My Report


Integrated Report
Leadership
Board of Directors and profiles
Managing Director/Chief Executive Officer's and Chief Financial Officer's Statement of Responsibility
Independent Assurance Report - Internal Control


Mr S Muhseen
Chairman
Appointed as the Chairman of the Board of Directors in April 2024.
Appointed as an Independent/Non-Executive Director in February 2021 and served on the Board as Deputy Chairman since March 2022.
He was appointed as the Chairman of the Board Credit Committee and the Board Strategy Development Committee. He was also the Chairman of the Board Nominations and Governance Committee, Board Human Resource and Remuneration Committee, Board Investments Committee and the Board Technology Committee.
Skills and experience:
Mr Muhseen is a senior investment banker with extensive experience in mergers and acquisitions, corporate finance, and capital markets. He has held senior roles, collaborating with company boards and leadership teams of financial institutions across Asia to drive their strategic corporate agendas. He is credited with leading research reports on banking sector efficiency, currency depreciation, and budget deficits during his tenure as Head of Sri Lanka Banking Sector Research and Lead Economist at Jardine Flemming.
Mr Muhseen has also worked at Standard Chartered Bank in the Corporate Banking Division, where he started out as a Management Trainee and at Rodman and Renshaw stock and commodities broker based in Chicago. In his Investment Banking career spanning over 21 years, Mr Muhseen has completed landmark mergers and capital raising transactions in excess of USD 100 Bn.
Under his leadership, the Asia FIG sectors team at Merrill Lynch and Credit Suisse won the “FIG Asia House of the Year” awards from the Asset magazine for several years, and multiple transactions he led were awarded as best country deals and best financial sector capital-raising transactions. Mr Muhseen also has policy-level experience, having worked as a Team Leader at the National Council for Economic Development (NCED) under the Ministry of Finance, and as a Director at the Task Force to Rebuild the Nation (TAFREN), a Presidential Task Force for rebuilding the economy after the 2004 Tsunami.
He holds a Masters in Economics from the University of Colombo and a Bachelor of Business Administration (Hons) from Western Michigan University. He completed the Corporate Finance training program with JP Morgan in New York and holds an Executive Certificate in Directorship from the Singapore Management University.
Other current appointments:
Currently, Mr Muhseen is the Non-Independent/Non-Executive Chairman of CBC Finance Ltd., Chairman/Director of Platinum Advisors Pte Ltd., a Board Member of H2O One Pte Ltd., and an Independent/Non-Executive Director of David Pieris Holding (Pvt) Ltd., Director of Canary Wharf Holdings Pte Ltd. He is also the Independent/Non-Executive Deputy Chairman of Amana Takaful Life PLC and an Independent/ Non-executive Director of PCCW Limited, Hong Kong. He is also a senior advisor to Great Eastern Holdings Ltd., Singapore.
Previous appointments:
Previously, he served as Chairman of Gestetner of Ceylon PLC and as a Director of Lankan Angel Network. His prior experience includes leading roles at global investment banks such as Credit Suisse, Bank of America Merrill Lynch and JPMorgan. His most recent role was Managing Director, Head of South East Asia Financial Institutions Group (FIG), and Head of Asia Insurance at Credit Suisse, based in Singapore. He was also a Director at Merrill Lynch and an Associate Director at Deloitte. He has worked as a senior advisor to TPG and BNP Paribas.
Shareholding of Bank:
Holds 3,361voting shares

