Rainco (Pvt) Ltd, one of the leading business conglomerates and manufacturers of umbrellas, mosquito nets, and rainwear in Sri Lanka, officially appointed Dinesh Dharmaratne as the Chief Executive Officer on July 1st, 2023.
This appointment follows the announcement of Ahamed Aroos, the outgoing CEO, expressing his intention to leave the organization. Aroos collaborated with Dinesh Dharmaratne during a transition period to ensure a smooth handover and successful closure of the transaction. The Board of Directors expressed their gratitude to Ahamed Aroos for his exceptional leadership, guiding Rainco to achieve record results despite external challenges.
Aroos, who served as Rainco’s CEO since 2019, joined the company’s leadership team in 2017 as the Chief Operating Officer. Building on the company’s rich heritage, Aroos implemented and executed a growth agenda, known as “20-2X,” which significantly increased profitability and shareholder value of the organization.