Overseas Realty (Ceylon) PLC appoints Dr. Ranee Jayamaha as the new Chairperson
Overseas Realty (Ceylon) PLC announced the appointment of Dr. Ranee Jayamaha as the new Chairperson of the Company with effect from 23rd July 2025, following the demise of Mr. Ajit Jayaratne, who served as Chairman of Overseas Realty (Ceylon) PLC since 2021.
Prior to being appointed as Chairperson of the Company, Dr. Ranee Jayamaha was a Director of the Company since 2013.
Dr. Ranee Jayamaha graduated from the University of Peradeniya, Sri Lanka, and holds an MSc from the University of Stirling, UK, a PhD from the University of Bradford, and an honorary Doctor of the University (DUniv) from Stirling,UK.
Dr. Jayamaha currently holds Director Posts at the Regional Centre for Strategic Studies and the Transnational Lanka (Pvt) Limited. She served as an appointed member of the Monetary Board of the Central Bank of Sri Lanka (CBSL) during July 2020-Sep 2023. Dr. Jayamaha had been the Deputy Governor in charge of Financial System Stability of CBSL from 2004 up to her retirement in 2009. She has over 50 years of extensive experience in the field of economics, banking, finance, regulation and administration, having held a number of positions in the CBSL and outside.
On release from the CBSL, she has served as Secretary – Presidential Commission on Finance & Banking, Advisor- Financial Sector Reform Committee, Ministry of Finance and Special Advisor (Economic), Commonwealth Secretariat, London, UK.
Dr. Jayamaha has been a member of the Securities & Exchange Commission of Sri Lanka, the Insurance Board of Sri Lanka, the Chairperson of Credit Information Bureau of Sri Lanka and the National Payments Council. Internationally, Dr. Jayamaha has been a Member of the Working Group on General Payment System Development of the Bank for International Settlements, Member of the Global Payments Forum, Member of the Advisory Panel of the G8 Remittance Working Group and Member of the Expert Panel of the Safeguard Assessment Policy Review 2010 of the IMF.
The Singapore based real estate specialists, Shing Kwan Group are the majority shareholders of Overseas Realty (Ceylon) PLC, the premier property investment, development, and management Company in Sri Lanka, owning the iconic World Trade Center and Havelock City Developments.