Page 32 - Annual Report 2020.ai

b. Our members have invested significant funds in training their staff, in
industry global best practices, making them all internationally employable

at premium wages.

c. Our members have also invested significantly in creating international
infrastructure and customer support facilities.
d. CMTA members purchase stock directly from the manufacturer and this

stock is supported by manufacturer warranty and service and recall action
where applicable. This makes the CMTA members imports more cost

effective in terms of foreign exchange.
e. The CMTA seeks recognition and engagement with the Government on

policy related areas.

The CMTA has supported mobility in Sri Lanka over the last 100 years, and stands
ready to do so over the next century. The challenge going forward will be to ensure

all stakeholders are ready to face an environment where mobility is Autonomous,

Connected, Electric and Shared (ACES). The adoption of ACES in Sri Lanka will help
curtail pollution, congestion and also significantly reduce the nations expenditure on
oil to fuel mobility (as electric vehicles can be powered by solar generated energy).

In conclusion I thank the association for electing me to lead them for the last two
years and thank the outgoing committee for all the support they extended towards

our initiatives. I congratulate the incoming Chairman and committee and wish them
every success in leading the CMTA into the future”. Unquote

4. Election of Office Bearers 2020/21

(i) Election of Chairman

On account of eligibility, from the chair, Mr. Sheran Fernando proposed the

name of Mr. Yasendra Amerasinghe from CarMart (Pvt) Ltd as the Chairman
of the CMTA for the year 2020/21 which was agreed unanimously.

(ii) Election of Office Bearers 2020/21
Mr. Yasendra Amerasinghe acknowledging Mr. Fernando and the members

for nominating him as the Chairman of the Association and proposed the
following names as Vice Chairmen of the Association for 2020.

Annual General Meeting 2020/21