Colombo Investment Trust PLC announced the following change to the Directorate of the Company: Mr. S.D.R. Arudpragasam who functioned as Deputy Chairman has been appointed Chairman (Non-Executive) of Colombo Investment Trust PLC with effect from 1st September 2023. Mr. S.D.R. Arudpragasam is a Fellow member of the Chartered Institute of Management Accountants (UK). He was appointed to the Board as Deputy Chairman in August, 2011 and as Chairman on 1st September 2023.

Having held the position of Deputy Chairman until end June, 2022 he was appointed Chairman of The Colombo Fort Land & Building PLC (CFLB) with effect from 1st July, 2022. He also holds the position of Chairman Lankem Ceylon PLC and Chairman /Managing Director of E. B. Creasy & Company PLC in addition to serving on the Boards of other companies within the CFLB Group.