Business

Former JKH head Susantha Ratnayake new BOI Chairman

Former Chairman of John Keells Holdings (JKH), Susantha C. Ratnayake has been appointed as the new Board of Investment (BOI) Chairman, The Sunday Morning Business learns.

The appointment letter will be officially handed over to Ratnayake by the Government this week.

He takes up the position of BOI Chairman a month after former Chairman Mangala Yapa resigned on 18 November, following the election of President Gotabaya Rajapaksa.

Ratnayake retired from the JKH group in December of 2018 after having headed the group and all its subsidiary companies for 13 years.

In addition to JKH, Ratnayake has led organizations such as Employers Federation of Ceylon, Ceylon Chamber of Commerce and Sri Lanka Tea Board.