Our Corporate Standard of Business Conduct
Our corporate standard of business conduct underpins our commitment to the highest standards of corporate behavior. It sets clear expectations and principles to guide and inspire personal as well as professional excellence among all employees at Goodhope.
All employees and other stakeholders use the corporate standard of business conduct as a guide to observe and comply with applicable laws and regulations as well as act with highest standards of integrity in all business matters.
Our Corporate Standard of Business Conduct covers the following areas:
- Employment
- Ethical behavior
- Gifts and entertainment
- Conflict of interest
- Whistleblowing
- Protection of the group’s assets
- Accurate record-keeping
- Confidentiality and information security
- Insider dealing
- Environment
- Health and safety
- Political activity
- Anti-money laundering and anti-terrorism funding
- Anti-corruption and anti-bribery
Whistleblowing Channel and Procedures
Any employee or any other related third party who reasonably observes any misconduct/inappropriate business can report the issue to whistleblowing@goodhope.co. The whistleblower may use the whistleblowing format below to capture all relevant information that may be needed for a thorough investigation.
Click here to download the whistleblowing form.
Once the allegation of malpractice or misconduct is made, it will be registered in a confidential whistleblowing register.
The company will treat all disclosures with the utmost confidence and sensitivity. Every effort will be made by the company to protect the anonymity of the whistleblower.
- The company encourages a whistleblower to identify themselves to allow the investigating team to contact them for any further information, details, or clarifications. All information, reports, and disclosures provided by a whistleblower will be kept confidential.
- A whistleblower can request anonymity or confidentiality, and the company will take all measures to protect the identity of the whistleblower during and after the investigation unless otherwise required by law.
The Company provides assurance that the whistleblower shall be protected against reprisals or retaliation, and immunity from disciplinary action from the whistleblower’s immediate superior or department/division head or any other person exercising power or authority over the whistleblower in his/her employment, provided that:
- A report is made in good faith and the whistleblower has reasonable grounds and does not provide false or misleading information knowingly, negligently, or recklessly in the report.
- The disclosure is not made with malicious intent or ill will.
- The disclosure is not frivolous or vexatious; and
- The report is not made for personal gain or vendetta.
- Once the allegation of malpractice or misconduct is made, it will be registered in a confidential whistleblowing register and investigated.
- Depending on the nature of the issue raised by a whistleblower, a confidential and neutral investigation would be launched.
- An investigating officer(s) will be appointed by the group CEO. The investigation may cover internal reviews or inquiries, reviews made by external auditors, lawyers, or any other external body as required.
- Once the investigation is complete, the investigating officer will present the findings, results of the investigation, and recommended action on the alleged incident, including the corrective steps to prevent the occurrence of a similar incident.
- Based on the investigating officer’s recommendation, the group CEO may approve of the relevant action to be taken. The whistleblower, if not anonymous, will also be updated on the actions taken.Â
- If the claim of malpractice or misconduct is substantiated, appropriate disciplinary action will be initiated against the individual(s) responsible, which may include termination of employment. The company may even initiate legal proceedings through the local court of law.
- However, if the allegations were proven to have been done with malicious intent and not in good faith, the parties responsible may be subject to disciplinary action.
- A whistleblowing register needs to be maintained with all concerns raised, as well as capturing all investigation procedures on record. The proceeding of the investigations and actions thereof will be maintained by the company secretary, who will be responsible for informing the Board of Directors of the summary of findings and actions initiated on a periodical basis.
- Employees should refer to the standard operating procedure for Whistleblowing to understand the process in detail.Â
BOARD OF DIRECTORS
S. Chandra Das
S. Chandra Das
He is an Independent Director of our Company. He was appointed as the Non-Executive Chairman on 5th June 2012. He has over 40 years of experience primarily in companies involved in the trading and manufacturing industries.
At present, he is the Managing Director of NUR Investment & Trading Pte. Ltd and Director of several other trading and manufacturing companies. He also sits as an Independent Director on the Boards of PSC Corporation Ltd and TalkMed Group Ltd.
He currently serves as Singapore’s Non-Resident High Commissioner to Sri Lanka, the Pro-Chancellor of Nanyang Technology University in Singapore, and a Life Trustee of the Singapore Indian Development Association (SINDA).
He has been simultaneously involved in the corporate sector and in public and community services for over four decades, holding several high-profile appointments. He was a Member of Parliament from 1980 to 1996. His efforts across various fields have earned significant recognition through several awards and citations.
