Lanka Orix Securities rebranded as Capital TRUST Securities

Lanka Orix Securities was rebranded as "Capital TRUST Securities" with a new logo, new Shareholders and a Board of Directors approved by the Colombo Stock Exchange and Securities and Exchange Commission. However, the same legal entity, infrastructure and staff will continue.

Moksevi Prelis, the new Chairman of the company said " Capital TRUST" signifies the trust placed by its clients not only in the capability of the company to nurture and grow their capital but also in its corporate values of professionalism and integrity. Although, our company name and branding have changed, our clients including all other stakeholders can be assured of an even more professional and better service. We will continue to build on the innovation and support that they have always associated with the company over the years". He also said that with the rapid economic growth expected after the end of the long civil war he expects the Capital TRUST Group to expand in the future into synergistic areas such as Debt Securities, Fund Management and Investment Banking."

The stock broking firm which commenced operations in 1990 has undergone several changes of names, shareholders and boards of directors in the past. However, from 2003 it expanded its operations rapidly spearheaded by the dynamic management team led by its Managing Director/CEO Tushan Wickramasinghe.

It is today a major player in the country's securities market with probably the largest high-net-worth and retail client base in the country, served through its network of interconnected offices in Colombo, Kandy, Matara, Negombo, Kurunegala and Kalutara.

The combined track record, international links and the operational networks in the key financial markets in the world, of the new shareholders and directors as well as their commitment is expected to greatly enhance the company's foreign business.

Innovative Capital TRUST-IT solutions would enable clients to instantaneously monitor and access directly the Colombo Stock Exchange as well as access the comprehensive data related to their accounts in the back office system of the company, from any part of the world.

Capital TRUST-Research has a finger on the pulse of any changes in stock movements through real time use of Fundamental Analysis and Technical Analysis systems to inform and evaluate purchase and sale decisions of stocks.

Moksevi Prelis, the new Chairman of the company was the CEO/Director of DFCC Bank and Nations Trust Bank, Chairman of Ceylon Electricity Board and Chairman of Association of Development Finance Institutions of Asia Pacific. He has also been a Director of several financial sector companies including BNP-Paribas South Asia Asset Management Co., NAMAL, HDF Securities and Lanka Ventures.