Mr R Senanayake
Deputy Chairman
Appointed as an Independent/ Non-Executive Director in September 2020 and as the Deputy Chairman of the Bank in April 2024.
Appointed as Chairman of Board Integrated Risk Management Committee.
Mr Senanayake was the Chairman of the Board Audit Committee, Board Human Resources and Remuneration Committee and the Board Related Party Transactions Review Committee.
Skills and experience:
He is a Fellow Member of CA Sri Lanka with over 30 years of post-qualifying experience and holds a B.Com. (Special) degree from the University of Sri Jayewardenepura with a second class upper division pass and a Postgraduate Diploma in Business Management from the PIM of the University of Sri Jayewardenepura. He completed his articles at Ernst & Young to qualify as a Chartered Accountant.
Mr Senanayake is passionate about and possesses extensive domain knowledge in the financial services industry, particularly in financial management and corporate reporting, including aspects such as risk management, capital management, corporate governance, compliance, sustainability, and integrated reporting. Besides many other local and overseas training programs, he has undergone training in banking and finance with Euromoney and on general management with the National University of Singapore.
Other current appointments:
Mr Senanayake was appointed the Chairman of CBC Tech Solutions Limited in May 2024. Mr Senanayake assumed the role of Chairman at Senkadagala Finance PLC in August 2023. Prior to this position, he served as an Independent Non-Executive Director at the same organisation since April 2017. He also works at Smart Media – The Annual Report Company as a Consultant.
He is a Director of Virtual Capital Technologies (Pvt) Ltd., a software development company, since August 2017. Mr Senanayake serves as an Advisor to Unicorn Hatch Limited a Company Incorporated in New Zealand from March 2024. He has been appointed as a Member of the Corporate Governance Committee of CA Sri Lanka for the period from February 2024 to December 2025.
Previous appointments:
Mr Senanayake worked at Singer Industries (Ceylon) PLC from 1991 to 1994 as the Financial Accountant. From 1994 to 2007, he held several key positions, progressing from Senior Manager – Finance to Assistant General Manager (Finance & Planning) at Commercial Bank of Ceylon PLC. He served as the Chief Financial Officer of Nations Trust Bank PLC from 2007 to 2009. From 2009 to 2024, he worked as the Chief Officer – Process Development at Smart Media – The Annual Report Company. He also served as an Independent/Non-Executive Director of CBC Finance Ltd. from October 2014 to March 2021 and as a Non-Independent/Non-Executive Director from April 2021 to June 2022.
Shareholding of Bank:
Nil

Mr S C U Manatunge
Managing Director/Chief Executive Officer
Appointed as the Managing Director and Chief Executive Officer of the Bank in May 2022.
Appointed as a Non-Independent/Executive Director and Chief Operating Officer in July 2018.
Skills and experience:
Mr Manatunge joined the Commercial Bank of Ceylon PLC in 1989. He has held Corporate Management/Senior Management positions such as Deputy General Manager – Corporate Banking, Chief Risk Officer, Head of Credit Risk and Chief Manager – Corporate Banking. Under Mr Manatunge, the Corporate Banking Division of the Bank experienced rapid growth in the loan book and areas such as Trade Finance fee-based income while maintaining the quality of advances.
During his tenure as Chief Operating Officer, Mr Manatunge headed strategically important business units of the Bank such as Personal Banking, Corporate Banking, Information Technology, Cards, and Digital Banking guiding them to become industry leaders. He has also provided leadership and strategic inputs for transformational projects of the Bank such as “SME Transformation”, establishing a long-term digital roadmap for the Bank, and many projects to improve operational excellence.
He is a Fellow of the Chartered Institute of Management Accountants – UK (FCMA) and has obtained a Master of Business Administration (MBA) Degree from the University of Sri Jayewardenepura with a Merit Pass. He has also earned a MSc in Sustainable Management from the University of Bedfordshire – UK. He is also a Fellow Member of the Institute of Bankers – Sri Lanka (FIB), a Fellow of the Institute of Certified Management Accountants of Sri Lanka (FCMA), a Fellow of the Chartered Management Institute – UK (FCMI) and a Member of Certified Practicing Accountants (CPA) – Australia. Mr Manatunge has also been a Member of the Sri Lanka Institute of Directors since August 2017.
He was adjudged the “Chief Information Security Officer of the Year” at the EC – Council Global CISO Forum held in Atlanta – USA in September 2013, in recognition of his outstanding contribution in strengthening and promoting information security practices and IT Risk Management. He was instrumental in forming the Association of Banking Sector Risk Professionals, Sri Lanka and was the President in 2014. He has also served as a Council Member of the Association of Professional Bankers (APB) and a member of the CIMA – “Thought Leadership Committee”. Mr Manatunge was a visiting lecturer for the MBA Degree program at the University of Colombo and was a resource person at the Training Centre of Central Bank of Sri Lanka and the Institute of Bankers of Sri Lanka.
Other current appointments:
Director of Commercial Development Company PLC, Deputy Chairman of Commercial Bank of Maldives Private Limited, Vice Chairperson of Sri Lanka Banks Association (Guarantee) Ltd., and the Employer’s Federation of Ceylon. He is an Executive Member of The Council for Business with Britain.
Previous appointments:
Managing Director of Commercial Development Company PLC, Director of CBC Tech Solutions Ltd., and Director of Lanka Financial Services Bureau Ltd. He also served as a Director of the Credit Information Bureau of Sri Lanka (CIBSL), a Director of LankaPay (Pvt) Ltd. and the Chairman of the Banking, Financial Services & Insurance Group of the Employers’ Federation of Ceylon for year 2023/24.
Shareholding of Bank:
Holds 198,084 voting shares