He graduated with a Bachelor of Arts Degree in Economics (Honours) from the University of Singapore (now known as National University of Singapore) and holds a Certificate in Education conferred by the former Singapore Teachers’ Training College. He has been conferred an Honorary Doctorate in Business by the University of Newcastle, Australia, and an Honorary Doctorate in Commercial Science by St. John’s University, New York.
Hariharan Selvanathan
Hariharan Selvanathan
He is the Deputy Chairman of our Company and was appointed as its Chief Executive Officer with effect from 1st November 2017. He was appointed to the Board on 28th May 2012 and is responsible for the strategic direction of our business operations. He has over 20 years of experience in commodity trading in the international markets.
Presently, he is the Chairman of Bukit Darah PLC (BDPLC), Deputy Chairman of Carson Cumberbatch PLC (CCPLC) and some of their subsidiary companies. He is currently the Chairman of Express Newspapers (Ceylon) Ltd.
At present, he holds concurrent appointments as the Vice Chairman of Ceylon Beverage Holdings PLC and Vice Chairman of Lion Brewery (Ceylon) PLC. He has also been a Director of Sri Krishna Corporation Ltd.
He graduated with a Bachelor of Commerce from the University of Madras, India.
Don Chandima Rajakaruna Gunawardena
Don Chandima Rajakaruna Gunawardena
He was appointed as a Non-Executive Director of our Company on 7th June 2012. Presently, he is also a Non-Executive Director of Bukit Darah PLC (BDPLC) and Carson Cumberbatch PLC (CCPLC). He sits on the Boards of several Subsidiaries and other subsidiary companies of CCPLC and BDPLC.
He has over four decades of experience in varied fields of business and commercial activities and has held senior positions in the corporate sector.
He also has worked in and held Directorships in many other leading companies in the mercantile sector.
He is a Fellow of the Chartered Institute of Management Accountants, UK.
Ajith Prashantha Weeratunge
Ajith Prashantha Weeratunge
Ajith Weeratunge is a Director of the Carson Cumberbatch Group’s Management Company overlooking the Sri Lankan operations of the group, Carsons Management Services (Private) Limited, and held the position of Head of Finance till 31st March 2017. He has been with the Group for over 26 years.
He also holds Directorships in Group’s Real Estate Sector-Equity One Limited and Equity Two PLC and the Group’s Investment Holding Sector-Ceylon Investment PLC, Rubber Investment Trust Limited and Guardian Fund Management Limited, and Leisure Sector-Equity Hotels Limited. He was appointed as a Director of Goodhope Asia Limited on 29th January 2018 and a member of its audit committee on 14th November 2019.
He has more than 42 years of finance-related experience in several leading mercantile sector companies in Sri Lanka.
He is a Fellow member of the Chartered Institute of Management Accountants of the UK.
Aneesh Dudeja
Aneesh Dudeja
Aneesh Dudeja leads the Group’s Corporate Strategy, Finance, and Business Development activities while also being part of the Group Executive Committee.
Prior to joining Goodhope in 2016, he was the Managing Director and Head of Commodity Traders & Agribusiness at Standard Chartered Bank. In his 20-year banking career, he worked in Corporate & Investment Banking in India, the Middle East, and Southeast Asia. He started his career with General Electric before moving into the Banking sector in 1996.
He is a Member of the Institute of Chartered Accountants of India.
GROUP MANAGEMENT TEAM
Hariharan Selvanathan
Hariharan Selvanathan
He is the Deputy Chairman of our Company and was appointed as its Chief Executive Officer with effect from 1st November 2017. He was appointed to the Board on 28th May 2012 and is responsible for the strategic direction of our business operations, including oversight of the Company’s sustainability strategy. He has over 20 years of experience in commodity trading in the international markets.
Presently, he is the Chairman of Bukit Darah PLC (BDPLC), Deputy Chairman of Carson Cumberbatch PLC (CCPLC) and some of their subsidiary companies. He is currently the Chairman of Express Newspapers (Ceylon) Ltd.
At present, he holds concurrent appointments as the Vice Chairman of Ceylon Beverage Holdings PLC and Vice Chairman of Lion Brewery (Ceylon) PLC. He has also been a Director of Sri Krishna Corporation Ltd.
He graduated with a Bachelor of Commerce from the University of Madras, India.
