Sun, 01 Aug 2021 Today's Paper

Sunil and Ranee to step down from NDB, HNB

30 March 2015 03:43 am - 0     - {{hitsCtrl.values.hits}}

A A A

The Chairpersons of two leading private banks in the country have indicated that they will be stepping down from their duties and will not pursue re-election to their posts during the respective banks’ Annual General Meetings scheduled for today.
National Development Bank PLC (NDB) Chairman Sunil Wijesinha and Hatton National Bank PLC Chairperson (HNB) Dr. Ranee Jayamaha had informed of their decisions to respective boards of directors last week, according to announcements filed to the Colombo Stock Exchange.
While it is not clear who their successors would be, the state could have a significant influence in who gets appointed, if it exercises its powers.
In fact, Sunil Wijensinha on his Facebook profile said he resigned because the Finance Minister expressed his wish to reconstitute the board.  
Through state-owned institutions such as National Savings Bank, Bank of Ceylon and Sri Lanka Insurance, as well as state-managed funds such as the Employees’ Provident Fund and Employees’ Trust Fund, the government has 28.38 percent of the voting shares in HNB, and 33.25 percent of the rights in NDB.
Both Wijesinha and Dr. Jayamaha were appointed during the previous regime.
See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment


Ugly sporting truths Sport scholarships thrive in culture of corruption

Sadly the cohort of perpetrators include egotistical leaders, coaches and eve

JR Jayewardene and the July 1983 Anti-Tamil Violence

July 24, 1983 was the day on which a destructive spree of anti-Tamil violence

“Medamulana Dynasty”: Four Sons and Three Grandsons of Don Alvin Rajapaksa

Basil Rohana Rajapaksa was sworn in as Finance minister in the Government of

Site survey near Akasa Chaitya: Is it the end of Yala?

The Yala National Park has been at the receiving end of human disturbances fr



See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.