Board of Directors

Independent Non-Executive Director
(Member of the Board since August 2018 and as Chairman from July 2019)

Skills and Experience
Mr Durairatnam possesses extensive experience in banking having been with Commercial Bank of Ceylon PLC for 36 years. He served as a Director of Commercial Bank of Ceylon PLC from April 2012 to July 2014 and as the Managing Director/CEO from July 2014 until his retirement in July 2018. He has served in several other Senior Management positions at Commercial Bank of Ceylon PLC, including as Chief Operating Officer, Deputy General Manager – International, Assistant General Manager – International and Head of Imports. He has held the position of Managing Director of Commercial Development Company PLC and has served as a Director on the Board of Lanka Financial Services Bureau Limited.

He holds a BSc from the University of Peradeniya and an Executive Diploma from the University of Colombo.

Expertise
Banking, Management and International Trade

Other Current Appointments
Listed companies: Non-Executive Director of Asian Hotels and Properties PLC.
Others: Non-Executive Director of Ceylinco Life Insurance Limited, Assetline Finance Limited and Enviro Solutions (Private) Limited.

(Member of the Board since July 2019 and as CEO from January 2022)

Skills and Experience

Mr Perera held the position of Deputy Chief Executive Officer from August 2017 to December 2021. He has held several senior positions in the banking sector and has over three decades of experience in the financial services and banking sector, both locally and internationally having been with the HSBC Group, both in Sri Lanka and overseas, Commercial Bank of Qatar, Barclays Bank PLC, UAE and at Hatton National Bank PLC. He has served as a Board member of HNB Assurance PLC, HNB General Insurance Limited and HNB Finance Limited. He has served as a Board member of Lanka Pay (Pvt) Ltd., Acuity Partners (Pvt) Ltd, Acuity Stockbrokers (Pvt) Limited, Guardian Acuity Asset Management Limited, Lanka Ventures PLC and LVL Energy Fund PLC.

He is a Member of the Institute of Chartered Accountants of Sri Lanka and a finalist of the Chartered Institute of Management Accountants (CIMA) – UK.

Expertise

Banking, Finance and Auditing.

Other Current Appointments

Listed companies: None
Others: Non-Executive Chairman of Lanka Industrial Estates Limited and DFCC Consulting (Pvt) Limited. Non-Executive Director of Synapsys Limited. Board Member of Association of Development Financing Institutions in Asia and the Pacific (ADFIAP).

(Member of the Board since November 2017)

Skills and Experience
Ms Fernando started her career at Kreston MNS & Co, a correspondent firm of Grant Thornton International – Sri Lanka Division, a firm of Chartered Accountants. Currently, she serves as the Chief Executive Officer/Executive Director of R I L Property PLC, which is also the parent company of United Motors Lanka PLC and Panasian Power PLC. She counts over 30 years of professional and commercial experience in auditing, finance, and management.

She is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, a Fellow Member of the Institute of Certified Management Accountants of Sri Lanka and a Fellow Member of the Association of Chartered Accountants (UK).

Expertise
Finance, Audit and Management

Other Current Appointments
Listed companies: Chief Executive Officer/Executive Director of R I L Property PLC. Non-Executive Director of United Motors Lanka PLC and Panasian Power PLC.
Others: Non-Executive Director of UML Heavy Equipment Ltd., Unimo Enterprises Ltd., Padiyapelella Hydropower Ltd., Powergen One (Pvt) Ltd., Rajarata Sustainable Development (Pvt) Ltd., PAP SPGM Solar (Pvt) Ltd., PAP MHPL Solar (Pvt) Ltd., PAP EGSS Solar (Pvt) Ltd., PAP PTS Solar (Pvt) Ltd, R-E-D Capital Asia (Pvt) Ltd., PARKLAND Integrated Solutions (Pvt) Ltd. And Solar One Asia (Pvt) Ltd.
Partner of A & T Associates.

(Member of the Board since December 2018)

Skills and Experience
Mr Nemmawatta has held several executive positions in the public sector. He has served as Secretary of the State Ministry of Defence, Acting Director General of Sri Lanka Customs, Director General of the Department of Public Enterprise in the Ministry of Finance, Additional Secretary to the Ministry of Higher Education and Highways, Additional Secretary to the Ministry of Environment and Acting Director General of the Gems and Jewelery Authority. He has also served as Director of Sri Lanka Samurdhi Authority, Sri Lanka Customs and the Department of Trade, Tariff and Investment Policy in the Ministry of Finance.