Aneesh Dudeja
Aneesh Dudeja
Aneesh Dudeja leads the Group’s Corporate Strategy, Finance, and Business Development activities while also being part of the Group Executive Committee.
Prior to joining Goodhope in 2016, he was the Managing Director and Head of Commodity Traders & Agribusiness at Standard Chartered Bank. In his 20-year banking career, he worked in Corporate & Investment Banking in India, the Middle East, and Southeast Asia. He started his career with General Electric before moving into the Banking sector in 1996.
He is a Member of the Institute of Chartered Accountants of India.
Satish Selvanathan
Satish Selvanathan
Satish was appointed Executive Director of Goodhope Asia Holdings Ltd in 2018 and has since been steering their businesses in Malaysia and Indonesia towards building their competitive strength in the palm oil industry through investments in sustainability.
Prior to his appointment in Goodhope Asia Holdings, Satish was a Director at Creador, a South-East Asian Private Equity fund, where he led the business turnaround of Asiamet Education Group Bhd. a higher education business in Malaysia. He also led the business diligence on Creador’s buyout of the D’Apotic pharmacy chain in Malaysia.
Previously, he was a consultant at The Boston Consulting Group (BCG) in New York, where he specialized in developing and implementing turnaround strategies for clients in the financial services, consumer, and healthcare space. Early in his career, he worked on the Structured Credit desks at Barclays Capital and BNP Paribas in London, where he traded Mortgage-Backed and Asset-Backed Securities.
Satish is a Chartered Financial Analyst, and has an undergraduate degree in Engineering, Economics and Management from Oxford University. He holds an MBA with honours from Columbia Business School.
Muthukumaran Murugiah
Muthukumaran Murugiah
Muthukumaran Murugiah joined the Goodhope Group in 2019. He leads the Engineering Department, both upstream and downstream while managing all engineering projects of the Group. He drives initiatives to improve operational efficiencies, optimize Engineering processes, and introduces engineering best practices across the Group toward achieving desired outcomes to support corporate goals.
Prior to joining Goodhope, he was the Head of Engineering for New Britain Palm Oil (Sime Darby Plantations) in Papua New Guinea. In his 18-year plantation career, he has worked in Sime Darby Plantations, New Britain Palm Oil LTD, and Cargill Temasik Plantations. He has also worked in the plastic industry, food processing, and solvent extraction industry.
He has 23 years of experience in engineering including 20 years in the plantations industry. Muthukumaran graduated with a Bachelor of Mechanical Engineering Degree from the University of Science, Malaysia.
Amjad Ibrahim
Amjad Ibrahim
Mr. Amjad started his career as an External Auditor at KPMG Sri Lanka in 2000. He was instrumental in training fellow members on KPMG risk-based audit methodology (KAM).
He joined Carson’s Management Services (Pvt) Ltd as an Assistant Accountant – Plantation Sector in 2003. He also supervised the accountant’s functions towards 2004. He was fully responsible for implementing Oracle Financial Accounting Package for 5 Malaysian branches in 2004 and for training the operational employees based in Malaysia.
In 2006, he was moved to overseas plantations and served as the Management Accountant of PT Agro Indomas Central Kalimantan. He was part of the Regional Office in Jakarta to implement the Oracle Financial Accounting Package. In 2008, he was promoted as Financial Controller for PT Agro Indomas and PT Rim Capital.
Amjad was selected to set up the Shared Services Centre in 2009 as part of the digitization strategy as Head of Finance & Accounting and subsequently held the position of Head of Business Services.
Currently, he is responsible for Upstream Procurement functions, Information Technology & Business Process Management vertical for the Group.
He is a Member of the Chartered Institute of Management Accountants (CIMA) UK and Chartered Global Management Accountant (CGMA).
Ahamed Rushdi Azeez
Ahamed Rushdi Azeez
Rushdi Azeez joined the Goodhope Group in 2009 overlooking Group`s Sri Lankan office.
He started his career at Ernst & Young and worked as the CEO of Macson Mesh Industries (Pvt) Ltd prior to joining Goodhope.
He has 38 years of work experience in finance, international marketing, supply chain operations, general management, assurance, and management consultancy.
Rushdi is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, a Fellow Member of the Chartered Institute of Management Accountants (CIMA), United Kingdom, and holds an MBA from the University of Sri Jayewardenepura, Sri Lanka.
