Mithila Wegapitiya appointed Vice Chairman of LAUGFS Holdings

MITHILA Wegapitiya has been appointed the Vice Chairman of LAUGFS Holdings Ltd., following the resignation of Thilak de Silva, who was also the Co-Founder, last week.

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He currently serves as the CEO of LAUGFS Power PLC, one of Sri Lanka’s largest public listed renewable energy companies, as well as operating as a Group Executive Director for LAUGFS Holdings, one of Sri Lanka’s most diversified conglomerates hosting 26 companies ranging from Power and Energy, Oil and Gas, Manufacturing, Retail, and Pharmaceuticals.

This appointment is fresh off the acquisition of 50% of shares of LAUGFS Holdings by Vallibel Three Ltd., of renowned business leader Dhammika Perera.

Son of other Co-Founder and Chairman W.H.K. Wegapitiya, Mithila Wegapitiya is a Liquefied Petroleum Gas (LPG) and renewable energy leader, technology entrepreneur, and an innovation enthusiast stemming from a management and finance, global marketing, and information technology background.