RAM Ratings Lanka appoints two new directors

RAM Ratings (Lanka) Limited has appointed two new directors, i.e. Ms Liza Mohd Noor and Preethi Jayawardena, to its board with effect from January 1.

Liza is the Chief Executive Officer (CEO) of Malaysia's RAM Rating Services Berhad. She joined the organisation as one of its pioneer analysts in 1991. Liza has extensive experience in the ratings of corporate bonds and sukuk as well as bank ratings, and had served in several senior management positions before becoming RAM Ratings' CEO.

During the 1997/98 regional economic crisis, Liza had been seconded to the Corporate Debt-Restructuring Committee (or CDRC) - a unit of the Central Bank of Malaysia - where she had been principally involved in sector-wide restructuring schemes and the reorganisation of government- and state-owned enterprises.

Preethi Jayawardena is a Fellow of the Institute of Chartered Accountants of Sri Lanka (ICASL) and a Fellow of the Certified Professional Managers of Sri Lanka. He was a member of the Council of the ICASL from 2004 to 2006.

Jayawardena is also the managing director/CEO of Chemanex Plc, as well as a non-executive director of CIC PLC and many other public and private limited companies in Sri Lanka.

He is a member of the Monetary Policy Consultative Committee of the Central Bank of Sri Lanka. He is also the Senior Vice Chairman of the National Chamber of Industries of Sri Lanka, and a member of the Executive Council of the Institute of Directors of Sri Lanka.