Mr L D Niyangoda
Director
Appointed as an Independent/Non-Executive Director in August 2016.
Skills and experience:
He has a proven track record of over 41 years in the corporate environment and is qualified in various management fields both locally as well as internationally. He holds Consultant, Business, and Administration experience for a period of 35 years and was appointed as an Independent/ Non-Executive Director to the Board of Commercial Bank in August 2016.
Mr Niyangoda holds a Bachelor’s Degree in Agricultural Science from the University of Peradeniya. He was a Member of numerous professional bodies, including the Council for Agricultural Research Policy of Sri Lanka, the Standing Committee of Agriculture and Veterinary Studies, the University Grants Commission and the Board of Faculty of Agriculture, University of Peradeniya.
He has been a Member of the Sri Lanka Institute of Directors since March 2000.
Other current appointments:
Nil
Previous appointments:
He served as the Chairman of A Baur & Co. (Pvt) Ltd. and a Director of Alfred Baur Memorial (Guarantee) Limited. He served as the Managing Director/Chief Executive Officer of A Baur & Co. (Pvt) Ltd., Deputy Managing Director/Chief Operating Officer of A Baur & Co. (Pvt) Ltd., and a Director of Baur Asia (Pte) Ltd., Singapore.
Shareholding of Bank:
Nil

Ms N T M S Cooray
Director
Appointed as an Independent/ Non-Executive Director in September 2016.
Skills and experience:
Ms Cooray is a senior finance professional with extensive experience in the private sector. She holds a Master of Business Administration from the University of Colombo and is a Fellow Member of the Chartered Institute of Management Accountants, UK (FCMA). She has been a Member of the Sri Lanka Institute of Directors since July 2006.
Other current appointments:
Currently, Ms Cooray serves a Non-Independent/Non-Executive Director of The Lighthouse Hotel PLC, Jetwing Symphony PLC and Ceylon Tea Brokers PLC. She is a Director of Negombo Hotels Ltd, Jetwing Hotels Ltd, Jetwing Travels (Pvt) Ltd, Jetwing Hotels Management Services (Pvt) Ltd, Jetwing Air (Pvt) Ltd, Yarl Hotels (Pvt) Ltd, Lanka Houseboat (Pvt) Ltd, Jet Enterprises (Pvt) Ltd, Go vacation Lanka Co. (Pvt) Ltd, Capital Alliance Holdings Ltd, Saman Villas Ltd and CAL Investments Ltd (Bangladesh). She is an Independent/Non-Executive Director of Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd. In addition she is the Chairman/Managing Director of Jetwing Travels (Pvt) Ltd.
Previous appointments:
She served as the Chairperson of the Sri Lanka Institute of Directors and Jetwing Hotels Ltd., and was the Director – Finance and Administration on the Board of J Walter Thompson, and Trade Finance and Investments PLC. Additionally, she has held positions on the Boards of numerous private and public companies, been a Member, of the Advisory Council for Tourism, and served on the Board of Management of several other institutions.
Shareholding of Bank:
Holds 470,652 voting shares and 73,964 non-voting shares

