Stewardship

K.G.D.D. Dheerasinghe

Chairman of the Board since July 2014, Chairman of the BHRRC, BNC, BCC, BIC and BRPTRC, Non-Executive Director since December 2011.

Skills & Experience:
An eminent Economist with a distinguished career of over 40 years in the banking industry. Published widely and presented papers on many aspects of economics including debt capital markets and financial globalisation in Sri Lanka and overseas.

Holds a B.Phil (Econ) and B.Com with first class honours from the University of Colombo and a M.A. (Econ) from the University of Leeds UK. Honorary Fellow of the Institute of Bankers of Sri Lanka and Honorary ACI Diploma.

Other Current Appointments:
Chairman, Commex Sri Lanka S.R.L. Italy
Chairman, Serendib Finance Ltd.
(The above companies are subsidiaries of the Bank)

Previous Appointments:
Senior Deputy Governor of CBSL. Chairman of the Monetary Policy Committee and the Sovereign Ratings Committee. Secretary to the Monetary Board. Alternate Executive Director for Bangladesh, Bhutan, India and Sri Lanka at the International Monetary Fund. Chairman, Bartleet Finance PLC.

Shareholding of Bank:
Holds 20,859 Voting Shares

M.P. Jayawardena

Deputy Chairman since July 2014,
Chairman of the BIRMC, Non-Executive
Director since December 2011.

Skills & Experience:
A senior finance professional with wide experience in the corporate sector, both in Sri Lanka and overseas.

Fellow member of The Institute of Chartered Accountants of Sri Lanka.

Other Current Appointments:
Deputy Chairman, Sri Lanka Institute of Directors.
Group Director, CIC Holdings PLC.
Chairman, Commercial Insurance Brokers (Pvt) Ltd.
Chairman of a few subsidiaries of Chemanex PLC.
Serves on the Boards of many other private and public companies.
Group Consultant to Chemanex PLC.

Previous Appointments:
Head of Treasury, Zambia Consolidated Copper Mines

Shareholding of Bank:
Nil

J. Durairatnam

Managing Director/Chief Executive Officer since July 2014, Executive Director
since April 2012 and former Chief Operating Officer.

Skills & Experience:

Substantial professional experience in Banking, covering all aspects of International Trade, Off shore Banking, Credit, Operations and Information Technology. He has served the Bank in several management positions, including, COO, Deputy General Manager, Assistant General Manager – International Division and Head of Imports counting 9 years as a member of Corporate Management.

Holds a Bachelor’s Degree from the University of Peradeniya.

Other Current Appointments:
Managing Director, Commercial Development Company PLC
(The above company is a subsidiary of the Bank)
Director, Lanka Financial Services Bureau Ltd.
Sri Lanka Banks’ Association (Guarantee) Ltd.,
The Financial Ombudsman Sri Lanka (Guarantee) Ltd.

Previous Appointments:
None

Shareholding of Bank:
Holds 412,056 Voting Shares

S. Swarnajothi

Appointed as an Independent Non-Executive Director in August 2012, Chairman of the BAC.

Skills & Experience:
A senior finance professional with experience in both private and public sectors.

Fellow of the CASL and CMA Sri Lanka, a member of CMA Australia. Holds a B.Sc. Degree in Management from the University of Sri Jayewardenepura and a M.Sc. in Project Management from the University of Moratuwa.

Other Current Appointments:
Member of the Tax Appeals Commission, which position he had held since May 2014.

Previous Appointments:
Auditor General of Sri Lanka from January 2008 to August 2010.

Shareholding of Bank:
Holds 8,599 Non-Voting Shares

H.J. Wilson

Appointed as an Independent Non-Executive Director in July 2014.

Skills & Experience:
A senior banking professional with experience in retail banking and institutional funding overseas.

Holds a Master’s Degree in Economics and Political Science from Uppsala University, Sweden and a Master of Public Administration (MPA) Degree from Princeton University, USA.

Other Current Appointments:
Manager of Financial Institutions in sub-Saharan Africa for the IFC/World Bank Group

Previous Appointments:
Managing Director and Head of Investment Banking for the Swedish operations of a large retail bank

Shareholding of Bank:
Nil

S. Renganathan

Appointed as an Executive Director and Chief Operating Officer since July 2014.

