ECONOMYNEXT – Investment banker and head of Asia Securities Dumith Fernando has been elected as a director of the Colombo Stock Exchange (CSE) board at its Annual General Meeting on 26th May 2017.
Fernando, an experienced international investment banker with over two decades in the industry in the US and Asia, replaces Vajira Kulatilaka who stepped down from the CSE Board, a statement said.
Fernando led the acquisition of Asia Securities in 2015 and is its chairman and controlling shareholder.
He is the former Managing Director and Group Chief Operating Officer of Credit Suisse, Asia Pacific, based in Hong Kong prior to which he was Chief Operating Officer of Asia Pacific Equities at both Credit Suisse and JP Morgan overseeing equities business operations in 12 countries.
He has also held various positions in corporate finance, M&A advisory, private equity investing and corporate strategy at JP Morgan in New York and Hong Kong.
Fernando is a senior advisor at Tybourne Capital Management (Hong Kong) a leading global asset management firm, as well as non-executive chairman of several early stage companies.
The World Economic Forum selected Fernando, who holds a BA (Honors) in Physics & Economics from Middlebury College, USA and an MBA from Harvard Business School, to its Young Global Leaders forum in 2013.
The CSE Board of Directors comprises of five directors elected by CSE member firms and four directors appointed by the government.
(COLOMBO, June 28, 2017)