SRI LANKA: Shariah compliant First Barakah Investments (FBI), formerly known as ABC Investments, has a new owner. J S Dissanayake has sold his majority shareholding to G Sivajothi who now assumes the role of board chairman.
Sivajothi has worked in a broad spectrum of businesses, including accountancy, insurance, finance and business consultancy in the UK and Europe. M I M Razeek will continue as the managing director and M L Jamaldeen has joined the new board.