Mano Sekaram steps down

After a noted tenure of 20 years, Founder and CEO of 99X, Mano Sekaram, will step down from the role of Chief Executive Officer, with Hasith Yaggahavita set to assume the position of CEO effective January 1, 2024.

This transition is a key element of a planned succession strategy designed to propel 99x into a future marked by sustained growth and innovation.

Dag Honningsvag, chairman of 99x Investment AS, expressed deep gratitude to Mano Sekaram’s inspiring leadership over the past two decades. He remarked, “On behalf of the board and everyone at the 99x Group, I want to extend our sincere appreciation to Mano for his exceptional leadership, tenacity, and dedication. His vision and strategic guidance have been instrumental in positioning 99x as a global leader in technology services and attracting foreign investors to the group”.

As Mano steps down as CEO, he will transition to the role of chairman of the Board for the Sri Lankan and Australasian operation, continuing to serve as a 99x Group Board Member and contributing to the company’s Mergers and Acquisitions (M&A) initiatives. Mano will also remain one of the single largest shareholders.