group Chief Executive Officer of Fairway Holdings., playing a pivotal role in shaping the group’s strategic direction. 

With over two decades of expertise in the banking, financial services, and insurance (BFSI) sector, Ashean brings a deep understanding of financial management, risk assessment, and market dynamics. His extensive experience in real estate and leisure sector development further strengthens his ability to drive sustainable growth. Under his leadership, Fairway Holdings remains committed to upholding the vision of the late Hemaka De Alwis—transforming lives and enhancing lifestyles through innovation and sustainability.

Under Virath’s leadership, Fairway Holdings remains committed to innovation while staying true to its founding principles. The company places a strong emphasis on corporate social responsibility, with a focus on sustainability, culture, and community well-being. Looking ahead, Fairway Holdings aims to build on its legacy of excellence, creating lasting value for its stakeholders, customers, and the communities it serves.