May, 2, 2019
Ambeon, the corporate brand of Ambeon Holdings PLC, a medium sized conglomerate reputed for its market dominance in the areas of financial services, manufacturing, real estate, technology and strategic investments has been named among the Top 20 Best Conglomerate Brands ranked this year by Brand Finance. The dynamic Group, which was repositioned and transformed recently to represent the Group’s business vision and to take on the dynamic, technocentric business world of tomorrow, continues to take the leap and transform latent opportunities into lucrative ventures that delivers sustained value to its various stakeholders.
Commenting on the birth and transformational journey of Ambeon Group, Mr. Murali Prakash – Group Managing Director and Chief Executive Officer, Ambeon Capital PLC and Ambeon Holdings PLC stated that “Mid last year, we announced the birth of Ambeon and the transformation of Ambeon Group, one which included the restructuring of its diversified businesses bringing about collective focus, optimized investments with increased shareholder value. Within a short period of time, empowered by market dominance, infinite potential and financial strength of its parent Ambeon Capital, the Group continues to be astute, driven, nimble and visionary – one with an expanded range of products, strong globalized local brands, premier technology and innovation platforms, extending its footprint across new businesses, markets and regions”.
Commenting further, Mr. Prakash stated, “The Ambeon group is built on a set of values that are considered cornerstones of building a sustainable and future proof organization. The agility and learning mindset come from these values of empowering people, channeling team work, actioning results and seeing beyond. These are built on a robust platform firmly anchored onto governance, risk and compliance. Customer centricity is the ultimate objective of our value congruence thus we build sustainable business models for all stakeholders in the years ahead. It’s certainly heartening to see Ambeon having been recognized for who we are and what values we stand for”, he concluded.
With over 3300 employees, Ambeon Holdings PLC is the subsidiary of Ambeon Capital PLC. The subsidiaries of Ambeon Holdings PLC include Taprobane Capital Plus (Pvt) Ltd (a leading financial services provider with a wealth of experience in capital markets in Sri Lanka), South Asia Textiles Limited, (leading manufacturer of exceptional quality weft knitted fabric. The company also specializes in Knitting, Dyeing, Finishing, Printing, Brushing, Sueding and Preshrunk fabric for leading global brands such as Victoria Secret, Next, Marks & Spencer, Tesco, Calvin Klein, Decathlon and Adidas), Dankotuwa Porcelain PLC and Royal Fernwood Porcelain Ltd., (manufacturers of porcelain tableware and gift items for global giants such as Oneida, Macy’s, Country Road, Lenox, John Lewis, Crate & Barrel, Megros, Jashanmal, Ralph Lauren, the Walt Disney Company and Dilmah), Ceylon Leather Products Limited (manufacturer of leather footwear and accessories), Millennium I.T.E.S.P. (Private) Limited (Sri Lanka’s leading information systems solutions provider delivering IT solutions for many industries; including banks and finance, telecommunications, apparel and leading conglomerates) and Colombo City Holdings PLC (real estate).
The Ambeon Group is powered and guided by corporate giants – Galle Face Hotel Group, Hirdaramani Group and Navitas Investments. The Group is steered beyond ambition to re-engineer success by its Group Managing Director/Chief Executive Officer, transformation leader and renown Industry veteran Murali Prakash.
The Ambeon Group also has independent and eminent members on its various Boards to bring stability, independence and integrity to brands and businesses across the Group. The Ambeon Capital PLC Board of Directors comprise of Sanjeev Gardiner (Chairman), Ajith Devasurendra (Deputy Chairman), Murali Prakash (Group Managing Director/ Chief Executive Officer), Priyantha Fernando, Harsha Amarasekera P.C, Ranil Pathirana, Sarinda Unamboowe, Desamanya Deva Rodrigo, while the Board of Directors of Ambeon Holdings PLC include – A.G. Weerasinghe (Chairman), Murali Prakash (Group Managing Director/ Chief Executive Officer), Ruwan Sugathadasa, Mangala Boyagoda, and Priyantha Maddumage.
Caption for the Photograph – Mr. Murali Prakash, Group Managing Director /CEO, Ambeon Capital PLC and Ambeon Holdings PLC