Board of Directors

Amal Cabraal is an independent non-executive director of Sunshine Holdings PLC since 2017. He was appointed Vice Chairman of the company in February 2020 and took over as the Chairman in June 2021.

Cabraal is an accomplished business leader with over four decades of management experience in both local and international markets. He currently serves as the Chairman of Lion Brewery (Ceylon) PLC, Ceylon Beverage Holdings PLC, Silvermill Investment Holdings, and CIC Feeds Group of Companies. In addition to his numerous leadership roles, he also serves as a Non-Executive Director of John Keells Holdings PLC and is a business advisor to several other companies.

Previously, Cabraal served as the Chairman and Chief Executive Officer of Unilever Sri Lanka, where he gained extensive knowledge and expertise in the consumer goods industry. He has also completed the stipulated maximum nine-year tenure as a Non-Executive Director of Hatton National Bank PLC, providing him with deep insights into the banking sector.

Cabraal is a member of the Board of the Ceylon Chamber of Commerce, and also serves on the Management Committee of the Mercantile Services Provident Society. As a marketer by profession and a Fellow of the Chartered Institute of Marketing-UK, he brings a wealth of marketing and branding expertise to his leadership roles. Cabraal holds an MBA from the University of Colombo, and is an executive education alumnus of INSEAD-France.

Mr V Govindasamy holds a MBA from the University of Hartford, USA. He is a fellow member of the Institute of Certified Professional Managers of Sri Lanka. Currently, serves as an appointed member of the Governing Board of the Central Bank of Sri Lanka. He is the Immediate past Chairman of the Ceylon Chamber of Commerce.

Mr A D B Talwatte is a fellow member of The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Chartered Institute of Management Accountants of the UK, has served as the Country Managing Partner of Ernst & Young Sri Lanka for over a decade. Besides his distinguished career of more than 39 years in Assurance, Business Risk and Advisory Services, Talwatte has served as the head of numerous leading industry bodies and has been closely associated with the development of Corporate Governance in Sri Lanka.

A former President of The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) (in 2002/03) and the Chartered Institute of Management Accountants (in 1995/96), he now functions as the Chairman of Management Systems (Pvt) Limited (MSL). He serves on Boards and chairs the audit committee of several Public Listed Companies.

Shyam brings over 21 years of corporate experience, demonstrating local business leadership, executive management skills, and extensive expertise in healthcare and consumer sectors. Shyam is a committee member of the Ceylon Chamber of Commerce (CCC) and the former president of the Sri Lanka Chamber of Pharmaceutical Industry (SLCPI). Shyam started his career at Arthur Andersen, UK, in Corporate Finance, focusing primarily in raising capital for mid-sized companies. He joined SUN in 2005. He is a graduate of the London School of Economics, UK with an MBA from the Kellogg School of Management, Northwestern University, USA and completed the Owner/President Management (OPM) program at Harvard Business School, USA.

Mr Sivakrishnarajah Renganathan completed the entirety of his more than four-decade of banking career at the Commercial Bank of Ceylon PLC where he held several key positions. He retired as the Bank’s Managing Director/Chief Executive Officer after serving on the Bank’s Board as an Executive Director for nearly eight years.

He led the team to acquire the Banking operations of Credit Agricole Indosuez in Bangladesh in July 2003 as the first Country Manager and successfully established the Bank’s operations with a high rating during the first five years of his tenure. He was the first Chief Risk Officer who led the establishment of integrated Risk Management within the Commercial Bank.

In addition, Mr Renganathan served as Managing Director and a Board Member of the Commercial Development Company PLC (Listed in the Colombo Stock Exchange), and Commercial Bank of Maldives Private Limited as Deputy Chairman. He was also a Director of the Lanka Financial Services Bureau Limited and the Sri Lanka Banks’ Association (Guarantee) Limited. In addition, he also served as a Council Member of the Employers Federation of Ceylon, Vice Chairman of the International Chamber of Commerce Sri Lanka, Executive Member of the Ceylon Chamber of Commerce and an Executive Member of the Council for Business with Britain.