Skills & Experience:
A senior banker counting over 34 years, he led the Bank’s acquisition of the Bangladesh operations of Credit Agricole Indosuez (CAI), Commercial Bank’s first ever acquisition of a banking operation, subsequently building up the same as Country Manager. He has also held several other key positions at the Bank including Deputy General Manager – Personal Banking and the first Chief Risk Officer of the Bank.

Fellow of the Chartered Institute of Management Accountants, UK (FCMA), Fellow of the IFS School of Finance, UK (Fifs) and a Fellow of the Institute of Bankers of Sri Lanka (FIB). Also an Associate Member of Financial Services Institute of Australasia.

Other Current Appointments:
None.

Previous Appointments:
Member of the General Council of the Institute of Bankers of Bangladesh
Founder President Bangladesh Chamber of Commerce & Industry.
Executive Member, Foreign Investor Chamber of Commerce and Industry, Bangladesh

Shareholding of Bank:
Holds 191,936 Voting and 10,321 Non-Voting shares

Prof. A.K.W. Jayawardane

Appointed as an Independent Non-Executive Director in April 2015. Chairman of the BTC.

Skills & Experience:
An academic of high repute, he brings considerable knowledge and experience of IT to the Board.

Holds a PhD in Construction Management and a Master of Science Degree in Construction from the Loughborough University of Technology, UK and a BSc. Eng. in Civil Engineering Degree with first class honours from the University of Moratuwa.
Also a Corporate Member, a Fellow and an International Professional Engineer of the Institution of Engineers, Sri Lanka (IESL), CEng, FIE(SL), IntPE(SL), Fellow of the National Academy of Sciences of Sri Lanka, FNAS(SL), Founder Member of the Society of Structural Engineers Sri Lanka MSSE(SL), Fellow of the Institute of Project Managers, Sri Lanka, FIPM (SL).

Other Current Appointments:
Vice Chancellor of the University of Moratuwa and a Senior Professor in Civil Engineering

Director of Sierra Cables PLC, Chairman of ONEzero Company Ltd and a member of the Board of the Management of several other institutions

Previous Appointments:
Dean, Faculty of Engineering for six years
First NDB Bank Endowed Professor in Entrepreneurship at the University of Moratuwa. President of the Institute of Engineering, Sri Lanka (IESL).

Shareholding of Bank:
Nil

K. Dharmasiri

Appointed as an Independent Non-Executive Director in July 2015.

Skills & Experience:
A senior banker counting over 37 years at Bank of Ceylon and retiring as its General Manager/Chief Executive Officer, he has diversified experience both within and outside Sri Lanka.

Holds First Class Honours in Commerce and a Bachelor of Philosophy in Economics. Also an Associate Member of the Institute of Bankers of Sri Lanka.

Other Current Appointments:
None.

Previous Appointments:
Non-Executive Nominee Director on the Boards of Janashakthi Insurance Ltd., Sabaragamuwa Development Bank, Merchant Bank of Sri Lanka PLC, BOC Travels (Pvt) Ltd., BOC Property Development & Management (Pvt) Ltd., Ceybank Holiday Homes (Pvt) Ltd., Hotels Colombo (1963) Ltd., Ceybank Asset Management Ltd., Lanka Securities (Pvt) Ltd, Institute of Bankers of Sri Lanka, Lanka Financial Services (Bureau) Ltd. and LankaClear (Pvt) Ltd.

Shareholding of Bank:
Nil

Ms. J.R. Gamage

Company Secretary
Appointed as Company Secretary since May 2014.

Skills & Experience:
An Attorney-at-Law who counts over 17 years experience at the Bank. She was appointed as the Company Secretary of Commercial Bank in May 2014.

She holds a Diploma in Company Secretarial Practice from the Institute of Chartered Corporate Secretaries of Sri Lanka and a Post Attorney Diploma in Banking and Insurance Laws from the Incorporated Council of Legal Education of Sri Lanka.

She has received extensive training on Secretarial and Legal fields at a leading Law Firm prior to joining the Bank.

Previous Appointments:
None

Shareholding of Bank:
63,121 Voting Shares