Ms J Lee
Director
Appointed as an Independent/ Non-Executive Director in August 2020.
Appointed as the Chairperson of the Board Nominations and Governance Committee. She was the Chairperson for the Board Integrated Risk Management Committee.
Skills and experience:
Ms Lee is a pioneer and leading expert in quantitative risk management and its applications to strategy. She has over 35 years of experience as a banker, capital markets expert, and partner in management consulting firms serving CEOs and Boards in the US and Asia.
She holds an MBA from the Wharton School and a BSc from NYU Stern School of Business. She also attended the Advanced Management Program and Women on Boards Program at Harvard Business School. She is co‐author of the books “What Every CEO Must Know About Risk” and “RAROC and Risk Management”. Since 2000, Ms Lee had been a Senior Fellow of the Wharton School, and an Adjunct Professor at Singapore Management University where she developed and taught Enterprise Risk Management for 10 years. She has also taught Risk Management at Columbia University, New York. Ms Lee has lived and worked in both New York and Asia.
Other current appointments:
Ms Lee is the Managing Director of Dragonfly LLC which she co-founded in 2000. The New York based consulting firm provides strategy, risk management, and investment advice to Boards, CEOs, CFOs, and Business heads in the US, Europe and Asia, covering all sectors, corporates, financial institutions and governments. She is also the CEO of Dragonfly Capital Ventures (DFC) which she founded in 2009. DFC develops and invests in renewable energy and infrastructure projects in South East Asia.
She currently serves on the Executive Board of NYU Stern School of Business, DBS Group Holdings Ltd., DBS Bank Ltd., DBS Foundation Ltd., SMRT Corporation Ltd., Mapletree Logistics Trust Management Limited and JTC Corporation. She is also the Non-Independent/Non-Executive Chairperson of Strides DST Pte Ltd. (a SMRT JV Company). In October 2024, she became designated as the Co-Chair of “Women Execs on Boards” – (a non-profit alumni network of Harvard Business School of Board Governance programs). She is also a Director of non-profit SG HER Empowerment Ltd.
Previous appointments:
Ms Lee ended her term as Independent Director at AlTi Tiedemann Global and Temasek Life Sciences Accelerator Pte Ltd. She has served as a Board Director of Solar Frontier, a renewable energy subsidiary of Japan-listed Showa Shell Sekiyu. Prior to Dragonfly, Ms Lee was a key member of the pioneering team that developed quantitative risk methodology at Bankers Trust in the late 1980s. She ran the bank’s daily global risk quantification and reporting. She also worked on derivatives and other capital market products and was the risk manager (CRO) reporting to the President of BT Securities.
Shareholding of Bank:
Nil

Ms D L T S Wijewardena
Director
Appointed as an Independent/ Non-Executive Director in March 2021.
Appointed as the Chairman of Board Technology Committee.
Skills and experience:
Ms Wijewardena is a corporate executive with a proven track record in the IT industry, both locally and internationally. She has served in various senior positions in the industry for many years, gaining diverse experience in providing technology solutions from high- tech startups to large multinational businesses in the world.
She is a Graduate Member of British Computer Society. She received her board executive education at Harvard Business School and also earned Strategy Certification for Game Changing Organisations and Artificial Intelligence in Impact for Business Strategies from Massachusetts Institute of Technology, Sloan School of Management – WIM, together with IFC and the Government of Australia, awarded her as the best Woman Board Director 2021 (Sri Lanka/Maldives) at the WIM awards 2021 in Colombo.
Other current appointments:
Ms Wijewardena is the core-Founder/Chief Executive Officer of Aventude (Pvt) Ltd. (“Aventude”), which she co-founded in 2018. She is a Director/Shareholder of Aventude Pte Ltd., Singapore. Aventude is a technology strategic consultation & solutions company based in Colombo, Stockholm and Singapore, specialising in solving business problems using technology across an end-to-end spectrum. She also serve as a Director of Meta Dynamics, UAE, a company providing advanced technical services for custom software requirements of businesses.
Previous appointments:
Vice Chairperson of the Cabinet approved national initiative, “Women’s Chamber for Digital Sri Lanka” (WCDSL), an initiative to uplift women's participation in the digital economy of Sri Lanka through ICT education, career empowerment and supportive policies.
Shareholding of Bank:
Nil

