Sri Lanka Telecom announces second leadership transition in seven months

1 February 2024 09:24 pm Views - {{hitsCtrl.values.hits}} 8 Bookmark

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Sri Lanka Telecom has seen its leadership change for the second time in about seven months with the entity affirming the appointment of a new Chairman.

The stressed state-owned telco, which has been making headlines this week for the changes in its Board, disclosed to the Colombo Stock Exchange (CSE) that upon the review and recommendation of the Nominations and Governance Committee, A.K.D.D.D. Arandara has been appointed as a Non-Independent Non-Executive Director and Chairman with effect from 1 February.

Earlier this week, Reyaz Mihular stepped down from his position as Chairman after the government said it would reconstitute the SLT Board. The decision was due to the latter refusing to withdraw the case against the proposed merger between industry leader Dialog Axiata and Airtel.

Comments - 8

Tissa Fernando Thursday, 01 February 2024 10:55 PM

Congratulations to Mr Reyaz Mihuhar, a well respected professional who has protected the integrity of Sri Lankan Chartered Accountants unlike disgraced Nivard Cabrral.

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Sivalingam Friday, 02 February 2024 01:17 AM

Musical chairs with crooks, Riyaz is a mega crook.

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Kabir Hashim Friday, 02 February 2024 01:19 AM

Riyaz is a big crook and extortionist. He launders money for Pettah undiyal business.

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Tissa Fernando Friday, 02 February 2024 09:55 PM

I think Reyaz should file a defamation case against you for these baseless allegations. You may be the one who is doing all illegal stuff.

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Jude Friday, 02 February 2024 03:37 AM

Henchmen taking turns to rip-off SLT

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Ram Friday, 02 February 2024 03:54 AM

When the Ministers change they appoint a supporter as head who is likely to have no experience in the area. This is what happens with the present political culture that must be changed. I can recall Nishantha Wickremasinge taking over Sri Lankan Airlines and how he ruined it

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Jude Friday, 02 February 2024 05:32 AM

Government incapable of running a phone company Huh!!

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Tissa Fernando Saturday, 03 February 2024 02:07 AM

No, they want to sell it to India.

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