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Aban Pestonjee

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Residence
  
Colombo, Sri Lanka.

Children
  
Saroshi, Behman, Rusi


Spouse(s)
  
P.N.Pestonjee

Occupation
  
Entrepreneur

Name
  
Aban Pestonjee

Aban Pestonjee wwwsundaytimeslk121007uploadsabanPestonjeeF

Known for
  
Chiarperson of Abans group of Companies

Ada Derana Sri Lankan of the Year 2017 - Entrepreneur - Aban Pestonjee


Aban Pestonjee (Sinhalese: අබාන් පෙස්ටොන්ජි), the chairperson and founder of the Abans group of companies and known as one of the first entrepreneurs who initiated in first bringing Korean technology to Sri Lankan consumers.

Contents

Aban Pestonjee Aban Pestonjee Wikipedia

Aban Pestonjee named Woman Entrepreneur of the Year 2017


Business Life

She started off her business in 1968 in her home garage where she managed to restore the used appliances which she acquired from auctions and home sales to better working condition and sell them at her corner shop in Galle road.

In 1978, the economy opened up and there was a huge inflow of imported products. This led to an increased demand from the customers for quality global brands. First, she imported products from England, then from Thailand, China, Japan and Korea.

Abans Group is mainly divided into 5 business categories such as retail, services, logistics, manufacturing and real estate and infrastructure development under which come Abans (Pvt) Ltd, Abans automobile, Abans ABSTRACT, S.A. Electricals (Pvt) Ltd Services, Abans Central AC Division, Abans Finance, Abans Tours, AB Securities (Pvt) Ltd etc.

Awards and honours

  • The Award of Excellence for Woman Achievers for Outstanding Achievement from the SAARC Women’s association in Year 2000.
  • “The Bronze Award” for the Large Business Category by the Women’s Chamber of Industry & Commerce at the Year 2000 Women Entrepreneurs of the Year Award Ceremony.
  • “KOTRA Plaque of Appreciation -- 2005” for forging strategic foreign economic ties between Korea & Sri Lanka presented by Mr. Young Kyo, president and CEO of the KOTRA(Korea Trade Promotion Agency).
  • In 2006, she received International Recognition for winning the Leading Women Entrepreneur of the World award. Mrs. Pestonjee was awarded the prize by the Princess of Thailand.
  • She also received the LG award for the Best Importer on South-East Asia on behalf of Abans Limited.
  • References

    Aban Pestonjee Wikipedia


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