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INTEGRATED REPORT
INTEGRATED
REPORT
As permitted by the International
Framework, this Annual Report features a dedicated Integrated Report section, followed by Financial Statements and Supplementary Information. Structured per the Framework’s guiding principles and content elements, it provides a balanced view of our value creation process. As affirmed in the Annual Report of the Board of Directors on page 4, due diligence has been exercised to ensure its integrity, accuracy, and relevance to all stakeholders.
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FINANCIAL STATEMENTS
FINANCIAL
STATEMENTS
The Financial Statements, including Accounting Policies and notes, fully comply with relevant Accounting Standards, providing a true and fair view of the Bank’s performance, financial position, equity changes, and cash flows. As confirmed in the Auditor’s Report, they are free from material misstatements. The Independent Auditor’s Report affirms an unmodified opinion on these Financial Statements.
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SUPPLEMENTARY INFORMATION
SUPPLEMENTARY
INFORMATION
This section provides supplementary disclosures enhancing the Bank’s financial and non-financial reporting. It includes governance, compliance, sustainability disclosures, assurance reports, and key financial data, ensuring transparency and accountability. These annexures offer stakeholders insights aligned with best practices.
- Annex 1: Compliance with Governance Directions, Rules and Codes
- Annex 2: Basel III – Disclosures under Pillar III as per the Banking Act Direction No. 01 of 2016
- Annex 3: GRI Content Index
- Annex 4: Our Sustainability Footprint
- Annex 5: Disclosures Relating to Sustainability Accounting Standard for Commercial Banks
- Annex 6: Independent Assurance Reports
- Annex 7: The Bank’s Organisation Structure
- Annex 8: Financial Statements (US Dollars)
- Annex 9: Correspondent Banks and Agent Network
- Annex 10: Glossary of Financial and Banking Terms
- Annex 11: Acronyms and Abbreviations
- Annex 12: Alphabetical Index
- Annex 13: Index of Figures, Tables and Graphs
- Notice of Meeting – 56th Annual General Meeting
- Circular to the Shareholders on the First and Final Dividend for 2024
- Notice of Meeting – Extraordinary General Meeting
- Circular to Shareholders Pertaining to the Proposed Issue of Debentures
- Stakeholder Feedback Form
- Corporate Information
Integrated Report
Leadership
Senior Management
Managing Director/Chief Executive Officer's and Chief Financial Officer's Statement of Responsibility
Independent Assurance Report - Internal Control
Corporate Banking
Prasad Fernando
Head of Imports
Lawrian Somanader
Head of Exports
Tharinda Jayawardana
Head of Investment Banking and Research
Geehan Jayawickrama
Chief Manager – Corporate Banking
Mrs Ruvini Samarasinghe
Chief Manager – Foreign Operations
Lakmal Subasinghe
Chief Manager – Corporate Banking
Pubudu Perera
Chief Manager – Corporate Banking (Deceased)
Himaru Kulawardene
Chief Manager – Corporate Banking
Mohan Liyanapatabendi
Chief Manager – Corporate Banking
Personal Banking
Sanath Perera
Senior Regional Manager – Colombo Inner
Shanthapriya Withanage
Senior Regional Manager – Greater Colombo (pre-maturely retired on February 07, 2025)
Mrs Nelum Wasala
Head of Centralised Credit Processing
Michael De Silva
Chief Manager – Centralised Credit Processing
Ms Dharshini Gunatilleke
Chief Manager – Centralised Credit Processing
Chamenda Kalugamage
Regional Manager – Uva Sabaragamuwa
Roshan Peiris
Regional Manager – Southern
Arulumpalam Jeyabalan
Regional Manager – Northern
