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CMG continues expansion streak with the appointment of three CEOs
In a contracting economy, when the country’s leading organisations are consolidating rather than making ambitious expansions, true to the ethos that the Capital Maharaja Group has become renowned for, expansion measures are being put in place under the stewardship of the Group’s Chairman, Sashi Rajamahendran.Looking to the next decade, three of CMG's companies have been entrusted to three industry leaders with proven track records of excellence.Suneth Kudaliyanage has been appointed CEO of Fox Resorts and Fox Vacations, the leisure arm of CMG, whilst Chandima Athukorala takes over Harcros Chemicals (HCPL), and M Chems, the agrarian sector of CMG, and Ramesh Sonaimuthu will provide leadership to M Entertainments in the Digital Rights Management sphere.Sunil Kanojia, Group Director / Chief Executive Officer weighing in on this decision says, “I don’t think CMG is a Group like any other in Sri Lanka. We have always been unconventional and bold in our decisions and agile in executing them.