Dr S Selliah
Director
Appointed as an Independent/ Non-Executive Director in April 2022.
He is the Chairman of Board Human Resources & Remuneration Committee and the Board Investment Committee.
Skills and experience:
Dr Selliah holds a MBBS degree and Master’s Degree (M.Phil). He has over two decades of diverse experience in varied fields including manufacturing, healthcare, insurance, logistics, packaging, renewable power, plantation, retail etc. He serves on the Boards of many public listed and private companies. He has extensive experience serving on Board sub committees including Audit, Human Resource and Remuneration, Investment, Strategic Planning, Related Party, Nomination, etc.
Other current appointments:
Dr. Selliah is the Independent/ Non-executive Chairman of JAT Holdings PLC. He is also the Chairman of Vydexa (Lanka) Power Corporation (Pvt) Ltd., Cleanco Lanka (Pvt) Ltd. and Andysel (Pvt) Ltd. He is the Deputy Chairman of ArunoAus Pte Ltd. He is also a Non-Independent/ Non-Executive Director of Lanka Tiles PLC, Lanka Walltiles PLC, ACL Cables PLC, and Swisstek (Ceylon) PLC. Dr Selliah is a Director of Arunodhaya (Pvt) Ltd., Arunodhaya Industries (Pvt) Ltd. and Arunodhaya Investments (Pvt) Ltd. Currently, he also serves on many Board sub-committees of the companies listed above as the Chairman or a Member.
Previous appointments:
Dr Selliah was the Deputy Chairman of Asiri Hospital Holdings PLC, Asiri Surgical Hospital PLC and Central Hospitals Ltd. He was a Director of Expo Lanka Holdings PLC, Horana Plantation PLC, Unidil Packaging (Pvt) Ltd. He also served as a Director of Lanka Ceramic PLC, Softlogic Holdings PLC, Odel PLC, Swisstek Aluminium (Pvt) Ltd, and HNB Assurance PLC. He has served as a Senior Lecturer in the Faculty of Medicine, University of Kelaniya for many years in the past and served on several committees. He has also been the Head of the Department of Physiology during his tenure at the Faculty. He has also served as a Council Member at the University of Colombo.
Shareholding of Bank:
Holds 38,408 voting shares

Mr S Prabagar
Chief Operating Officer/Executive Director
Appointed as the Chief Operating Officer and Executive Director in May 2022.
Skills and experience:
Mr Prabagar is a senior banker with over 29 years of diversified banking experience with the Bank. He has served as Branch Manager of mid-sized and larger branches in Colombo, performed as Chief Operating Officer and Country Manager of the Bank’s Bangladesh Operations, provided leadership to the Internal Audit function of the Bank as the Head and Assistant General Manager, spearheaded the Bank operations as the Assistant General Manager in charge of Operations and lead Corporate Banking as the Deputy General Manager, which was the last position held by him before taking up this responsibility.
Having turned around the branches he managed to greater performance, he was instrumental in bringing up Bangladesh Operations from a two-branch, two-booth operation to a 19 branch operation. It became the 3rd highest profitable bank, next only to SCB and HSBC out of 10 foreign banks, and contributed to around 15% of the overall bottom line of Commercial Bank. Under his leadership, operations in Bangladesh earned an AAA credit rating from the leading credit rating agency CRISL.
He represented the Bank at National Payment Council meetings at Central Bank of Sri Lanka (CBSL). He also functioned as the Bank’s Ombudsman in resolving customer complaints with the Financial Ombudsman of the country. He was the representative of the Bank to the BTAC (Bankers Technical Assistance Committee) appointed by the Bankers Association of Sri Lanka, to address operational issues faced by banks.
He served on the panel of lecturers for the Post Graduate Diploma in Bank Management offered by the Institute of Bankers (IBSL) and carried out lectures for over 4 years. He was the Secretary to the Bangladesh-Sri Lanka Chamber of Commerce and Industry, actively promoting trade and investment between the countries.
Mr Prabagar holds an MBA in Banking from the University of London, is an Associate of the Institute of Bankers (AIB – SL), and has a B.Com from the Bharathidasan University in India. He is fully qualified in CIMA (Chartered Institute of Management Accountants – UK), and CISA (Certified in System Audit – USA), also holding a Diploma in System Security and Control Audit (DISSCA – CASL).
Other current appointments:
He is a Non-Independent/ Non-Executive Director of the Board of Commercial Bank of Maldives (Pvt) Ltd., a Director of Lanka Financial Services Bureau (Pvt) Ltd.
Previous appointments:
He served as a Director on the Board of CBC Myanmar Microfinance Company Ltd. and as a Non-Executive Director on the Board of CBC Tech Solutions Limited. Additionally, he chaired the Roadmap Committee appointed by the CBSL for the implementation of Blockchain technology in Sri Lanka.
Shareholding of Bank:
Holds 309,955 voting shares and 42,215 non-voting shares

