LAUGFS HOLDINGS LIMITED APPOINTS DHANUSHA MUTHUKUMARANA AS GROUP MANAGING DIRECTOR AND GROUP CHIEF EXECUTIVE OFFICER

LAUGFS Holdings Limited has appointed Mr. Dhanusha Muthukumarana as Group Managing Director and Group Chief Executive Officer, effective 1st October 2026. Mr. Muthukumarana brings a strong background in engineering, technology, professional leadership and entrepreneurship. The appointment reflects the Group’s focus on strengthening leadership, accelerating business transformation and driving sustainable growth across its diversified portfolio.

Mr. Muthukumarana is an award-winning professional with more than 26 years of experience across banking and finance, consumer goods, manufacturing, healthcare, logistics, enterprise software and technology consulting, and diversified businesses. He has held senior leadership roles in Sri Lankan and international organisations, including Fortune 500 companies, building expertise in business transformation, enterprise architecture, strategic planning and innovation.

Throughout his career, he has led complex transformation initiatives, improved business operations and aligned technology and operations with corporate strategy. He brings this combination of strategic, commercial and technology leadership to LAUGFS as the Group pursues operational excellence, long-term value creation and value capture.

Mr. Muthukumarana is an executive alumnus of the University of Oxford (Saïd Business School), United Kingdom, where he successfully completed his education in Strategic Innovation and ranked among the top performers in his cohort. He holds a Master of Business Administration (MBA) from the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura, and possesses postgraduate qualifications in Information Technology. He is currently pursuing postgraduate studies in Economics.

He is a member of the Institute of Electrical and Electronics Engineers, USA (MIEEE), the Institute of Engineering and Technology, United Kingdom (MIET), and the British Computer Society (MBCS). In 2019, Echelon magazine named him among Sri Lanka’s Top 100 Next-Generation Business Leaders (NE100). He was also the first Sri Lankan inducted into the Forbes Technology Council.

Established in 1995 as Gas Auto Lanka, LAUGFS has grown into one of the largest diversified Sri Lankan groups, operating across more than 20 industries and employing more than 3,500 people globally. The Group has expanded its portfolio across the Oil & Gas, Renewable Energy, Industrial & Engineering, Logistics, Retail & Consumer, Healthcare, and Services sectors, while extending its operations to international markets.

Driven by a spirit of entrepreneurship, innovation and resilience, LAUGFS has built a strong presence in sectors that contribute to the everyday lives of Sri Lankan communities and the broader economy. With a focus on sustainable growth, operational excellence and long-term value creation, the Group continues to strengthen its businesses while exploring new opportunities for growth and development.

Today, LAUGFS remains committed to creating value for its customers, employees, business partners and other stakeholders, while contributing to Sri Lanka’s economic progress and national development.

With the appointment of Mr. Dhanusha Muthukumarana as Group Managing Director and Group Chief Executive Officer, LAUGFS reaffirms its commitment to strengthening leadership capabilities, fostering strategic innovation and driving operational excellence as the Group continues its transformation journey and pursues new opportunities for growth and value creation across its businesses.