Bandula Egodage appointed to Commercial Credit and Finance Board
Bandula Egodage has been appointed to the Board of Commercial Credit and Finance PLC as a Non-Executive, Non-Independent Director effective 1 October 2021.
Egodage has extensive wide-ranging experience in the private and government sector at Senior Management level and Board level in Sri Lanka. He presently serves as the Vice President of Nestlé Lanka PLC (Corporate and Regulatory Affairs), the Chairman of the board of the Asia Pacific Institute of Information Technology Lanka (Pvt.) Limited (APIIT), and as a Non-Executive Director of Ceyline Holdings (Pvt) Ltd.
He also currently serves in several government and semi-governmental organizations, industrial associations, and councils. He is a Director of the Sri Lanka Coconut Research Institute, Vice President of the Sri Lanka Maldives Business Council, Chairman of the Industrial Association of Sri Lanka, an Executive Member of the SAARC (South Asian Association for Regional Cooperation) Chamber of Commerce and Industry, and a member of the Swiss Business Circle.
B.G. Investments controls 50% and Group Lease Holdings owns 30% stake in Commercial Credit and Finance PLC. As of 1 October 2021, the Board of Directors of Commercial Credit and Finance PLC will comprise Chairman E.D.P. Soosaipillai, Managing Director R.S. Egodage, G.R. Egodage, K.D.V. Weele, P.T. Fisher, Rajiv C. Chitty, Lasantha Wickramasinghe, T.M.L. Paktsun, Gillian A.M. Edwards, Dr. Rajan Sarawanamuthu, and Bandula Egodage.
NSB Chairman hands over annual report to President
Dr. Harsha Cabral, Chairman of the National Savings Bank, formally presented the bank’s annual report for the year 2022 to Minister of Finance, Economic Stabilization & National Policies President Ranil Wickremesinghe at the Presidential Secretariat on Thursday (01).
The report, titled “Strengthening Our Strength,” provides an integrated overview of the bank’s performance within the economic framework and its engagements with the social and environmental sectors.
SLT-MOBITEL debuts its technologically advanced Operational Headquarters in Welikada
SLT-MOBITEL unveiled its technologically advanced, high tech Operational green Headquarters, first in the history of SLT, located at Welikada, Colombo recently.
Designed with state-of-the-art aesthetics and advance technology, the building features cutting-edge amenities including 5G zone, Rainwater harvesting, green energy, power and cooling systems, wastewater treatment, energy rated glass facade, energy rated electrical fittings, lifts, ACs etc. Further, under phase 1, five floors have been completed out of 9 floors, where the balance floors will be completed under phase 2. Taking responsible action to sustainability, the new HQ building is constructed utilizing only 3% of the total land of 7 acres, preserving balance for future developments. The construction of new HQ is a brown field development, and almost all the recoverable materials from the demolished buildings were re-used, recycled with minimum wastage, accommodating green concepts into the building development. Further, an in housed sewer treatment plant is also a key feature where the effluent will be collected for the vertical gardening in the building and for irrigation, along with a Solar system which will be implemented utilizing 15,000 sq ft of the roof top of the building.
The new HQ is accompanied with a newest building management system where the operations of the AC, water, lighting and other amenities can be monitored and alarmed.
Indoor spaces have been designed to create modernized working environment with open office concepts reflecting user friendly natural environment. Minimum affect to the nature was done with the new construction where a decade old “Mara tree” has been accompanied with the building, incorporating the true blend of nature into the atmosphere of the building ‘s aesthetics.
The total project cost for stage I of the project is 2500 million limiting the variations of the project, which is also a remarkable achievement during highly unfavorable conditions like Covid 19 pandemic, government-imposed curfews and turbulent political conditions which prevailed in the project execution stage. The SLT-Mobitel team was able to accomplish the project meeting the set timelines despite aforementioned challenges.
A remarkable operational cost saving of LKR 25.4 million, annually, is predicted from the occupation of new building by Mobitel due to savings from rents for car parking, security and other services, usage of electricity and water, inter office transportation etc. In addition to above, annual rentals for Rotunda and propertex buildings amount into LKR 250 million per annum will be saved from the transition to the new HQ building, adding a net saving to the SLT group.
Unveiling Thaala Bentota, a blend of rhythm and luxury
Thaala Bentota, formerly known as Avani Bentota, proudly unveils its rebranding, marking a new era of excellence in Sri Lankan hospitality. This momentous occasion celebrates the transformation of a cherished destination into a haven where rhythm, nature, and luxury intertwine to create an unforgettable experience. This exciting transformation brings forth a fresh creative philosophy while preserving the world-class service and warm hospitality.
A member of Browns Hotels and Resorts, Thaala Bentota epitomizes the commitment to excellence that defines the renowned hospitality brand. The rebranding represents an exciting new chapter for the property, one that promises to deliver unforgettable memories and create a harmonious blend of rhythm and luxury.
Thaala Bentota embodies the universal concept of rhythm, brought to life through the timeless architectural design inspired by Geoffrey Bawa. The resort’s new name, Thaala, meaning “rhythm” in the local language, reflects its unique vision of harmonizing nature and humanity. The interplay between nature and man is intricately woven throughout the property, creating a sanctuary for weary travellers. Situated along the picturesque Hotel Road of Bentota, Thaala Bentota retains all the cherished aspects that have made it a favourite among travellers. The familiar sands, welcoming smiles, and exceptional service remain unchanged, ensuring that guests feel right at home.
Speaking at the event, the Group Managing Director/ CEO of LOLC Holdings PLC, Kapila Jayawardena, expressed his thoughts “This transformation signifies our commitment to continuously elevate the guest experience and redefine luxury hospitality in Sri Lanka. Thaala Bentota encapsulates our vision of harmonizing rhythm and nature. This is not just a name change; it represents a new chapter in our journey to offer unique and immersive experiences that resonate with our guests. Under the umbrella of Browns Hotels and Resorts, a trusted name in the leisure industry, our aim is to position Thaala Bentota as a premier destination, in the wider global hospitality landscape.”
Eksath Wijerathna, Group General Manager, Browns Hotels & Resorts said: “Thaala Bentota stands proudly on the edge of Sri Lanka’s natural beauty, offering guests a quintessential experience on this paradise island. At Thaala Bentota, our dedicated staff stands ready to create an excellent service, ensuring that every guest departs with cherished memories that will last a lifetime. We offer more than just a place to stay. We have created an environment that resonates with our vibrant culture and showcases the essence of our country. With an upgraded rhythmic vibe, we welcome our guests to join us in celebrating the rebirth of this beloved resort, to experience a sense of familiarity while enjoying the best that our property has to offer. We look forward to welcoming the world, to Thaala Bentota”.
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