The board of directors of Derana has appointed one of the founder investors, Dilith Jayaweera as the Chairman and Managing Director of TV Derana, FM Derana and Derana Macromedia, with immediate effect. Laksiri Wickramage will function in the capacity of Deputy Chairman and CEO while Madhawa Madawala will continue to serve as the Executive Director and COO. 

The board will also include Varuni Amunugama Fernando.

Having co-founded Sri Lanka’s advertising company Triad (Pvt.) Ltd in 1993, Jayaweera entered into the foray of mass communication. Today, 22 years later, the conglomerate, including Citrus Leisure PLC and George Steuart & Co. Ltd spearheaded by him, has evolved into a valued Sri Lankan corporate with business verticals encompassing communication and media, travel and leisure, exports, pharmaceuticals, beauty care and real estate, employing close to 3500 people. Ranked No.1 in weekend prime time and weekday non-prime time, Derana recently marked its 10th anniversary.