New Chairman and Chief Executive of the EDB assumes duties

Prabhash Subasinghe, a well-known entrepreneur, assumed duties as the new Chairman of the Sri Lanka Export Development Board (EDB) yesterday (19th). He said that he was proud to be a Sri Lankan and intends to take every possible step to take Sri Lanka to the world. “I am quite honoured to take up this position because I have dedicated my entire life to take Sri Lanka to the world through my numerous business ventures. Now with this appointment, I get the opportunity to take the entire export sector of Sri Lanka to the world”, the newly appointed EDB Chairman remarked.

Mr. Subasinghe is an ambitious and astute entrepreneur, with a charismatic, passionate and courageous disposition, whose rapid success is an embodiment of the leadership qualities he sets forth, inspiring his adage - “to be successful, you should first set the example”. He possesses a degree in Applied Economics and Business from the prestigious Cornell University and subsequent further higher studies at Harvard University, the USA. He has diverse business interests in specialty tires, seafood, insurance, and banking.

Currently leading a Group of Companies which has achieved outstanding success in an international scale, Prabhash is a proven leader with a steadfast passion to build great businesses. He is currently the Managing Director of GRI (Global Rubber Industries Pvt. Ltd.), a manufacturer of high-performance Specialty Tires, which sells its products in over 50 countries. He is also the Managing Director of GSF (Global Sea Foods Pvt. Ltd.), a processor and supplier of high-quality seafood, a group which also has ten offices globally.

His latest entrepreneurial endeavour is Ayenka Holdings, an Investment Company. He is the principal shareholder of Ceylinco Insurance, in addition to being a director of the Sanasa Development Bank and has an investment stake in the Sampath Bank.

He aspires to contribute significantly to the growth of exports and envisions being a catalyst for the next generation of growth, whilst working towards achieving new heights in the export sector of Sri Lanka.