It is reported that former Chairman of the Ceylon Electricity Board Vijitha Herath is to be appointed to fill the vacancy created by the resignation of M.C.C. Ferdinando.
Vijitha Herath is an experienced is also an Engineer by profession who worked as the CEB Chairman before Ferdinando. He is currently the Chairman of the Sri Lanka Insurance Corporation.
Sources said that Piyadasa Kudabalage, a former CEO of the Sri Lanka Insurance Corporation is to be appointed as the Chairman of the corporation.
Piyadasa Kudabalage is an experienced person who served as the CEO of the Insurance Corporation of Sri Lanka when the present Secretary to the President Gamini Senarath was the Chairman.
He and three others were indicted during the last Yahapalanaya government on charges of embezzlement of Litro Gas Company and were acquitted by the Special High Court in 2019 after a lengthy trial.
Piyadasa Kudabalage is currently the Group CEO of Laugfs.