Hemas Holdings announced the appointment of Husein Esufally as Chairman. Steven Enderby has been appointed as Group Chief Executive Officer from April1, 2014. In order to make a smooth transition Enderby has been appointed to the company's Board with immediate effect, and will play the role of Deputy CEO.

The company has also appointed the Group Chief Financial Officer, Malinga Arsakularatne to the Board. During the interim period the current CEO Husein Esufally will take on the dual role of CEO and Chairman until 31 March 2014. Thereafter, he will play the role of Non-Executive Chairman, providing continuity and support to the incoming CEO.

CEO designate Steven Enderby's global experience spans across four continents over a period of three decades. His experience through global firms such as CDC Capital Partners and Actis have given him exposure to multiple business sectors and corporate environments. He worked for five years in Colombo in the late nineties and has been closely involved in the Sri Lankan business environment over the last 17 years, including serving as Director of John Keells Holdings, National Development Bank, Lion Brewery and Millennium Information Technologies.