brand logo

NDB Chairman to resign, new Chairman to take over on 01 July

21 Jun 2022

In a letter addressed to the Chief Regulatory Officer of the Colombo Stock Exchange, National Development Bank (NDB) PLC has announced the resignation of Mr. Eshana de Silva, Chairman/Independent Non- Executive Director, from the Board with effect from 30th June 2022. It went on to note that the Shareholding of Mr. de Silva as at the date of his resignation will be notified in due course. The Board also announced that Mr. Sriyan Cooray, Independent Non- Executive Director, will take over as Chairman of NDB with effect from 1 July 2022. Mr. Sriyan Cooray has served on the Board of Directors of National Development Bank PLC (NDB) since 10th August 2018 and is an Independent Non-Executive Director. He serves on several subcommittees of the Board including the Integrated Risk Management Committee, Audit Committee, Strategic Issues Committee, Human Resources & Remuneration Committee and the Nominations Committee, Chairing the Integrated Risk Management Committee and Human Resources & Remuneration Committee. Mr. Cooray has, on many occasions, also served in the capacity of Acting Chairman of NDB as appointed by the Board when required. An accomplished banker with 28 years of experience at HSBC, Mr. Cooray has served in a wide range of areas ranging from Finance, Operations, Compliance, Administration and Retail Banking at HSBC and retired from HSBC - Sri Lanka and Maldives as the Chief Operating Officer in May 2018 , which position he held from 2007. Whilst at HSBC, Mr. Cooray has also served on its Executive Committee for 25 years, as a member of the Board of Trustees of the HSBC Provident and Pension Fund, Chaired the Banking Technical Advisory Committee in 2015/2016 and served on many internal committees of HSBC including the Assets and Liabilities Committee, Human Resource Policy Review Committee and HSBC's IT Steering Committee.  He was also the Chairman of the Management Committee of HSBC which comprised the Bank's second tier management and acted as the Bank's Acting CEO on numerous occasions in the last 15 years of his banking career with HSBC.  Prior to joining HSBC, Mr. Cooray has also been a part of Speville M & W Ltd, in the capacity of Financial Controller from 1987 -1990 and prior to that he was engaged with KPMG Ford Rhodes Thornton Company. Mr. Cooray is a fellow of the Chartered Institute of Management Accountants and has gained a wealth of expertise from the widespread executive development programmes offered by the HSBC Group. He is currently an independent non-executive director of Orient Finance PLC.

Kapruka

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


More News..