Samantha Ranatunga, Managing Director/CEO of CIC Holdings PLC, has retired from the CIC Group after 30 years of service and 10 years as its Managing Director/CEO. In addition to being a Director of Chemanex PLC and several other unquoted companies of the CIC Group, he was an Independent Director of Seylan Bank PLC for nine [...]

Business Times

Samantha quits CIC; joins medical tech firm

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Samantha Ranatunga, Managing Director/CEO of CIC Holdings PLC, has retired from the CIC Group after 30 years of service and 10 years as its Managing Director/CEO.

Mr. Samantha Ranatunga

In addition to being a Director of Chemanex PLC and several other unquoted companies of the CIC Group, he was an Independent Director of Seylan Bank PLC for nine years. He was also Chairman of the Ceylon Chamber of Commerce from 2015 to 2017 and an active member of the Chamber for more than a decade.

Mr. Ranatunga, who is leaving CIC to join a company in the field of Medical Technology, was instrumental in taking CIC to a pre-eminent position in the field of agriculture and also contributed towards its leading position in the pharmaceutical industry. He holds a degree from the University of Delhi and a Masters in Business Administration from the UK. He has also studied the agricultural measurement and productivity systems in Australia, India, Thailand, Portugal, Chile and in many other countries.

In addition, he has been a pioneer in coordinating and setting up CIC agribusinesses becoming the premier agricultural company in Sri Lanka.

He has helped in developing the seed to shelf concept where 20,000 farmer families are helped to bring produce to consumers.

(DEC)

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