Visionary Leader | Entrepreneur | Humanitarian

Jagath Sumathipala

Driving innovation in business, championing Sri Lanka’s heritage, and empowering communities. Leading a diversified conglomerate in sectors from IT and media to healthcare and energy.

Visionary Leader | Entrepreneur | Humanitarian

Jagath Sumathipala

Driving innovation in business, championing Sri Lanka’s heritage, and empowering communities. Leading a diversified conglomerate in sectors from IT and media to healthcare and energy.

Introduction

Welcome to the official website of Jagath Sumathipala, a Sri Lankan entrepreneur, community leader, and philanthropist. As the Chairman and Managing Director of Sumathi Holdings, he has steered one of Sri Lanka’s leading conglomerates to new heights with over four decades of business experience – starting from consolidating his family enterprises in 1979. 

Jagath’s journey reflects visionary leadership grounded in integrity and innovation. He is equally renowned for his public service, having led national Buddhist institutions and charitable initiatives that uplift communities. This site offers an in-depth look at his professional journeypersonal values, and lasting contributions in various fields.

Chairman, Sumathi Holdings

Leading a diversified conglomerate in sectors from IT and media to healthcare and energy.

Philanthropist

Founder Chairman of the Bauddhaloka Foundation, investing personal resources in heritage conservation, education, and social welfare.

Buddhist Congress President

Former President of the All Ceylon Buddhist Congress (12-year tenure), driving nationwide religious and cultural programs.

Sports Advocate

Supporter of Sri Lankan sports (via family legacy and cue sports – he even served as President of the national Billiards & Snooker Associations.

Early Life & Family

Jagath Sumathipala was born on April 30, 1960, in Colombo, into the distinguished Sumathipala family. His father, the late U.W. Sumathipala, was a pioneering entrepreneur in post-independence Sri Lanka, having established successful ventures in construction, entertainment, and turf trading. Following his father’s untimely passing in 1979, Jagath’s mother, Mrs. Milina Sumathipala, became the guiding force behind the continuation of the family business.

Jagath received his education at Ananda College, Colombo — a leading Buddhist institution — where he actively participated in the Buddhist Society and held various student leadership roles. Raised in a household deeply rooted in Buddhist values and committed to community service, he developed an enduring dedication to both religious and social causes from an early age.

Early Life & Family

After completing his schooling, Jagath took on the responsibility of supporting the family business at the age of 19, following the passing of his father in 1979. A year later, he left for the United Kingdom to pursue higher studies in Business Management, gaining global insights in commerce and leadership. Upon his return to Sri Lanka, he formally entered and then consolidated the diverse family enterprises under the Sumathi Holdings banner—marking the beginning of an illustrious corporate journey. Jagath is married to Samantha Kumari Karunaratne, who also contributes to the family business as a Director on the Sumathi board. They are proud parents of four children, and the family remains deeply involved in carrying forward the Sumathipala legacy of entrepreneurship and service, with two of his sons, Chadu and Chathula, now serving in executive roles within the group

Latest News

3 min read

Milina Mathru Abinandhana: A Glowing Tribute to the Late Mrs. Milina Sumathipala

The main hall of the BMICH was filled with reverence and emotion on May 28, 2025, as friends, family, and

2 min read

Mr. Jagath Sumathipala Powers Up a Greener Future with Launch of Sumathi Energy (Pvt) Ltd

Continuing his legacy of visionary leadership and national development, Mr. Jagath Sumathipala, Chairman of Sumathi Holdings, has officially launched a

2 min read

Reviving a Legacy: Jagath Sumathipala’s Lifelong Commitment to Billiards in Sri Lanka

Among the many roles he has embraced as a businessman, philanthropist, media pioneer, and cultural advocate Mr. Jagath Sumathipala’s dedication

Group of Companies

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