Mrs Nimalka Wickremarachchi
Regional Manager – Colombo Outer
Aruna Tennakoon
Regional Manager – Colombo North
Athula Palletenna
Regional Manager – South Western
Asela Leuwanduwa
Regional Manager – Colombo South
Chaminda Ganegoda
Regional Manager – Central
Roshan Fernando
Regional Manager – Wayamba
R Kajaruban
Regional Manager – Eastern
Treasury
Mrs Chandrima Leelaratne
Head of Treasury Processing
Hemal Jayasekara
Chief Dealer – ALM
Chirantha Caldera
Chief Dealer – Treasury Sales
Support Services
Tilak Wakista
Head of Premises
Mrs Pushpa Chandrasiri
Head of Human Resource Management
Nishantha De Silva
Head of Card Centre
Harendra Ranasinghe
Head of Security and Safety
Mrs Varuni Egodage
Head of Legal
Upul Perera
Head of Central Systems Support
Ms Sunari Dandeniya
Chief Information Security Officer
Dr Shanthikumar Fernando
Chief Manager – Research and Development
Priyantha Perera
Chief Manager – Super Market Banking
Mohan Fernando
Chief Manager – SME Banking
Jagath Weerasinghe
Chief Manager – IT (Resigned on January 31, 2025)
Dushmantha Jayasuriya
Chief Manager – Retail Products
Buddhika Gunawardana
Chief Manager – Information Technology
Pramith Rajapaksha
Company Secretary
Rasika Perera
Chief Manager – Staff Development Centre
Mahela Perera
Chief Manager – Credit Supervision and Recoveries
Asanka Wijayasinghe
Chief Manager – Retail Credit Approval
Mrs Aparna Jagoda
Chief Manager – Marketing
Mrs Dilrukshi De Silva
Chief Manager – AML/Compliance
Thushara Yatawara
Chief Manager – IS Audit
Ms Vathsala Wijekoon
Chief Manager – Planning
Mrs Chathurani Rajamuni
Chief Manager – Inspection
Ms Jalika Hewagama
Chief Manager – Customer Experience
Mrs Deepika Vidanagamage
Chief Manager – Operations
Mrs Pushpa Jayaweera
Chief Manager – Legal
Rangika Rodrigo
Chief Manager – Procurement
Keerthi Mediwake
Chief Manager – Data Governance
Thushara Thomas
Chief Manager – Central Cash
Shaliya Weeratunge
Chief Manager – Integrated Risk Management
Roy Adikaram
Chief Manager – Premises
Mrs Chandima Dangolle
Chief Manager – Finance
Mrs Kamalini Ellawala
Chief Manager – Sustainability, Women Banking and CSR
Seevali Wickramasinghe
Chief Manager – Card Centre
Mrs Deepthi Denagama
Associate Principal Engineering Manager – IT R&D
Sampath Abeywickrema
Senior Engineering Manager – IT R&D
Mrs Apsara Wellappili
Senior Engineering Manager – IT R&D
Mrs Nadika Nagahawatte
Senior Engineering Manager – IT R&D
Neelaka Aluthge
Senior Engineering Manager – IT R&D
Iranjith Bandara
Senior Engineering Manager – IT Operations
Mark De Zoysa
Senior Engineering Manager – IT Operations
Hasitha Nanayakkara
Senior Engineering Manager – IT Operations
Ms Menaka Rajapakse
Senior Business Transformation Lead – IT R&D
Bhagya Botejue
Head of Programme Management Office – IT R&D
Damith Chanaka
Senior Engineering Manager – IT Support Services
Bangladesh Operations
Najith Meewanage
Chief Executive Officer
Kasun Herath
Deputy Chief Executive Officer and Chief Operating Officer
Mahmud Hossain
Deputy Chief Executive Officer and Head of Corporate Banking
Binoy Gopal Roy
Chief Financial Officer
Haily Algewatte
Chief Risk and Investment Strategy Officer
Shakir Kushru
Senior Assistant General Manager – Personal Banking
Ms Fatema Zohara
Assistant General Manager – Corporate Banking
Kazi Mashqur Ur Rahim
Assistant General Manager – Head of Corporate Sales
Asaduzzaman Asad
Assistant General Manager – Treasury (Asset Liability Management)
Subsidiary Operations (Local)
Nalin Gunatunga
Chief Executive Officer – CBC Tech Solutions Limited
Subsidiary Operations (Foreign)
Elmo Sooriyaarachchi
Managing Director/Chief Executive Officer – Commercial Bank of Maldives Private Limited