The Board of Directors of Talawakelle Tea Estates plc announced that Mr. S T Gunatilleke will relinquish his position as a Director/Chief Executive Officer of the company with effect from December 31, 2012. Mr. R. Rajadurai will be appointed as the Managing Director of the company with effect from January 1, 2013. Mr. Rajadurai currently serves as the Chief Executive Officer/Director of Kahavatte Plantations PLC with nearly 30 year of management experience in the plantation sector.