Sri Lanka’s leading conglomerate Abans Group yesterday, participated at the marketing opening ceremony at the Colombo Stock Exchange to celebrate the 50th Anniversary of the Company.
Speaking at the event, Abans Group CEO Sriyan de Silva Wijeyeratne, said the Company is looking forward to transform the company yet again, bringing new professional management and board structures and new technology, while looking at product diversification in a large way.
“The Company is evolving yet again. Abans is very bullish on its future. We at Abans, would continue to grow on this ambitious growth path and make every effort to propel the company to the next level of growth. Also, we look forward to serve and transform the country in a big way,” he said.
He noted that Abans Pestonjee, the founder of Abans Group, had a clear vision to build a national footprint and diversity into other ventures when she embarked on establishing the Abans Group.
“Gradually, the company started embracing the notion of becoming a conglomerate; in other words, Abans in its own unique way, had managed to become a national conglomerate, making a sizable contribution towards the economy and as well as to the well-being of all Sri Lankans, which is the real core of Abans, uplifting the standards of the people in this country,” he said.
Speaking further, he said that Sri Lanka seems to be missing out on the emergence of entrepreneurial spirit nationwide.
He said many young and smart graduates prefer to jump into professional work, rather than becoming entrepreneurs in the country, while collective efforts should be made to nurture the entrepreneurial spirit and create a start up culture in the country. He further said that the country needed a strong leadership with sound economic and social vision, so that businesses would have the capability of contributing much more to the economy. In order to create sustainable businesses in the country, he said, it is also essential to build a proposition which goes beyond the realms of power and timeline of any political leader or party in the country.
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