- Economic aspirations are being pursued for Port City Colombo, establishing a successful model for economic zone development in Sri Lanka.
- Strategic investments are positioning Colombo as a premier destination.
Aberdeen Group subsidiary changes leadership; Port City Colombo executive takes helm
What happened
Sattar Kassim retired as Chairman of Ex-pack Corrugated Cartons PLC, a listed subsidiary of Aberdeen Group, effective November 18, 2026. Aberdeen Group appointed Thulci Aluwihare, an Independent, Non-Executive Director, as the new Chairman of Ex-pack. Aluwihare is the Deputy Managing Director of Port City Colombo Ltd. and brings international experience in mergers and acquisitions and public-private partnerships.
From ft.lk
Why it matters
The appointment places an executive involved in the Port City Colombo project into a leadership role at Ex-pack. This move aligns with strategic efforts to position Colombo as a major destination for strategic investments and economic zone development in Sri Lanka.
Strategic investments are positioning Colombo as a premier destination, pursuing economic aspirations for Port City Colombo as a model for economic zone development in Sri Lanka.
From ft.lk
Who's involved
- Aberdeen GroupParent company of Ex-pack Corrugated Cartons PLC, which underwent a governance change.
- Port City ColomboThe project executive whose Deputy Managing Director is now Chairman of Ex-pack.
Keep exploring
Part of
Strategic investments are positioning Colombo as a premier destination.Also in this story
- The Shoppes is expanding into an integrated lifestyle destination in Colombo.
- Pinto delivered a keynote address at a conference in Colombo on July 1, 2026, related to CMA Sri Lanka.
- HSBC and the International Finance Corporation are co-investing in the modernization of the Port of Colombo.
- Patrick Mendis advises on foreign policy regarding the Colombo Port City project, which is a key economic transformation initiative for Sri Lanka.
The entities involved
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Port City Colombo
place in Colombo, Sri Lanka
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Bank of Ceylon
government-owned Sri Lanka commercial bank
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Aberdeen Group
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