Newly appointed Sri Lanka Telecom (SLT) Chairman Reyaz Mihular has listed seven new management strategies and future administrative initiatives by the Sri Lanka Telecom-Mobitel Board.
According to Daily FT, in a memo to the employees of the SLT- Mobitel Group, Mihular has outlined the desired way forward for the institution.
In his message to the staff, Mihular stressed that he is a Non-Executive Chairman and his role is to fully comply with the Company’s rules as stated in the Articles of the Company.
The seven new management strategies and administrative initiatives listed by the Board are as follows;
- Management of the SLT-Mobitel will rest in the hands of the Chief Executive Officer, Janaka Abeysinghe and his management team and neither me nor my fellow directors will get involved in any manner in the operational activities of SLT-Mobitel.
2. As a Board, we will set out a strategy that is aligned with the vision, mission and purpose; targets and KPIs (Key Performance Indicators) for the management team, checks and balances and their performance will be closely monitored and measured against them and suitably rewarded, where relevant. The key is that the Board wishes to foster a performance culture with measurable outcomes.
3. Urgent steps will be taken by management to sell the Range Rover, which cost nearly Rs. 71 million in February 2021 in a transparent process to get the best value to the Company. Whenever the Chairman and/or Directors need to attend official meetings/functions, a company vehicle will be provided on a need basis.
4. The present Chairman’s office will be converted into a Directors’ meeting room.
5. There will be just one (1) Secretary (as opposed to the 6 staff members presently assigned to the Chairman) to deal with all incoming communication to the Chairman’s office and other Directors. The administration matters for all directors will be handled by Mahesh Athukorala, Company Secretary.
6. There will be no security necessary for the Chairman
7. I will, like other directors, not be involved in any communication, receipt of information or decisions where there are interests involving me and/or my family that have transactions with SLT-Mobitel. I have declared my directorships as required by the regulatory requirements of the country and this has been confirmed by the Company Secretary. (NewsWire)