Home / Knowledge / News / Apparel/Garments / Priyan Fernando appointed as new Chairman of Brandix
Priyan Fernando appointed as new Chairman of Brandix
09
May '13
Brandix Lanka Limited has announced the appointment of Priyan Fernando, currently a non-executive Director, as Chairman effective 3rd May 2013.

Mr. Fernando, who is the Executive Vice President of Global Business Services at American Express, New York, succeeds Deshamanya Ken Balendra upon the latter’s retirement after 10 years as Chairman of Sri Lanka’s single largest apparel exporter.

Ken Balendra’s involvement with Brandix precedes the incorporation of the company. He was persuaded to join the Board of Phoenix Ventures Limited, the holding company of Brandix, in October 2001, and will continue as its Chairman after relinquishing chairmanship of Brandix. Mr. Balendra was appointed the founder Chairman of Brandix on 1st June 2003.

During his decade of leadership at Brandix, Mr. Balendra was instrumental in the adoption by the company of the corporate and reporting structures and the values of a public listed company, even though the company is privately owned.

This included the formation of audit and remuneration committees; best practices in corporate governance, risk management, corporate social responsibility and sustainability; and the production of annual reports, establishing a high degree of transparency. Mr. Balendra also provided visionary leadership for expansion and growth that saw Brandix triple its earnings and venture into India and Bangladesh during his tenure.

Referring to Mr. Balendra’s successor, Brandix CEO Ashroff Omar said: “Over the past two and a half years on the Board, Priyan Fernando has made valuable contributions to the growth of Brandix, and his extensive experience in corporate affairs at the global level has been of immense benefit. His appointment as Chairman will ensure that the strong leadership provided by Mr. Balendra will be continued.”

Brandix’s new Chairman is based at the American Express World Headquarters in New York. He heads the organisation that provides key business operations functions including Finance, Procurement, Real Estate Services, Human Resources and Business Transformation for the American Express enterprise worldwide.

Mr. Fernando was instrumental in establishing Financial Shared Servicing at American Express, which provided global financial services to the entire company from just three locations around the world.  He holds an MBA from Indiana University in the United States and has also served as President of the Global Customer Group and Chief Operating Officer of American Express Business Travel.

In this capacity, he led the globalisation and transformation of service delivery at American Express Business Travel to create a common customer experience, reflective of its brand around the world. Prior to this, he was the Chief Financial Officer of the Global Corporate Card and Travel Businesses.

Mr. Fernando is a member of the New York Society of Certified Public Accountants (CPAs). He has served on the Advisory Council of the Conference Board, the International Committee of the Chartered Institute of Management Accountants of the UK and the Board of Rearden Commerce. He is currently serving on the Advisory Council of the New York City Leadership Centre. A Chartered Accountant and a Chartered Management Accountant, Mr. Fernando is a Fellow member of these Institutes.

Consequent to Mr. Balendra’s retirement and Mr. Fernando’s appointment, the Board of Directors of Brandix Lanka comprises of Messrs Priyan Fernando (Chairman), Ashroff Omar (Chief Executive Officer), Aslam Omar, Feroz Omar, Trevine Jayasekara, Ajit Johnpillai and Udena Wickremesooriya.

Brandix


Must ReadView All

Courtesy: Mario Crosta

Textiles | On 23rd Oct 2018

'Global textile machinery market may grow at 14% by 2020'

Analysts have predicted that the global textile machinery market may...

Cotton production and exports in West Africa. Courtesy: FAS/USDA

Textiles | On 23rd Oct 2018

Record cotton production to drive West Africa exports

Cotton exports from West Africa for 2018-19 are projected to surpass...

Courtesy: Prudence Earl on Unsplash

Textiles | On 23rd Oct 2018

Sri Lanka's textile exports up 4.7% in Jan-July '18

Sri Lanka’s earnings from textiles and garments exports increased by...

Interviews View All

Kamlesh Vaghela, RK Textiles

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Anshul Sood, Oceedee

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Ravi Raj Desai,

Ravi Raj Desai

Himalaya Cotton Yarn Ltd manufactures high quality denier. The spinning...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search