BOC employees protest over appointment of new Act. GM

Bank of Ceylon (BOC) branches are reportedly closed as employees have started a protest against the government’s decision to appoint a new Acting General Manager (GM).

The Ministry of Finance appointed Sudath Gunasekara as the Act. GM. of BOC, replacing veteran banker Senarath Bandara.

Gunasekara was previously the BOC Senior Deputy GM (International, Treasury and Investment) and BOC Deputy GM (Retail banking) and has a 40-year career at the bank.

Meanwhile, the Ministry of Finance had also appointed a new Act. GM to Peoples Bank replacing veteran banker Rasitha Gunawardana.