Mr D N L Fernando
Director
Appointed as an Independent/ Non-Executive Director in February 2023.
Appointed the Chairman of Board Capital Expenditure Review Committee.
Skills and experience:
Mr Fernando is a Professional Banker, who retired from active service in the banking sector in August 2020. With a career spanning over 34 years at the Bank of Ceylon (BoC), he played many prominent roles in the Recoveries Department and the Product Development Banking Unit where he had initiated a number of noteworthy, innovative liability and asset products.
He has vast experience in branch banking, customer service, and corporate/retail credit in rural and urban branches for over 14 years. He also has training/exposure in international and treasury operations, which he gained during his service at the BoC London Branch and as a member of expatriate staff at the BoC Karachi Branch (now closed) in Pakistan. He has also managed 70 BoC branches for 4 years as the Assistant General Manager in charge of the Western Province South (the largest administrative region of BoC at the time), before taking up the assignment at Bank of Ceylon (UK) Ltd. as the Chief Executive Officer/ Director in late 2012.
He holds a Bachelor of Science (Hon.) degree from the University of Colombo and served briefly on the academic staff of the (then) Batticaloa University College. He also worked under the Ministry of Education as an Education Officer in “Sri Lanka Education Service” before joining the BoC in 1986.
An Associate Member of the Institute of Bankers of Sri Lanka since 1998.
Other current appointments:
Independent Director of Ceybank Holiday Homes (Pvt) Ltd., a subsidiary of BoC Travels (Pvt) Ltd., Property Development and Management (Pvt) Ltd., which is a subsidiary of BoC, and the General Manager of Grand Oriental Hotel (GOH).
Previous appointments:
He served as the General Manager of Ceybank Holiday Homes (Pvt) Ltd., a Director of BOC Travels (Pvt) Ltd., Merchant Bank of Sri Lanka PLC, Property Development and Management (Pvt) Ltd. and the Director and Chairman of MBSL Insurance (Pvt) Ltd. Additionally, he was the Chief Risk Officer (Deputy General Manager) of BOC (which he held for more than four and a half years until his retirement in August 2020), and the Chief Executive Officer/Director of Bank of Ceylon (UK) Ltd.
Shareholding of Bank:
Nil