He served as Treasury representative in several State Owned Enterprises during his tenure in the Ministry of Finance. He also served as a member of the Committee to report on the Project Office/Project Management Units of Mega Projects implemented by the Government of Sri Lanka. He was a member of the Committee appointed to investigate unscheduled CEB power interruptions in June 2022. He was also a Member of Board of Management of the Sri Lanka Foundation Institute and Deputy Director General (Administration and Finance) of the South Asian Center for Teacher Development (SACTD).

He served as the Chairperson of the E-Grama Niladari Committee.

He holds a BCom (Sp.) from the University of Colombo, a Postgraduate Diploma in Devolution and Local Government Studies from the University of Colombo and an MSc in Management from the University of Sri Jayewardenepura.

Expertise
Financial, Management and Environmental Planning

Other Current Appointments
Listed companies: None
Others: National Policy Consultant of Food and Agriculture Organization (FAO) (for private sector engagement in climate smart agriculture).

(Member of the Board since July 2020)

Skills and Experience
Mr Wijeyeratne counts over 30 years of experience in general management, financial management and auditing which has been acquired while being employed at Investcorp Bank, Bahrain, Grindlays Bahrain Bank, Ernst & Young, Bahrain and Ernst & Young, Sri Lanka. In addition, he has held the position of Chief Executive Officer of the Sri Lanka Institute of Nanotechnology (Pvt) Limited (SLINTEC) for over five years (2013 to 2019). He served as a Director of Union Assurance PLC and the Chairman of the Board Audit and Compliance Committee. He retired after completing 9 years in September 2020.

He is an Associate Member of the Institute of Chartered Accountants of Sri Lanka and a Fellow Member of the Chartered Institute of Management Accountants, UK.

Expertise
Finance, Audit and Management

Other Current Appointments
Listed companies: Non-Executive Director of Trans Asia Hotels PLC and Chairman of the Audit Committee, Non–Executive Director of Ceylon Tobacco Company PLC and Chairman of the Audit Committee, Non-Executive Director of Ceylon Cold Stores PLC.

Others: Audit Committee Chairman of MAS Holdings, Non-Executive Director of Gamini Corea Foundation, Trustee of SLINTEC Endowment Trust Fund, Founder/Owner of Avastha Financial Advisory Services, Co-Founder of Kalyana SL Guarantee Ltd., a mental health advocacy group

(Member of the Board since September 2021)

Skills and Experience
Mr Vasantha Kumar counts over 40 years of experience in banking, having been with ANZ Grindlays Bank for over 22 years and thereafter at People’s Bank for over 18 years. During his service at People’s Bank, he was the Chief Executive Officer/General Manager of People’s Bank for a period of 8 years.

He has previously served as a Director of People’s Leasing and Finance PLC, People’s Insurance PLC, People’s Merchant Finance PLC, People’s Travels Ltd., Alliance Finance PLC Dhaka Bangladesh, Lanka Financial Services Bureau Ltd., and the Credit Information Bureau of Sri Lanka. He is a Past President of the Sri Lanka FOREX Association and the Association of Primary Dealers. He served as a member of the Governing Board of the Institute of Bankers of Sri Lanka.

He holds a Master’s in Business Administration from the University of Wales, UK.

Expertise
Banking, Management, Treasury and Investment Banking

Other Current Appointments
Listed companies: Non-Executive Director of Ceylinco Insurance PLC and Senkadagala Finance PLC.
Others: Non-Executive Chairman of Safe Capital (Pvt) Ltd., Non-Executive Director of Wealth Lanka Management (Pvt) Ltd., Executive Director of Asset Trust Management (Pvt) Limited.

(Member of the Board since October 2021)

Skills and Experience
Ms Thambiayah has worked as an Executive at Keells Hotel Management and John Keells Holdings – New Business Development and Group Initiatives for two and a half years. She commenced work at Hotel Renuka and Renuka City Hotel in 2008 and is currently the Joint Managing Director of both Renuka Hotels PLC and Renuka City Hotel PLC. She holds a Bachelor of Arts (Hons.) in Management Studies from the University of Nottingham, UK, and a Master of Science in International Business and Management from Manchester Business School, University of Manchester, UK.

