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Separating Chairman and CEO roles in PLCs
Daily FT
|September 10, 2025
AT a recent forum organised by the Sri Lanka Institute of Directors (SLID), the CSE, and the SEC, business leader Murtaza Jafferjee made a powerful case for separating the roles of Chairman and Chief Executive Officer (CEO).
This argument aligns with a global consensus on corporate governance: structures that ensure accountability, transparency, and oversight are fundamental to a company's health and investor trust.
From my experience as Chairman of three listed banks, including Sri Lanka's two largest, I firmly believe this separation is not just beneficial but essential within the financial sector. However, for companies with concentrated, family-owned, or founder-led structures, the issue demands a more nuanced approach.
Separation
This story is from the September 10, 2025 edition of Daily FT.
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