Mr P M Kumarasinghe
Director
Appointed as an Independent/ Non-Executive Director in April 2023.
Appointed as the Chairman of Board Related Party Transactions Review Committee.
Skills and experience:
Mr Palitha Kumarasinghe is a Senior President’s Counsel specializing in Civil and Commercial matters with a lucrative practice. Mr Kumarasinghe was enrolled as an Attorney at Law of the Supreme Court of Sri Lanka in September 1982 and was appointed as a President’s Counsel by His Excellency the President with effect from July 07, 2006.
Mr Kumarasinghe is actively practicing in the District Court of Colombo, Commercial High Court, Civil Appellate High Court of Colombo and the Superior Courts. He serves as Counsel for several State and Private Banks and Finance Houses. He has extensive experience in Debt Recovery matters and is a regular Speaker in Banking and Debt Recovery Law Sessions and many other Corporate Law matters in National Law Conferences, Junior National Law Conferences, and Continuing Legal Education Programmes conducted by the Bar Association of Sri Lanka, the Association of Corporate Lawyers, Sri Lanka and the Colombo Law Society.
He has been a Member of the Bar Council of Sri Lanka for the past 36 years.
Other current appointments:
Mr Kumarasinghe is a Member of the National Medicine Regulatory Authority.
Previous appointments:
Mr Kumarasinghe was a member of the Public Service Commission of Sri Lanka from April 2006 to April 2009 and from May 2011 to May 2014. He was a Member of the Incorporated Council of Legal Education, the Chairman of the Environmental Council established under the National Environment Act, a Member of the Advisory Commission on Intellectual Property established under the Code of Intellectual Property Act, and the Chairman of the Committee appointed by the Cabinet of Ministers and the Public Service Commission to study the existing Medical Service Minute and propose solutions to the problems existing in the Medical Administration Grade. Mr Kumarasinghe was a member of the University Grants Commission.
He has functioned as the Chairman of the Rent Law Reform Committee, the Chairman of the Banking and Finance Law Reform Committee, and the Co-Chair of the Apartment Ownership Law Reform Committee, Ministry of Justice, appointed by Hon. Minister of Justice. He also functioned as a member of the Expert Committee to draft the Higher Education Act and the Commission of Sri Lanka.
Mr Kumarasinghe has previously served as an Independent/ Non-Executive Director of Laugfs Gas PLC and Nawaloka Hospitals PLC.
Shareholding of Bank:
Nil

Mr P Y S Perera
Director
Appointed as an Independent/ Non-Executive Director in October 2024.
Appointed as the Chairman of the Board Audit Committee.
Skills and experience:
Mr Yohan Perera is a Chartered Accountant by profession and retired from the position of the Managing Partner of KPMG Sri Lanka and Maldives on March 31, 2023. He counts over 40 years of experience in audits of conglomerates and listed companies with diversified business interests.
Mr Perera was the President of the Institute of Chartered Accountants of Sri Lanka (2006 & 2007) and was the Chairman of the Sri Lanka Auditing Standards Committee (2009-2013). He also served on the Board of the Confederation of Asian and Pacific Accountants (CAPA), one of four Regional Organizations (ROs) recognized by the International Federation of Accountants (IFAC).
Mr Perera is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka (FCA) and of the Chartered Institute of Management Accountants (FCMA), UK.
Other current appointments:
Mr Perera currently serves as an Independent/Non-Executive Director on the Boards of Hayleys PLC, Haycarb PLC, Dipped Products PLC, E. B. Creasy & Co. PLC, Laxapana PLC, Muller & Phipps (Ceylon) PLC and Overseas Realty (Ceylon) PLC.
Previous appointments:
Mr Perera served as a Partner at KPMG Sri Lanka and Maldives for 33 years. During this period, he also served the Firm as the Head of HR, Risk Management Partner, and the Chief Operating Officer before becoming the Managing Partner. He served on the KPMG Middle East & South Asia Board during his tenure as the Managing Partner of the Firm.
Additionally, he has served as a member of the Securities & Exchange Commission of Sri Lanka, the Monetary Policy Consultative Committee of the Central Bank of Sri Lanka and the Governing Council of the Postgraduate Institute of Management of the University of Sri Jayewardenepura.
Shareholding of Bank:
Holds 2,400 voting shares

Mr R A P Rajapaksha
Company Secretary
Appointed as Company Secretary in April 2019.
Skills and experience:
An Associate of Chartered Governance Institute – UK & Ireland, formerly known as Institute of Chartered Secretaries and Administrators (ICSA – UK) and a Graduate of the Institute of Chartered Corporate Secretaries (ICCS) of Sri Lanka counting over 21 years of experience in the field of Company Secretarial Practice including 14 years of experience at the Bank. He is a member of Sri Lanka Institute of Directors since September 2017. He is also a member of the Institute of Directors (IOD) – UK.
Other current appointments:
Vice President of the Chartered Governance Institute – UK & Ireland, Sri Lanka & Asia Pacific Branch. Appointed as an All-Island Justice of the Peace in 2019.
Previous appointments:
Company Secretary of Bank’s fully owned subsidiary – CBC Finance Ltd. from November 2014 to March 2019. Assistant Company Secretary of the Bank from February 2011 to March 2019.
Shareholding of Bank:
Nil