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| website    = [https://abansgroup.com/ http://abansgroup.com]
| website    = [https://abansgroup.com/ http://abansgroup.com]
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Aban Pestonjee is the [https://en.wikipedia.org/wiki/Chair_(officer) chairperson] and founder of the [https://en.wikipedia.org/wiki/Abans Abans] group of companies. She is known as one of the first entrepreneurs who initiated in first bringing Korean technology to [https://en.wikipedia.org/wiki/Sri_Lanka Sri Lankan] consumers.
Aban Pestonjee is the [https://en.wikipedia.org/wiki/Chair_(officer) chairperson] and founder of the [https://en.wikipedia.org/wiki/Abans Abans] group of companies. She is known as one of the first entrepreneurs who initiated in first bringing Korean technology to [https://en.wikipedia.org/wiki/Sri_Lanka Sri Lankan] consumers.
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Pestonjee launched 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.<ref>test</ref>
Pestonjee launched 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.<ref>test</ref>


=Personal life=
==Personal life==
Pestonjee is of [https://en.wikipedia.org/wiki/Parsis Parsi] descent.
Pestonjee is of [https://en.wikipedia.org/wiki/Parsis Parsi] descent.


=Business life=
==Business life==
Aban Pestonjee launched her business under the name Abans in 1968 at her home garage, where she managed to restore the used appliances she acquired from auctions and home sales to better working condition and sell them at her corner shop at [https://en.wikipedia.org/wiki/Bambalapitiya Bambalapitiya], Galle Road.[3] She came up with the idea to launch her own company at a time when Sri Lanka entered into the prospect of a closed economy in the 1960s, which also resulted in the subsequent ban on imports. Aban also took note of how difficult it was to complete household chores through manual labour due to restrictions imposed by Sri Lankan government on importing raw materials and cashed in on the potential by selling secondhand home appliances sourced through embassy auctions.[3]
Aban Pestonjee launched her business under the name Abans in 1968 at her home garage, where she managed to restore the used appliances she acquired from auctions and home sales to better working condition and sell them at her corner shop at [https://en.wikipedia.org/wiki/Bambalapitiya Bambalapitiya], Galle Road.<ref>Source for claim 3 goes here</ref> She came up with the idea to launch her own company at a time when Sri Lanka entered into the prospect of a closed economy in the 1960s, which also resulted in the subsequent ban on imports. Aban also took note of how difficult it was to complete household chores through manual labour due to restrictions imposed by Sri Lankan government on importing raw materials and cashed in on the potential by selling secondhand home appliances sourced through embassy auctions.<ref>Source for claim 3 goes here</ref>


In 1978, the economy opened up and there was a large inflow of imported products. This led to an increased demand from the customers for quality global brands. First, she imported products from [https://en.wikipedia.org/wiki/England England], then from [https://en.wikipedia.org/wiki/Thailand Thailand],[https://en.wikipedia.org/wiki/China China],[https://en.wikipedia.org/wiki/Japan Japan] and [https://en.wikipedia.org/wiki/Korea Korea].
In 1978, the economy opened up and there was a large inflow of imported products. This led to an increased demand from the customers for quality global brands. First, she imported products from [https://en.wikipedia.org/wiki/England England], then from [https://en.wikipedia.org/wiki/Thailand Thailand],[https://en.wikipedia.org/wiki/China China],[https://en.wikipedia.org/wiki/Japan Japan] and [https://en.wikipedia.org/wiki/Korea Korea].


Abans Group is mainly divided into 5 business categories such as retail, services,[4] logistics, manufacturing and real estate and infrastructure development under which come Abans (Pvt) Ltd, Abans automobile,[5] Abans Abstract,[6] S.A. Electricals (Pvt) Ltd Services, Abans Central AC Division, Abans Finance,[7] Abans Tours,[8] AB Securities (Pvt) Ltd etc.
Abans Group is mainly divided into 5 business categories such as retail, services,<ref>Source for claim 4 goes here</ref> logistics, manufacturing and real estate and infrastructure development under which come Abans (Pvt) Ltd, Abans automobile,<ref>Source for claim 5 goes here</ref> Abans Abstract,<ref>Source for claim 6 goes here</ref> S.A. Electricals (Pvt) Ltd Services, Abans Central AC Division, Abans Finance,<ref>Source for claim 7 goes here</ref> Abans Tours,<ref>Source for claim 8 goes here</ref> AB Securities (Pvt) Ltd etc.