Carl Dagenhart
Carl Dagenhart
Carl Dagenhart joined the Goodhope Group in 2021 as Group Head of Sustainability. Before joining Goodhope Carl managed sustainability, stakeholder relations, and corporate communications at Sime Darby Plantation and IOI Group.
Over the 12-year working experience in the palm oil industry, Carl acquired significant on-the-ground exposure to a variety of sustainability challenges in Indonesia, Malaysia, Africa, and Europe, including valuable expertise in managing high-profile, land- and community-related disputes.
Carl started his career as a diplomat, after which he joined the World Bank Group where he spent 15 years managing various private sector development projects in Belarus, Russia, Vietnam, Laos, Cambodia, Indonesia (7 years), and the Solomon Islands.
He holds a master’s degree in international relations from MGIMO (Moscow State Institute of International Relations) and an MBA from San Francisco State University.
Sharada Selvanathan
Sharada Selvanathan
Sharada has been with Goodhope Asia Holdings Ltd for over a decade. She joined the business after obtaining her MBA from IMD in Switzerland.
Prior to joining Goodhope, she worked as an economist and commodities strategist at BNP Paribas in London, Hong Kong and Singapore. At Goodhope, she focuses on the Human Resources function as she believes that the success of a company comes from its people. She is a member of the Executive Committee and works with senior management to make key strategic decisions.Â
Beyond Goodhope, Sharada is passionate about education, especially children with learning difficulties. She is a trustee of an education-focused trust that brings research-based alternative learning methods to improve self-confidence and raise the academic capabilities of learners.
Sanjaya Upasana
Sanjaya Upasana
Mr Sanjaya Upasena is the Chief Operating Officer of the Oil Palm Plantations Business Segment in Indonesia. He is responsible for managing the oil palm plantations and its associated operating units in Indonesia.
He joined Carson Cumberbatch PLC in 1999 as a Sector Accountant. Prior to his current role, he functioned as the Deputy Head of Operations, Director of Sustainability, General Manager of Plantation Operations, and the Regional Financial Controller for the Plantations Sector.
He is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, a Fellow Member of the Institute of Management Accountants (CIMA), United Kingdom, and a Member of the Chartered Global Management Accountants (CGMA).
Avneet Singh
Avneet Singh
Avneet is presently working with Premium Vegetable Oils Sdn Bhd (PVO) as Downstream CFO. Prior to joining PVO he was working with UAE-based large business conglomerate, IFFCO INTERNATIONAL for their Malaysian group entities as CFO from April 2016 until March 2020 and thereafter he was promoted as General Manager (BU Head), the last position that he held until December 2022.
Prior to IFFCO, he worked across the globe with various Multinational Companies such as Ranbaxy, Olam, Petroleum Development Oman (Shell JV), and Polyplex.
He is a Chartered accountant by profession and a high-caliber commercial and strategic-oriented finance professional with 23 years of rich work experience across diverse trading and manufacturing sectors in Malaysia, Thailand, Turkey (and other European Countries), Oman, and Ivory Coast (and other African Countries) along various industry segments such as Pharmaceuticals, Petroleum- Oil & Gas, Plastics – Polymers PET Film and PET resins, Oleo chemicals, Specialty Oils and Fats and Personal Care products.
Has a proven track record of making expedited value-added contributions to the organization’s growth through innovative business development, business modeling restructuring, system, and process improvements.
Saliya Rodrigo
Saliya Rodrigo
Mr. Saliya Rodrigo is a Director on the Boards of Palm Oil Plantation companies of the Goodhope Asia Holdings Limited Group. (GAHL Group). He is the Head of Finance of the Oil Palm Plantation Segment of GAHL Group and has been with the Group for over 15 years. His role as Head of Finance includes managing the Operational Finance, Treasury, Budgeting, Performance Monitoring, systems, and controls of the Oil Palm Plantation Segment.
He started his career with SJMS Associates affiliated with Deloitte Touche Tohmatsu in 2000 and in 2003 he joined Brandix Intimate Apparel the largest apparel exporter in Sri Lanka.
He holds a Special Degree in Accountancy and Financial Management (Second Class Upper Division) from the University of Sri Jayewardenepura, Sri Lanka and he is a Fellow member of the Institute of Chartered Accountants of Sri Lanka and Associate member of the Institute of Chartered Management Accountants of Sri Lanka.