Expertise
Business Management, Human Resources and Marketing

Other Current Appointments
Listed companies: Joint Managing Director/Executive Director of Renuka City Hotel PLC and Renuka Hotels PLC., Non–Executive Director of Cargo Boat Development Company PLC.
Others: Non-Executive Director of Renuka Consultants and Services Limited, Renuka Properties Limited, Lancaster Holdings Limited, Amalgamated Theaters (Pvt) Limited and Portfolio Management Services (Pvt) Limited.

(Member of the Board since September 2022)

Skills and Experience
Mr Fernando has over 40 years of experience serving clients across audit and advisory platforms and has served as an audit partner for various publicly listed clients and senior advisory partner for many of Ernst & Young, Sri Lanka’s largest clients. He served as an Ernst & Young (EY) Partner from 1988 to 2016 and as Country Managing Partner from 2016 until he retired in 2021. He has also served as a Council Member of the National Chamber of Commerce – Sri Lanka and National Chamber of Exporters of Sri Lanka and has previously served as the Chairman Lanka Securities (Pvt) Ltd. And as a Director of Sri Lanka Telecom PLC, Harischandra Mills PLC and Central Industries PLC. He holds a Master’s in Business Administration from the University of Sri Jayewardenepura. He is a Fellow ember of the Institute of Chartered Accountants of Sri Lanka, a Fellow Member of the Chartered Institute of Management Accountants (CIMA) UK, and a Member of the Association of Certified Chartered Accountants (ACCA)-UK.

Expertise
Management, Finance and Audit

Other Current Appointments
Listed companies: None
Others: Executive Director of Dedunu Property Developments (Pvt) Ltd., Dampe Resorts (Pvt) Ltd., Dedunu Eco Holidays (Pvt) Ltd., Dedunu Housing and Real Estate (Pvt) Ltd., Dedunu Lands (Pvt) Ltd., Dedunu Leisure Projects (Pvt) Ltd., Dedunu Properties (Pvt) Ltd., Dedunu Properties Digana (Pvt) Ltd., Dedunu Properties Ruhunu (Pvt) Ltd and Ranmin Eco Projects (Pvt) Ltd., Non-Executive Director of Matara Entrepreneur Services (Pvt) Ltd., Member of the Ruhuna Rainbow Trust (Gte) Ltd.

(Member of the Board since November 2024)

Skills and Experience

Mr Jayatunga counts over three decades of professional experience, having taken his oaths in 1989 as an Attorney-at-Law. He had been practising law for over 5 years, mainly in the Colombo Courts, before joining Stassen Group of Companies as a Legal Officer/Company Secretary. He has also worked in the Human Resources Department of Ceylon Cold Stores PLC and the Company Secretarial Department of C. W. Mackie PLC. He has been serving as the Company Secretary of Balangoda Plantations PLC and Madulsima Plantations PLC of Melsta Group of Companies, and heading the Legal and Company Secretarial Departments of Stassen Group of Companies for over 25 years.

Expertise
Legal and Company Secretarial

Other Current Appointments
Listed companies: Executive Director/Company Secretary of Balangoda Plantations PLC and Madulsima Plantations PLC.
Others: Heading the Legal and Company Secretarial Departments of Stassen Exports (Pvt) Ltd., Milford Exports (Ceylon) (Pvt) Ltd., Milford Developers (Pvt) Ltd., Stassen International (Pvt) Ltd., Stassen oods (Pvt) Ltd., Stassen Natural Foods (Pvt) Ltd., Ceylon Garden Coir (Pvt) Ltd., CBD Exports (Pvt) Ltd., Lahugala Plantations (Pvt) Ltd., Bogo Power (Pvt) Ltd., Panchalingam Associates (Pvt) Ltd. and Macsen Range (Pvt) Ltd.

(Since August 2022)

Skills and Experience
Ms Ranaraja started her career as a Legal Trainee at Nithya Partners. She joined the Bank in 1997 and counts over 25 years of experience covering project financing and commercial banking. She is an Attorney-at-Law and holds a Bachelor of Law (LLB) (Hons) from the University of Colombo. She is an Associate of the Chartered Institute of Management Accountants (CIMA), UK.

Expertise
Legal and Finance

Other Current Appointments
Listed companies: Company Secretary of DFCC Bank PLC.
Others: None