Apr 11, Colombo: Mangala P.B. Yapa, a respected professional with extensive private sector and public sector experience, has been appointed as the new Chairman of the Board of Investment by President Maithripala Sirisena. He obtained his letter of appointment from President Sirisena at the President's office, today (11).
Mr. Yapa assumed duties as the 22nd Chairman of the country's apex investment promotion authority, following an earlier stint as a Member of its Board.
Previously, Mr. Yapa was the Managing Director and Chief Executive Officer of Colombo Dockyard PLC, a CSE-listed company, for many years and led the company's rapid growth and international expansion. Subsequently he headed the Ceylon Chamber of Commerce (CCC) as the Secretary General/CEO and was also President of the National Chamber of Exporters (NCE). He has functioned as Technical Advisor to the Ministry of Development Strategies and International Trade and played a pivotal role in recent strategic and large-scale FDIs.
Yapa holds a Master of Science in Engineering (Hons.), from Astrakhan Technical University, Astrakhan, Russia and a Master of Business Administration from the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura, Sri Lanka. He is a Fellow of the Institution of Engineers, Sri Lanka (IESL), Chartered Engineer accredited by IESL and a Member of the Institute of Marine Engineering, Science and Technology, UK, a Founder Fellow of the Chartered Professional Managers (FCPM) and a member of the PIM Alumni. is also an alumni of the Harvard Kennedy School's 'Leading Economic Growth' Executive Education program.