Hayleys PLC announced this week the appointment of Timothy Allen Brent Speldewinde to its board. In a filing to the Colombo Stock Exchange (CSE), Hayleys PLC said Speldewinde will serve as a Non-Executive Independent Director with effect from 3 January 2024. Speldewinde is a Fellow Member of CA Sri Lanka and a Fellow of the Chartered Institute of Management Accountants, UK.

He was the former CEO of Stretchline Holdings headquartered in Hong Kong, with manufacturing facilities in Sri Lanka and overseas. Speldewinde possesses wide experience in managing local as well as international facilities and has been an integral member of the MAS Group for over 26 years. He also serves as a consultant to the Board of MAS Holdings (Pvt) Ltd. and currently serves on the boards of The Kingsbury PLC, Horana Plantations PLC and Wealth Trust Securities Limited as Audit Committee Chairman.

He is also a Director of Contemporary Ceylon (Pvt) Ltd. Speldewinde holds 5,000 shares in the company to-date. In addition to Speldewinde, the Board of Directors of Hayleys comprises Mohan Pandithage, S.C. Ganegoda, H.S.R. Kariyawasam, H. Cabral, L.R.V. Waidyaratne, M.H. Jamaldeen, M.Y.A. Perera, J. Dharmasena, and R.J. Karunarajah, K.D.G. Gunaratne.