Poverty alleviation through sustainable agriculture - New CTC Chairman

  • 24/03/2008

  • Daily News

Ceylon Tobacco Co PLC's new Chairman, Jayampathi Divale Bandaranayake will amalgamate his responsibilities, fully conscious of the sensitivities and emotions associated with the tobacco trade. He succeeds Ken Balendra who steps down from the CTC Board after nine years as Director of which the last five years has been as its Chairman. The transition will be effected tomorrow (25) after the Annual General Meeting. Chandra Jayaratne will stand down as CTC Director after 16 years. "I have every confidence that CTC will conduct its business in an extremely responsible manner being fully conscious of the sensitivities and emotions associated with tobacco products. Through modern management practices, the company will continue to ensure that interests of all the stakeholders in the years to come will be well served,' Bandaranayake told