=Awards and honours=
==Awards and honours==
*The Award of Excellence for Woman Achievers for Outstanding Achievement from the SAARC Women's association in Year 2000.[9]</br>
*The Award of Excellence for Woman Achievers for Outstanding Achievement from the SAARC Women's association in Year 2000.<ref>Source for claim 9 goes here</ref>
*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.[9]</br>
*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.<ref>Source for claim 9 goes here</ref>
*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 [https://en.wikipedia.org/wiki/KOTRA Korea Trade Promotion Agency].[10]</br>
*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 [https://en.wikipedia.org/wiki/KOTRA Korea Trade Promotion Agency].<ref>Source for claim 10 goes here</ref>
*In 2006, she received International Recognition for winning the Leading Women Entrepreneur of the World award.[11] Mrs. Pestonjee was awarded the prize by the Princess of [https://en.wikipedia.org/wiki/Thailand Thailand].</br>
*In 2006, she received International Recognition for winning the Leading Women Entrepreneur of the World award.<ref>Source for claim 11 goes here</ref> Mrs. Pestonjee was awarded the prize by the Princess of [https://en.wikipedia.org/wiki/Thailand Thailand].
*She also received the [https://en.wikipedia.org/wiki/LG LG] award for the Best Importer on [https://en.wikipedia.org/wiki/Southeast_Asia South-East Asia] on behalf of Abans Limited.[12][13]</br>
*She also received the [https://en.wikipedia.org/wiki/LG LG] award for the Best Importer on [https://en.wikipedia.org/wiki/Southeast_Asia South-East Asia] on behalf of Abans Limited.<ref>Source for claim 12 goes here</ref><ref>Source for claim 13 goes here</ref>


=References=
==References==
<references />
<references />

Revision as of 09:07, 2 October 2025

           Aban Pestonjee
Name Aban Pestonjee
Occupation Entrepreneur
Website http://abansgroup.com

Aban Pestonjee is the chairperson and founder of the Abans group of companies. She is known as one of the first entrepreneurs who initiated in first bringing Korean technology to Sri Lankan consumers.

Pestonjee launched 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.[1]

Personal life

Pestonjee is of Parsi descent.

Business life

Aban Pestonjee launched her business under the name Abans in 1968 at her home garage, where she managed to restore the used appliances she acquired from auctions and home sales to better working condition and sell them at her corner shop at Bambalapitiya, Galle Road.[2] She came up with the idea to launch her own company at a time when Sri Lanka entered into the prospect of a closed economy in the 1960s, which also resulted in the subsequent ban on imports. Aban also took note of how difficult it was to complete household chores through manual labour due to restrictions imposed by Sri Lankan government on importing raw materials and cashed in on the potential by selling secondhand home appliances sourced through embassy auctions.[3]

In 1978, the economy opened up and there was a large 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,[4] logistics, manufacturing and real estate and infrastructure development under which come Abans (Pvt) Ltd, Abans automobile,[5] Abans Abstract,[6] S.A. Electricals (Pvt) Ltd Services, Abans Central AC Division, Abans Finance,[7] Abans Tours,[8] 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.[9]
  • 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.[10]
  • 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 Korea Trade Promotion Agency.[11]
  • In 2006, she received International Recognition for winning the Leading Women Entrepreneur of the World award.[12] 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.[13][14]

References

  1. ↑ test
  2. ↑ Source for claim 3 goes here
  3. ↑ Source for claim 3 goes here
  4. ↑ Source for claim 4 goes here
  5. ↑ Source for claim 5 goes here
  6. ↑ Source for claim 6 goes here
  7. ↑ Source for claim 7 goes here
  8. ↑ Source for claim 8 goes here
  9. ↑ Source for claim 9 goes here
  10. ↑ Source for claim 9 goes here
  11. ↑ Source for claim 10 goes here
  12. ↑ Source for claim 11 goes here
  13. ↑ Source for claim 12 goes here
  14. ↑ Source for claim 13 goes here
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