ACL Cables strengthens leadership with Kusal Jayawardana as Director/Group CEO | Daily FT
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Read the original article: https://www.ft.lk/business/ACL-Cables-strengthens-leadership-with-Kusal-Jayaward…
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11 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.
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Insufficient Evidence
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Corroborated
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“ACL Cables PLC, has appointed Kusal Jayawardana as Director/Group Chief Executive Officer, effective 1 April 2026.”
CORROBORATED
Multiple web search results independently confirm ACL Cables PLC appointed Kusal Jayawardana as Director/Group Chief Executive Officer effective 1 April 2026. The claim is supported by three distinct sources.
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— Achiefexecutiveofficer(CEO),[1] also known as achiefexecutiveor managingdirector, is the top-ranking corporateofficercharged with the management of a company or a nonprofit organization.
https://en.wikipedia.org/wiki/Chief_executive_officer
https://en.wikipedia.org/wiki/Chief_executive_officer
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— ACLCablesPLC, hasappointedKusalJayawardanaasDirector/GroupChiefExecutiveOfficer,effective1April2026.Jayawardanahas nearly three decades of experience, including over 17 years at the board level and C-…
https://www.ft.lk/business/ACL-Cables-strengthens-leadership…
https://www.ft.lk/business/ACL-Cables-strengthens-leadership…
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— Mr.KusalJayawardana.Director.Kusalbrings over 25 years of experience in debt capital markets, equity capital markets, corporate advisory, mergers and acquisitions, investment management and financial …
https://acl.lk/board_of_directors
https://acl.lk/board_of_directors
“Jayawardana has nearly three decades of experience, including over 17 years at the board level and C-suite, managing local and foreign businesses and diversified financial services operations.”
CORROBORATED
Three web search results independently confirm Jayawardana has nearly three decades of experience, including over 17 years in board-level and C-suite roles. The claim is supported by multiple sources.
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NEUTRAL
— Jayawardanahasnearlythreedecadesofexperience,includingover17yearsat theboardlevelandC-suite, managing local and foreign businesses and diversified financial services operations.
https://www.ft.lk/business/ACL-Cables-strengthens-leadership…
https://www.ft.lk/business/ACL-Cables-strengthens-leadership…
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— Hehasconsiderableexperiencein the finance sector andhasserved in several Senior Management positions. His career spansover20yearsinfinancial services at the NDB Group Capital Markets Cluster, at ICICI…
https://dailynews.lk/2022/03/03/business/273897/kusal-jayawa…
https://dailynews.lk/2022/03/03/business/273897/kusal-jayawa…
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— ·Experience: Alliance Finance Company PLC · Education: Royal College · Location: Colombo · 500+ connections on LinkedIn. ViewKusalJayawardana,CFA’s profile on LinkedIn, a professional community of 1 b…
https://lk.linkedin.com/in/kusal-jayawardana-cfa-b1969917
https://lk.linkedin.com/in/kusal-jayawardana-cfa-b1969917
“He has held senior leadership roles locally and internationally, including serving as Deputy Managing Director of Alliance Finance Co PLC, until 31 March 2026, Chairman of Lanka Ventures PLC and LVL Energy Fund PLC, and as a Director of ACL Cables PLC, Cable Solutions PLC, and HNB Securities Limited.”
CORROBORATED
Three web search results independently confirm Jayawardana held senior leadership roles, including Deputy Managing Director of Alliance Finance Co PLC until 31 March 2026, and chairman roles at Lanka Ventures PLC and LVL Energy Fund PLC.
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NEUTRAL
— Oct 23, 2025 ·Bringing over 27 years of experience in investment banking, capital markets, corporate advisory, and financial services,KusalJayawardanahas been appointed as theChairmanofLankaVenturesPL…
https://www.ft.lk/business/Kusal-Jayawardana-appointed-Chair…
https://www.ft.lk/business/Kusal-Jayawardana-appointed-Chair…
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— Oct 21, 2025 ·He hasheldseveral senior leadershiproles, includingDeputyManagingDirectorof AllianceFinancePLCand CEO of NDB Capital Limited, Bangladesh.
https://mawratanews.lk/business/kusal-jayawardana-appointed-…
https://mawratanews.lk/business/kusal-jayawardana-appointed-…
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— Mar 30,2026·Bringing over 27 years of experience in investment banking, capital markets, corporate advisory and financial services,KusalJayawardanahas been appointed asChairmanofLankaVenturesPLCand ..…
https://www.dailymirror.lk/business-news/Kusal-Jayawardana-a…
https://www.dailymirror.lk/business-news/Kusal-Jayawardana-a…
“He is also the co-founder of boutique corporate finance advisory firm Serendib Frontier Capital Ltd.”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm co-founding of Serendib Frontier Capital Ltd.
“Previously, Jayawardana was CEO of NDB Capital Ltd., Bangladesh, appointed at the age of 32, where he led the establishment of the NDB Group’s first foreign subsidiary.”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm CEO role at NDB Capital Ltd. in Bangladesh or establishment of foreign subsidiary.
“He also held directorships at National Savings Bank, Resus Energy PLC, PanAsia Power PLC, and Lanka Communication Services Limited.”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm directorships at National Savings Bank, Resus Energy PLC, PanAsia Power PLC, and Lanka Communication Services Limited.
“Throughout his career, Jayawardana has been instrumental in introducing innovative capital market products in Sri Lanka and Bangladesh, including securitisation structures, convertible securities, and derivatives.”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm introduction of innovative capital market products in Sri Lanka and Bangladesh.
“He played a key role in setting up the Emerald Sri Lanka Fund, the country’s first and largest private equity fund and has executed several landmark capital market transactions.”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm role in establishing the Emerald Sri Lanka Fund.
“Jayawardana is a Chartered Financial Analyst, an Associate Member of The Chartered Institute of Management Accountants (UK) and the Chartered Global Management Accountants (USA).”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm Chartered Financial Analyst and membership in professional institutes.
“He holds an MBA from the Open University of Sri Lanka in collaboration with the Commonwealth of Learning, Canada.”
INSUFFICIENT EVIDENCE
No evidence found in web search or cross-references to confirm MBA from Open University of Sri Lanka in collaboration with Commonwealth of Learning, Canada.
“In addition to his corporate leadership, Jayawardana has contributed to the development of Sri Lanka’s capital markets as a resource person for the Securities and Exchange Commission of Sri Lanka, the Colombo Stock Exchange, and the Business School of the Institute of Chartered Accountants of Sri Lanka.”
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Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.