New managing director, COO at Sri Lanka’s Commercial Bank

ECONOMYNEXT – Sri Lanka’s Commercial Bank has announced the appointment of Sivakrishnarajah Renganathan as Managing Director and Sanath Manatunge as Chief Operating Officer from 27th July 2018.

A statement said Renganathan and Manatunge are two career bankers who have served the bank for 37 years and 29 years.

Renganathan, who has been Commercial Bank’s Chief Operating Officer and Executive Director for the past four years, succeeds Jegan Durairatnam as Managing Director on the latter’s retirement.

Manatunge, who succeeds Renganathan as Chief Operating Officer, currently heads the Corporate Banking and Trade Finance Divisions of Commercial Bank as Deputy General Manager – Corporate Banking.

He is also a director of the bank’s Maldivian subsidiary – Commercial Bank of Maldives and its IT subsidiary, OneZero Company Ltd.

Manatunge also held the position of Chief Risk Officer of the bank, prior to assuming duties as the Deputy General Manager Corporate Banking.

(COLOMBO, July 02, 2018)

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