Top professional Kavan Ratnayake will assume office as the new Chairman of the Bank of Ceylon.
His appointment by President Ranil Wickremesinghe as the Minister of Finance has been approved by the Central Bank. Ratnayake succeeds Ronald Perera PC.
Ratnayaka currently serves on the Board of KBSL (Pvt) Ltd and Agility Innovations Ltd., and is a Trustee of the Jayam Wijeratnam Trust and of the Dialog Foundation.
He has previously functioned as the Chairman of the National Development Bank PLC (NDB), the Chairman of the Sri Lanka Ports Authority (SLPA), the Chairman of The Sri Lanka Tourism Development Authority (SLTDA), the Chairman and Managing Director of Associated Newspapers of Ceylon Ltd (ANCL), the Group Chief Corporate Officer of Cargills Ceylon PLC, the Group Chief Corporate Officer of Dialog Axiata PLC, the Chief Executive Officer, Dialog Broadband Networks (DBN) and as IBM Sri Lanka's Country General Manager.
He has also served as a Committee Member of the Ceylon Chamber of Commerce (CCC), a Council Member of the Employers Federation of Ceylon (EFC), as President of the American Chamber of Commerce (AMCHAM).
Ratnayaka holds a Bachelor of Science (Physics) from the University of California, Riverside Campus and is an old boy of Royal College.
(ft.lk)