He is a Member of the Sri Lanka Institute of Directors, and the Vice President of the Sri Lanka India Society.

Mr Renganathan currently serves on the Boards of Hatton National Bank PLC, Ceylon Hospitals PLC, Janashakthi Life Insurance PLC, Agility Innovations Ltd., Marino Leisure Holdings Ltd. and Damro Holdings Ltd. as a Non-Executive Independent Director in addition to Sunshine Healthcare Ltd., Healthguard PVT Ltd., Lina Spiro (PVT) Ltd., and Lina Manufacturing Private Ltd.

He is a Fellow of the Chartered Institute of Management Accountants, UK (FCMA), Chartered Global Management Accountant (CGMA), Fellow of the London Institute of Banking & Finance, UK (FLIBF) and a Fellow of the Institute of Bankers Sri Lanka (FIB), and has received extensive leadership, management and banking training locally and overseas. He is a whole island Justice of Peace.

Mr Reyaz Mihular served as the Managing Partner of KPMG Sri Lanka & Maldives from 1 April 2012 to 31 March 2022 and was the Chairman of KPMG’s Middle East & South Asia (MESA) Regional Cluster during the period 1 October 2018 to 30 September 2021. Reyaz previously served a term as the Chief Operating Officer of the MESA regional office. He also served on KPMG’s Europe Middle East & Africa (EMA) Board and on the Global Council of KPMG International.

He is a Past President and Fellow Member of The Institute of Chartered Accountants of Sri Lanka and is a Fellow Member of the Chartered Institute of Management Accountants (CIMA) – UK. He also served as the Chairman of the CIMA Sri Lanka Division during the year 2013. Reyaz has completed International Executive Education programmes at INSEAD, France, Harvard Business School and the London Business School, UK.

Mr Reyaz served as a Board Member of the International Accounting Standards Committee (IASC) for a 5 year term from July 1995 to December 2000. Subsequently he served on the IASC’s Standing Interpretations Committee for a year and as a Member of the IFRS Advisory Council of the International Accounting Standards Board for a 5 year period. He also served as a member of the International Ethics Standards Board for Accountants (IESBA) for a six year term from January 2013 – December 2018.

Mr Reyaz presently serves as Chairman of Bairaha Farms PLC and as an Independent Non-Executive Director of Melstacorp PLC, Watawala Plantations PLC, Agility Innovation (Pvt) Ltd., LTL Holdings Ltd., and DAMRO Holdings Ltd. He also serves on the Colombo Port City Economic Commission as a Commissioner and as a Member of the Stakeholder Engagement Committee of the Central Bank of Sri Lanka.

Mr Sanjeev Shishoo is a qualified healthcare management professional holding a B Pharma, M Pharma and MBA from the Indian Institute of Management – Calcutta, a leading business school in India.

He was the Corporate Vice President, Global Shared Services, at Novo Nordisk a global healthcare company with more than 90 years of innovation and leadership in diabetes care. Headquartered in Denmark, Novo Nordisk employees over 50,000 people in 80 countries and markets its products in more than 170 countries.

He has previously been the Vice President, Business Area Oceania & South East Asia, based in Kuala Lumpur, Vice President, Regional Officer Far East based in Bangalore and Vice President of the Regional Office in India.

Mr Sanjeev Shihoo has a track record of creating high performing teams that deliver ambitious targets and is skilled in Marketing strategy & implementation. Building healthcare brands has been his passion and was responsible for making Novo Nordisk’s insulin, Mixtard, the number 1 Pharma brand in India.

Mr G Sathasivam began his career in the pharmaceutical sector. Over the past 57 years of success and innovation, he established Sunshine Healthcare Lanka Limited (SHL) into a leader in Sri Lanka’s pharmaceutical industry. Not content to rest on his laurels, he drove the Group’s diversification into uncharted territories – molding Sunshine Holdings into the pride of the nation. His business acumen has recognised both in Sri Lanka and abroad. He is the Founder of Sunshine Holdings PLC.

