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CMG future-focused to get its leadership closer to the ground
A year after Sashi Rajamahendran took over the reins of the Capital Maharaja Group (CMG), the conglomerate is going through some sweeping changes. The Group is broad basing its decision-making processes to give more opportunity for career growth at all levels of its management structure, the CMG said in a statement.
The following is the text of the Group statement: “In line with that, two new positions have been layered in, with Group Directors Nedra Weerasinghe and S.C. Weerasekera both being appointed as Group Director/Chief Operating Officer (COO) to helm the Group’s Industrial and Retail/Strategic Business hubs respectively.
Chairman of CMG, Sashi Rajamahendran says apart from laying a strong emphasis on recognising the sustained achievement of its people from time to time, the Group believes in blending its expertise across the Group’s multiple businesses. “This allows for maximum synergistic benefits to them as well as the Group.
Nedra and Shan are two Group Directors on the Main Board, involved in handling operations. They have served the Group with panache and have handled two of the most important business hubs over the past several years. We believe the specific portfolios assigned to them under the new positions will give them the impetus to further grow the business.”
Effective from 23 June 2022, S C Weerasekera will be Group Director/COO of CMG’s Industrial Hub, continuing to give leadership and grow business for S-Lon, PE+, Kevilton, Kansai Lanka and Herrero.
Nedra Weerasinghe will be the Group Director/COO heading the Group’s retail hub and strategic business initiatives. While the retail segments of the Group are relatively new, it is a key area of focus for the future expansion and development of the Group.
Sunil Kanojia, Group Director/CEO of CMG will continue to lead all CMG operations and he will guide both Shan and Nedra in their new roles.
The media company which has organically grown in the last 30 years is also being restructured to ensure better clarity and focus in the news and entertainment business. Chevaan Daniel, who is currently the Group Director in charge of News First, will also now provide leadership to MTV Channel (Private) Limited.
“The current situation in the country requires all of us to be agile and receptive to change. We as a Group, throughout our 90 years of existence have faced many adversities and overcome them with fortitude and innovative thinking. In facing today’s crisis which is not only local but spreading across the globe, we need our leaders to be closer to the ground, and respond intelligently and appropriately to the changes that can come very fast and even be devastating at times. This is not a time to be relying only on our standard operating procedures but to be creative in our approach. I am confident the management restructuring will get CMG ready for the next level of growth and wealth creation,” says the Chairman of CMG.The Group with its ‘Employees First’ ethos is moving boldly to its next phase in the ever-changing business environment.”
A sum of LKR. 9,687,462, raised from day’s salary officers of the Police Department, has been donated to the ‘Rebuilding Sri Lanka’ Fund, established to support the recovery of communities affected by Cyclone Ditwah and to assist in rebuilding the country following the disaster.
To date, officers of the Police Department have contributed over LKR. 74 million to the ‘Rebuilding Sri Lanka’ Fund through three such contributions of one day’s salary.
The donation was presented on Wednesday (22) afternoon at the Presidential Secretariat by the Personal Assistant to the Inspector General of Police, Senior Superintendent of Police C. C. Bamunuarachchi, to the Secretary to the President, Dr Nandika Sanath Kumanayake.
Chief Inspector Udaya Kumara, Officer-in-Charge of the Police Secretariat, was also present on the occasion.
[Presidents Media Division]
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Heat Index at Caution Level in the Northern, North-central, North-western, Western, Sabaragamuwa, Southern, and Eastern provinces and in Monaragala district during the day time
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Issued at 3.30 p.m. on 26 April 2026, valid for 27 April 2026.
The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Northern, North-central, North-western, Western, Sabaragamuwa, Southern, and Eastern provinces and in Monaragala district during the day time.
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Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.
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Opposition and SJB Leader Sajith Premadasa has called for the appointment of a Parliamentary Select Committee (PSC) to investigate the illegal diversion of Treasury funds, amounting to US$2.5 million to a third-party account.
Premadasa has said both the chairmanship and a majority of the Committee’s membership should be held by the Opposition to ensure impartiality.
The government has not only failed to account for the loss of US$2.5 million but also deliberately withheld information from Parliament, the Committee on Public Finance (COPF) and the public, Premadasa has told the media, accusing the ruling party of seeking to deflect responsibility by initiating an internal departmental inquiry, which he describes as a biased process designed to justify predetermined conclusions.
The Opposition Leader has said only a transparent and independent probe could establish the facts, adding that such an investigation could be effectively carried out through a Parliamentary Select Committee led by the Opposition.
He has also warned that the alleged failure to inform Parliament about the missing funds amounted to a serious breach of accountability.
Police officers donate LKR 9,687,462 from day’s salary to ‘Rebuilding Sri Lanka’ Fund
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Heat Index at Caution Level in the Northern, North-central, North-western, Western, Sabaragamuwa, Southern, and Eastern provinces and in Monaragala district during the day time
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