GAC picks new CEO for Sri Lanka
Business veteran Ravi Edirisinghe has been appointed director/CEO of the GAC Group of companies in Sri Lanka. He will contribute 27 years of knowledge and experience in strategic planning, business development and re-engineering, supply chain management, logistics and project management in diverse industries to this role.
He replaces Mahesh Kurukulasuriya, who continues to be a member of the group’s board of directors. Lars Bergström, GAC’s Group vice-president, Asia Pacific and Indian subcontinent, says Edirisinghe’s appointment comes against the backdrop of an optimistic outlook for Sri Lanka’s maritime and logistics sectors.
“Sri Lanka’s proximity to the emerging markets in South Asia makes it an important shipping and transhipment hub for the region,” Bergström added. “There is potential for growth for the country’s logistics industry - it currently contributes about 3% of its gross domestic product, but that figure is expected to rise to at least 10% by 2020." (mw)