Changes to the Board of Directors of Dunamis Capital PLC and its listed subsidiaries First Capital Holdings PLC and Kelsey Developments PLC

May, 2, 2017

The Executive Chairperson of Dunamis Capital PLC and its listed subsidiaries First Capital Holdings PLC and Kelsey Developments PLC, Mrs. Manjula Mathews has retired from her post with effect 30th April 2017.

Mrs. Mathews, a Fellow Member of the Chartered Institute of Management Accountants (UK) and an Alumnus of the University of Cambridge (UK), assumed duties as the Group’s Executive Chairperson in October 2014. Prior to this she served as Group Managing Director from 2007-2014. Her decision to step down from her leadership role was in line with plans made a considerable while ago.

Mrs. Mathews is succeeded as Chairman of Dunamis Capital PLC and Kelsey Developments PLC by Mr. Eardley Perera, who has been an Independent Non-Executive Director of the company since 2012. Mr. Perera a Chartered Marketer, is a Graduate of the Chartered Institute of Marketing (UK), with over 40 years of experience in management. He is also a member on the Board of Study of the Postgraduate Institute of Management, University of Sri Jayewardenepura (PIM) and is actively engaged in management education and consultancy.

The role Chairman of First Capital Holdings PLC is assumed by Mr. Nishan Fernando, who has been an Independent Non-Executive Director of the company since 2012. He is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, an Associate Member of the Chartered Institute of Management Accountants (UK) and holds an MBA from the Postgraduate Institute of Management of the University of Sri Jayewardenepura. Mr. Fernando is a past president of the Institute of Chartered Accountants of Sri Lanka and was a Board Member of the Securities and Exchange Commission of Sri Lanka.

Mr. Eardley Perera and Mr. Nishan Fernando are respected business professionals with impressive track records. Their appointments further increase the independence and transparency of the Board of both Companies.

The Board of Directors has appointed Mr. Dilshan Wirasekara, incumbent Chief Executive Officer of First Capital Holdings PLC as Executive Director of First Capital Holdings PLC with effect from 1st May 2017. He is an alumnus of INSEAD Business School, with over 20 years of experience in financial services.

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