United Tractors & Equipment Pvt Ltd (UTE) announced the appointment of Riyad Ismail as Chief Executive Officer of the UTE group of companies. Mr. Ismail was previously UTE's General Manager and takes over from Mr. Priath Fernando, who stepped down from the post but continues as company Chairman. UTE is the local dealer for Caterpillar, the world leader in construction and earthmoving equipment, engines and power generators.
Mr. Ismail has been a long time member of the UTE team, joining in 1997 as the head of the spare parts division. He then moved onto become the General Manager of the Product Support Services Division. This division is a key area of business, spanning a diverse plethora of activities ranging from spare part sales, to service and customer support. Mr. Ismail played a key role in providing unparalleled after sales support to UTE customers during his tenure. He was then promoted to General Manager of UTE, a position he held for more than 2 years before being appointed as CEO. Speaking of this appointment Mr. Priath Fernando, Chairman UTE Group said, “as much as the country is going through a phase of change UTE too has entered a phase of change and growth as the leading engineering solutions provider in Sri Lanka. Riyad is the ideal person to spearhead this change and to take UTE to the next level.”
When asked about his new position, Mr. Ismail said, “I am have been a part of UTE for a long time, and I'm honored to be selected to take on the reigns of a company of this calibre. During this period of economic growth in the nation, UTE has prospered, and I am very confident that UTE will continue to grow through the building of strong relationships with our clients.”
UTE Group of companies includes United Tractor & Equipment (Pvt) Ltd, UTE Projects ( Pvt) Ltd and Ecologic Systems (Private ) Ltd. Mr. Ismail's appointment becomes official on the 5th of April. In addition to his professional career, Riyad a past pupil of St. Thomas' College has also won numerous awards as an inventor, winning the Presidential award for Science and Technology in 2008. He is a qualified chartered management accountant and completed his higher studies from the University of Colombo and the Post Graduate Institute of Management at Sri Jayawardenapura University.