The then Governor of Ceylon, Sir Hercules Robinson was one of the founder members of the Colombo Club. Following Sir Hercules, the Chairmanship of the Club passed on to several other Governors of Ceylon including Sir William Henry Gregory, K.C.M.G, Sir James Robert Longden, G.C.M.G and Sir Arthur Hamilton Gordon, G.C.M.G. Since then, the Chairmanship of the Club has passed on to 78 other leading and distinguished gentlemen of the mercantile sector.

The first Sri Lankan chairman of the club was Mr. Mallory E Wijesinghe who succeeded Mr. Singleton- Salmon, O.B.E, JP, MP in 1971. Mr. Wijesinghe’s tenure was followed by Mr. R.M Canekeratne, Mr. T.M Moy, Mr. B.R Jesudason, R.S.R Candappa, Deshamanya Dev Rodrigo, Mr. T.K Bandaranayake, Mr. Hemaka Amarasuriya, Mr. Dickie Juriansz, Mr. Sega Nagendra, Mr. G. Manik Pereira and currently, Mr. Nigel Austin, all distinguished and leading personalities in the mercantile sector

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