Lanka Ventures PLC announced that Mr. Daya Sumith Arangala, the Acting Chief Executive Officer of the Company, retired from such office on 2 February 2022 and he does not hold any shares in the Company as at 2 February 2022. Further, they confirmed that Mr. Devalamunige Chandrien Eranga de Mel who functioned as the Senior Portfolio Manager was appointed as Acting Chief Executive Officer of the Company with effect from 2 February 2022 and he does not hold any shares in the Company as at 2 February 2022. Devalamunige Chandrien Eranga de Mel started his professional career in finance at MAS Holdings in 2009 and held the position of Accountant
at MAS Bodyline at the time of leaving MAS Group to join Lanka Ventures PLC (LVL) in 2011. He joined CIMB Investment Bank, Sri Lanka in 2014 and rejoined LVL in 2018 having gained valuable sell-side exposure at the Bank.