LAUGFS Group establishes new strategy division

LAUGFS Holdings Limited, one of Sri Lanka’s largest diversified conglomerates with a portfolio of over 20 businesses spanning multiple industries, has recently appointed Agasthi Jayagoda as General Manager – Group Head of Strategy. With an impressive track record encompassing over a decade of experience in strategy, corporate finance, and investment, Agasthi is well-equipped to lead the new Strategy Division of LAUGFS Group.

Agasthi’s journey with the LAUGFS Group began in 2013 when he joined as a Business Analyst. Since then, he has played a pivotal role in driving the company’s growth and transforming it into a global conglomerate. Notably, Agasthi was instrumental in establishing the Corporate Finance Division within the group, showcasing his expertise in strategic planning, financial accounting, investment analysis, business valuations, and financial analysis across various industries such as oil & gas, energy, retail, FMCG, and trading. In addition, Agasthi streamlined group-wide Investment Policies, spearheaded strategic planning, and played a key role in M&A transactions and expansions, including ventures in Bangladesh, Saline (IV) manufacturing, and solar power plants. As a core team member, he successfully implemented the SAP ERP system for LAUGFS Group.