Sri Lanka Odel Appoints a New Chairman…

Sri Lanka Odel has appointed Ashoka Pathirage, Managing Director and the Chairman of Softlogic group as the Executive Director and Chairman of Odel Plc, with effect from 22nd September 2014, Odel said in a Colombo Stock exchange announcement.

Pathirage has over 25 year of experience in diversified industries including healthcare, finance and insurance, retail, automobile, leisure and information and communication technology.
The Founder of ODEL Otara Gunewardene and the directors Ajith Gunewardene and Ruchi Gunewardene sold out 44.5 percent of their company shares to Softlogic Holdings PLC for 2.7 billion rupees recently.

Ruchi Gunewardene, Non-executive Director and Chairman of Odel resigned from his post on 22nd September.

Odel Plc is a unit of Malaysia’s Parkson Retail Asia Limited who owns 47 percent stake of the company.
Odel has also appointed two Non-executive Directors, Sivakumar Selliha and Haresh Kumar Kaimal with effect from 22nd this month.

Selliha is the Deputy Chairman for the Asiri Hospital Holding Plc, Asiri Surgical and Central Hospital.

Kaimal is the co-founder of Softlogic and a Director since its inception.