Former Chairman of Ceylinco Consolidated and Seylan Bank, Lalith Kotelawala, Passes Away at 84

Death – Obituary News : Deshamanya Deshabandu Lalith Kotelawala, former Chairman of Ceylinco Consolidated and founding Chairman of Seylan Bank, has died at the age of 84. His passing has been mourned, and may his soul rest in peace.

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Born on March 12, 1939, in Colombo, Sri Lanka, Kotelawala was a visionary leader and a prominent figure in the country’s financial sector. He made a significant impact on the banking industry, establishing Seylan Bank in 1987 and serving as its Chairman until 2008. Under his guidance, Seylan Bank grew to become one of the leading financial institutions in the country, providing innovative banking solutions and supporting economic development.

Kotelawala’s contributions extended beyond the banking sector. As the former Chairman of Ceylinco Consolidated, he played a pivotal role in the growth and diversification of the conglomerate. His strategic leadership and business acumen propelled Ceylinco Consolidated to new heights, making it one of the most successful and respected corporations in Sri Lanka.

Recognized for his outstanding achievements and invaluable contributions, Kotelawala was bestowed with the prestigious title of Deshamanya in 2000, a national honor that highlighted his exceptional service to the nation.

Beyond his professional success, Kotelawala was known for his philanthropic endeavors. He dedicated his resources to numerous charitable projects, focusing on education, healthcare, and poverty alleviation. His commitment to social welfare and his compassion towards the less fortunate earned him the respect and admiration of many.

Kotelawala’s passing marks the end of an era in Sri Lanka’s business landscape. His visionary leadership, integrity, and unwavering commitment to excellence have left an indelible mark on the nation’s financial sector. His legacy will continue to inspire generations to come, reminding them of the power of determination and perseverance.

As we bid farewell to this remarkable individual, our thoughts and prayers go out to his family, friends, and colleagues. May his soul rest in eternal peace..

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@TazMolligoda said The former Chairman of Ceylinco Consolidated and the founding Chairman of Seylan Bank, Deshamanya Deshabandu Lalith Kotelawala has passed away at the age of 84. May his soul Rest in Peace.