On’Ally Holdings Plc, the owners of popular ICT products hub Unity Plaza, announced yesterday that Hisham Jamaldeen has been appointed as the Managing Director of the company.

The appointment follows Lanka Realty Investments Plc of which Jamaldeen is an Executive Director, acquiring a 51% stake in On’Ally Holdings Plc. Urban Development Authority owns a 45% stake.

Jamaldeen is a finance professional with over 20 years of experience and a seasoned commercial property investor and advisor. Mr Jamaldeen serves as a Director of Hayleys PLC, Talawakelle Tea Estates PLC, Haycarb PLC, Singer (Sri Lanka) PLC, Singer Industries (Ceylon) PLC and Regnis (Lanka) PLC. He is also an Executive Director of Lanka Realty Investments PLC.

He is the Founding Managing Director of Steradian Capital Investments Ltd and is responsible for financing, corporate structuring, acquisitions and development. He has also been the Executive Director of a number of real estate companies, focusing on commercial property investment and development.

He is a Fellow of the Association of Certified Chartered Accountants, UK and holds a degree in Engineering and Business from the University of Warwick, UK.

With the latest appointment the Board of On’Ally Holdings Plc comprises L.A.P.H. De Silva (Chairman), A.J.B. Warman (Deputy Chairman), M.H. Jamaldeen (Managing Director), G.T. Fazkeabas, W.L.D.P.V. Jayawardene, T. Sarveshwaran, E.A.C. Piyashantha, V.P. Senanayake, S. Neelakandan, A.A. Marikkar and K.J. Pradeep (alternate to A.J.B. Warman).

Reference - Published by Daily FT