JFS Holdings Limited appoints Nuwan Widyapathige as a Non-Executive Independent Director

Holdings Limited recently expanded its board with the addition of Nuwan Widyapathige, a seasoned business professional with over 18 years of diverse experience. The current board composition is with a majority of non-executive Independent directors, amongst the total of 5 members. Nuwan Widyapathige’s exceptional track record in marketing and brand management earned him accolades such as the “most influential global marketing leaders listing” and “Asia’s Best Marketer” citation. Established in 2012, JFS Holdings has demonstrated significant growth in sectors such as ICT, BPO, Agro Food, and Action Sports. The company retains staff strength of over 100 skilled and competent employees, steering the businesses it operates and ably engaging and supporting the ambitious business expansion plans.

In the preceding year, Nuwan Withanage and Nilantha Perera were appointed as nonexecutive independent directors, which changed the board composition to bring forth 50% independent opinions at board level, thus exceeding the regulatory requirements for a limited liability company. Nuwan brings over 17 years of expertise in finance, audit, and general management to JFS whilst Nilantha commands nearly 30 years of experience in Human Resource Management, thus making their contributions immensely valuable at board level strategic thinking. With such outstanding individuals at board level, JFS is well-positioned to achieve its short-term goal of becoming a billion rupee company in equity by 2027.

JFS is steered by multi skilled and passionate visionary leader Madhushan Raigamage, the Chairperson and CEO of the company who holds 69% of shares, whilst Ms. Chamalee Dilrukshi serves as a non-executive non-independent director holding 30% of shares. The remaining 1% of shares is distributed amongst the employees of JFS, with plans to enhance this quantum in the near future in accordance to the corporate policy framework of greater share ownership amongst employees of the company. With its collective vision and expertise, JFS is set to continue its impressive growth trajectory, especially in the service export sector.

CEO Madhushan Rajagamage, Non – Executive Non Independent Director Chamali Dilrukshi, Non – Executive Independent Director Nuwan Withanage, Non – Executive Independent Director Nilantha Perera, Non – Executive Independent Director Nuwan Widyapathige