Board Of Directors

Mr. Muditha S. G. Peiris Chairman & CEO

Litro Gas Lanka Limited & Litro Gas Terminal Lanka (Private) Limited.

Mr. Peiris served as the Managing Director of Litro Gas Lanka Ltd and Litro Gas Terminal Lanka (Private) Ltd from 2015 to 2019. During his tenure, Litro Gas gained market share from 60% to 80% which lead to a sharp growth of the company revenue from 26 Billion to 46 Billion annual turnover.

The Company thrived under the leadership of Mr. Muditha Peiris. With his vision of increasing the domestic LPG usage from 45% to 85%, creative and innovative measures were taken to enhance and gradually change the lifestyle of households who were using firewood and kerosene for domestic cooking. Industries which were using alternative energy in their manufacturing process were transformed seamlessly to use the cleaner, efficient and environmentally friendly energy option for economic development. This prompted Mr. Peiris to initiate a separate department with a highly qualified team for Health, Safety & Environment.

Mr. Muditha Peiris’s vision of increasing the domestic market share inspired him to forge ahead with establishing more Litro Gas points of sale for the convenience of customers to purchase their requirements within their neighborhood. Hence, the Litro Gas dealer network expanded from 3,500 to 12,500 island wide, creating direct and indirect jobs within those communities. As a result of market expansion and product availability, the Company’s bottom line steadily increased and Litro Gas was able to contribute Rs. 34.5 billion as tax and Rs. 13 billion as dividend to the government of Sri Lanka.

With the recent re-appointment of Mr. Muditha Peiris as the Chairman & CEO of Litro Gas Lanka Ltd and Litro Gas Terminal Lanka (Pvt.) Ltd on 15th June 2022, he formulated effective and efficient strategies with the Management Team to mitigate & eradicate the existing gas queues which was a result of the economic and social instability of the country during that period. The strategic plans were successfully implemented by the Litro Distributors and dealers together with the Litro Staff. Under Mr. Peiris’s direction, the Company was able to supply and distribute 2.2 million cylinders in 20 days. The seamless supply of LPG to the commercial and industrial sectors steadily revived the businesses and helped mitigate the economic crisis. Export oriented industries started functioning while the restaurants and eating houses recommenced their operations by recalling their employees and establishing their business and usual. As at today, there are no queues for gas and the Company too, was able to revive its business.

The experience and courageous leadership of Mr. Muditha Peiris has enabled him to formulate a long term strategy for the Company to ensure Sri Lanka will never have to face economic and social unrest due to the lack of LPG.

Asoka Bandara

Litro Gas Lanka Limited & Litro Gas Terminal Lanka (Private) LTD

Mr. Asoka Bandara was appointed as a Director to the Board of Litro Gas Lanka Limited in 2020. He holds a Post Graduate Diploma in Marketing from the Chartered Institute of Marketing (UK) and an MBA from University of Colombo.

At present, Mr. Bandara serves as a Non-Executive, Independent Director at People’s Leasing & Finance PLC, Director at Buildmart Lanka (Pvt) Ltd and operates management consultancy services for leading local conglomerates. He also currently serves as Group Head of Corporate Affairs and Strategy at Maliban Group of companies and acts as a Vice President of Sri Lanka Dairy Association under the Chamber of Commerce.

Mr. Bandara counts over 30 years of expertise in demand generation function and business development in MNC’s and leading local corporates. He has been a MANCOM member of Nestle Lanka PLC and Group Managing Director of Delmege Forsyth Group of companies. His core competencies include building of branded businesses and development of commercial teams. As a Trainer, he specializes on developing team leadership and personality development and imparts his knowledge via MBA teaching on topics i.e. leadership, strategic management and advanced marketing and sales management. He also acts as a key negotiator by leveraging his issue management skills for leading Industry bodies vs key stakeholders.

M. Shanthikumar

Litro Gas Lanka Limited & Litro Gas Terminal Lanka (Private) LTD

Mr. M. Shanthikumar counts more than 45 years of experience in the field of hospitality as a veteran, where he has held very senior leadership positions in the industry.

He joined the Board of Litro Gas Lanka Limited in 2020 and brings a wealth of management expertise to the Board.
Having commenced his professional qualifications in Master’s in Hospitality Management from the European Continental University London, (London, UK) Mr. Shanthikumar is also a Fellow of The Business Management Association London, (London, UK) a Fellow of The Society of Sales & Marketing London, (London, UK) a Fellow of Institute of Hospitality and a Fellow of Thomes College, UK Confederation of Tourism & Hospitality.

He currently works as a Director – Alhambra Hotels Ltd, Owners & Operators of Ramada by Wyndham Colombo and has been serving in the position for the past 45 years.

Mr. Shanthikumar currently serves as Director – Sri Lanka Tourism Development Authority, President – Colombo City Tourist Hotels Association, Vice President – Tourist Hotels Association of Sri Lanka and Director – Ramada Hotel Katunayaka.
His previous tenures include, Director – Sri Lanka Convention Bureau, Acting Chairman, SLCB – Sri Lanka Convention Bureau, Appointed to Advisory Panel on Colombo city hotels – Ministry of Tourism, Director – Sri Lanka Investment Holdings Ltd, and CEO/ Director – Global Towers Hotel

Mr. R. A.Susantha Kumara Ranasinghe

Board Director - Litro Gas Lanka Limited

Mr. Ranasinghe serves as a Director of the Department of Public Enterprises, Ministry of Finance where he has been actively engaging with oversight of major State-Owned Enterprises and counts over 20 years of experience in the Public Sector. He has served as a Board Member at various State-Owned Enterprises including Nevil Fernando Teaching Hospital, Vehicle Emission Trust Fund and in many other committees as well. He currently serves as a Board member of Litro Gas Lanka Ltd and Elkaduwa Plantations Ltd.

He has a bachelor’s degree in Commerce from the University of Colombo and has earned a Master of Science Degree in Economics and Development Policy from the University of Hiroshima, Japan and Master of Business Administration Degree from the University of Rajarata, Mihintale. He is a member of Chartered Public Finance Accountant (CPFA) in the Institute of Chartered Accountants of Sri Lanka and Member of Chartered Institute of Public Finance & Accountancy, London. In addition, he has completed a Diploma in Public Procurement and Contract Administration from the Miloda-Academy of Financial Studies, Colombo.

He has gained foreign trainings and exposures in related to Accounting, Financial Management, and Procurement Management & Risk Management from reputed international Institutions/Universities.