Nov 09, 2020 (LBO) – Leading conglomerate Ambeon Group announced the appointment of Ajith De Silva as Managing Director/Chief Executive Officer of their textile subsidiary – South Asia Textiles Limited.
“We are pleased to have Ajith at the helm of South Asia Textiles,” stated Murali Prakash, Group Managing Director/Chief Executive Officer – Ambeon Capital PLC and Ambeon Holdings PLC and Director – South Asia Textiles Limited.
“Ajith brings with him a rich domain experience of transforming entities and has an exceptionally strong track record of business success in each of his previous roles. When globally businesses are challenged with dramatic shifts amidst a changing future in what’s described as the emerging next normal, his experience and business expertise is sure to be a beacon of light to the Company in its quest for supremacy in the chosen areas of business.” Prakash concluded.
Prior to his appointment at South Asia Textiles Limited, Ajith was the Managing Director/CEO of Kenpark & Regency Garments Bangladesh, which is a part of Hirdaramani group and one of the largest premier apparel manufacturing facilities in Bangladesh. Prior to that, Ajith was also the General Manager at Growth Lanka and the CFO of Bodyline, a part of the MAS Group.
A fellow member of the Chartered Institute of Management Accountants UK (CIMA), he has undergone Executive Education in Management and Leadership from reputed institutions such as Harvard, Wharton, INSEAD, and the University of Michigan.
South Asia Textiles, a subsidiary of Ambeon Holdings PLC, commenced its commercial operations in 2004. The company also specializes in Knitting, Dyeing, Finishing, Printing, Brushing, Sueding and Preshrunk fabric for leading global brands such as Victoria Secret, Next, Marks & Spencer, Tesco, Calvin Klein, Decathlon and Adidas.