Aban Pestonjee

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. 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. 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. • 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 ==