Mr Sudarshan has a strong passion for healthcare and the education sector. He is currently the Secretary General of the Indian Pharmaceutical Alliance (IPA), a Senior Advisor with APAX Partners and also a Board Member of multiple organisations. He is the Chairman of the Indian Institute of Health Management and Research (IIHMR, Jaipur) and Life Science Sector Skill Development Council. He has served in several leadership positions over the years and was earlier the Managing Director at Abbott Healthcare Solutions.

He has a rich healthcare business experience of over 40 years which includes stints in Abbott, Johnson & Johnson and leading Indian companies. His experience covers across Pharmaceutical, OTC, Hospital, Diagnostic and Nutrition businesses.

Mr Jain has received a number of recognitions for his contributions within the Company, with academic institutions and with industry associations. He is the first Indian recipient of the Global Chairman’s Award at Abbott. Sudarshan has also served as Vice President of the Organisation of Pharmaceuticals Producers of India (OPPI) representing research based pharmaceutical companies. He is currently a member of the Board of Abbott India, Healthium Limited (APAX portfolio company), Sunshine holdings ,member of the Advisory Board of Narsee Monjee University, Mumbai (NMIMS), a Board Member of the Indian Education Society (IES) and a Charter Member of The Indus Entrepreneurs, Mumbai (TiE).

Mr Tyeabally Akbarally has been a Director of Akbar Brothers Group of Companies since 1979, and presently holds the position of the Managing Director and is actively engaged in the Tea and Commodity Export Trade. He was a former Chairman of The Colombo Tea Traders Association, and Spices & Allied Products Producers’ and Traders’ Association. He was also a Director of Amãna Bank and the Chairman of Amãna Takaful PLC and is on the Boards of several other companies. Mr Akbarally is a Trustee of the M H Kanji Charitable Trust.

Mrs Aruni Goonetilleke is a financial services expert with over 25 years of experience in regional financial markets. She has extensive experience in risk management, credit, audit, and business origination having held leadership positions in local and international banks. Her last role was Head of Corporate Banking at People’s Bank, where she was responsible for a large portfolio of public and private sector clients. Immediately before that, she was the Head of Credit for Commercial Banking, at Standard Chartered Bank, Singapore. She has also held the positions of Head of Credit for SME at Standard Chartered Bank, Singapore, Chief Risk Officer, at Standard Chartered Bank, Sri Lanka, and global audit roles in wholesale and retail Bank and distressed assets management at Standard Chartered Bank Singapore. She is a former Chairperson of Hatton National Bank PLC.

She has a Master’s in Law from Harvard Law School, Harvard University, USA, and a Bachelor’s in Law (Honours) from the Faculty of Law, University of Colombo, and was a visiting lecturer in law at the University of Colombo.

She is a Non-Executive Director of Tea Smallholder Factories PLC, PGP Glass Ceylon PLC and an audit committee member of Goodhope Asia Holdings Ltd.

Aruna Deepthikumara, a finance expertise with over 20 years of experience in reputed business entities. Currently, he is an Executive Committee Member, and Group Chief Financial Officer at Sunshine Holdings PLC since August 2017.

Aruna previously served in BASF Lanka (Pvt) Limited, fully owned subsidiary of BASF SE, Germany, as a Board member and Chief Executive Officer to drive Sri Lanka business operations from January 2016 to July 2017. He was also served as Finance Director at BASF Lanka since 2013.

Aruna served in his career journey as Accountant, Management Accountant, and Finance Manager in the Property Sector at John Keells Holdings PLC between 2004 and 2013, and also an alumni of Ernst & Young, Colombo.

Aruna is a Fellow Member/FCA of The Institute of Chartered Accountants of Sri Lanka and an Associate Member/ACMA of the Institute of Certified Management Accountants of Sri Lanka. In addition, he holds a degree in B.Sc. Marketing Management from the University of Sri Jayewardenepura, and was also CIM (UK) qualified.