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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

Tokyo Cement Appoints Banking Veteran Jegan Durairatnam and Industry Leader Michio Matsuoka to Board of Directors

July 18, 2025
in Business
Reading Time: 9 mins read
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Mr. Durairatnam possesses extensive experience in banking, having been with the Commercial Bank of Ceylon PLC for 36 years. He served as a Director of Commercial Bank of Ceylon PLC from April 2012 to July 2014 and as the Managing Director/CEO from July 2014 until his retirement in July 2018. He has held several other senior management positions at Commercial Bank of Ceylon PLC, including Chief Operating Officer, Deputy General Manager – International, Assistant General Manager – International, and Head of Imports. He has held the position of Managing Director of Commercial Development Company PLC and has served as a Director on the Board of Lanka Financial Services Bureau Limited.

Mr. Durairatnam currently serves as the Non-Executive Independent Chairman of DFCC Bank PLC. He also serves as a non-executive director on the Boards of Asian Hotels and Properties PLC, Ceylinco Life Insurance Limited, Assetline Finance Limited and Enviro Solutions (Private) Limited.

In addition, Mr. Michio Matsuoka was appointed to the Board of Directors of Tokyo Cement Company (Lanka) PLC as the Nominee and Non-Executive Director, representing UBE Singapore Pte. Ltd. He succeeds Mr. Shuichi Nakamoto, who held the position previously. Mr. Matsuoka currently serves as the Managing Director of UBE Singapore Pte. Ltd. He holds a Bachelor of Arts degree from Sophia University, Japan, and a MBA degree from Babson College, USA. He brings extensive experience in business development and international marketing and has held roles as General Manager and Project Manager

With these appointments the Board of Tokyo Cement Company (Lanka) PLC comprises of Chairman Dr. Harsha Cabral PC, Managing Director Mr. S.R. Gnanam, Dr. Indrajit Coomaraswamy, Mr. A.D.B. Talwatte, Mr. Ravi Dias, Mr. W.C. Fernando, Mr. Praveen Gnanam, Mrs. A.A. Ludowyke, Mr. Mano Sekaram, Mr. Michio Matsuoka, and Mr. Jegan Durairatnam.

Tokyo Cement Group is the largest manufacturer of high-quality cement, concrete and cement-based innovative products in Sri Lanka. As a truly homegrown blue-chip company that is intrinsic to Sri Lanka’s progress, the Company has pledged to enrich the national economy through local value creation. Having earned its reputation as a trusted corporate at the heart of the transformation of the local construction industry, Tokyo Cement Group has reaffirmed its position as the leading partner in Nation-building.

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