MAC Holdings Private Limited announced the appointment of Fumio Otani as the newly appointed Chairman of the Board.
He will take over this role, from the incumbent Chairman / Managing Director, Andre Fernando who will be relinquishing his chairmanship and taking over as Managing Director of the group.
Fumio Otani said, “MAC Group of companies is already a leader in its varied sectors which they engaged in, but I believe it has the potential to grow much further. I’m looking forward to working with the board and management team to build the business through innovation, product & sector enhancements, special focus on power and renewable energy, while explore investment opportunities to the group of companies.”
Otani is a Japanese national, and held multitude corporate positions during his illustrated carrier spanning 38 years at Toshiba Corp. (Toshiba Energy Systems and Solutions Corp, Toshiba Americas and Toshiba Asia Pacific). His forte has been, company restructuring, digital transformation and special interest on to Thermal, Hydro and Renewable energy business systems.
Andre Fernando, Managing Director of MAC Holdings Private Limited expressed, “Fumio Otani’s long history of leadership, coupled with his successful track record in leading MNC’s makes him an ideal candidate to steer the company as its Chairman. To his credit he was involved in two power projects in Sri Lanka namely Kukule Ganga and Samanala Wewa large scale hydro projects.”
“I’m confidence with is international exposure we are assured that he will bring in multinational culture, Japanese investors and FDI opportunities, strategic expertise in power and renewable energy sector which will help with the GOSL’s vision to make the country 70% on renewable energy mix.”
0 comments: