Lalith Kotelawala
Born
Jeewaka Lalith Bhupendra Kotelawala

(1938-10-29)29 October 1938
Died21 October 2023(2023-10-21) (aged 84)
Colombo, Sri Lanka
Other namesLalith Kotelawala
Alma materRoyal College Colombo
TitleDeshamanya
Deshabandu
SpouseSicille Kotelawala
Parent(s)Justin Kotelawala, Millicent Kotelawala
RelativesJohn Kotelawala
Sam Peter Christopher Fernando

Deshmanya Deshabandu[1] Jeewaka Lalith Bhupendra Kotelawala (29 October 1938 – 21 October 2023) was a Sri Lankan businessman, who was the chairman of Ceylinco Consolidated and also was the founding chairman of Seylan Bank.[2] He was listed in the 2007 Sri Lanka Richest List.[3] He was remanded for the misappropriation of 26 billion rupees of investments from the failed Golden Key Credit Card Company .[4][5][6]

Early life and education

Lalith Kotelawala was born to Senator Justin Kotelawala, a Ceylonese politician and businessman, and Millicent Kotelawala nee de Silva, daughter of Sir Arthur Marcelles de Silva, a leading surgeon. He was educated at Royal College, Colombo and studied chartered accountancy in the UK.[7] He was the nephew of Sir John Kotelawala, the third prime minister of Ceylon.[8]

Career

Taking over Ceylinco Consolidated from his father in the 1960s, Kotelawala expanded the group into new fields including banking, non-banking finance, investment banking, housing and property development, travel and leisure, communication and information technology, education and healthcare and microfinance.[9] He also founded a peace initiative in Sri Lanka, three years after being wounded in a Liberation Tigers of Tamil Eelam attack in 1996.[10]

Personal life and death

Lalith was married to Sicille Kotelawala (née Fernando), the daughter of Sam Peter Christopher Fernando.[7]

Lalith Kotelawala died in Colombo on 21 October 2023, at the age of 84.[11]

Awards and honours

References

  1. ↑ Lalith Kotelawela bares his heart
  2. ↑ admin (25 May 2015). "Milestones". www.seylan.lk. Retrieved 9 September 2017.
  3. ↑ News Image 32095 - Richest People in Sri Lanka - 2008
  4. ↑ "Swindlers list". Archived from the original on 17 August 2019. Retrieved 13 March 2009.
  5. ↑ Dilemma of depositors
  6. ↑ "Around The World With 'Ceylinco' Kotelawala". Archived from the original on 16 June 2021. Retrieved 7 July 2014.
  7. 1 2 Lalith Kotelawela to celebrate 69th birthday tomorrow
  8. ↑ The saga of the Kotelawala family
  9. ↑ Business with philanthropy - Dr Lalith Kotelawala Sri Lankan Times - 13 November 2006
  10. ↑ Colombo man courts death for partnership with peace Indian Express - 15 August 1999
  11. ↑ Businessman Lalith Kotelawala passes away at 84
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