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Sri Lanka’s NDB Chairman, Chief Exec to step down

ECONOMYNEXT – Chairman of Sri Lanka’s NDB Bank, N G Wickremeratne will retire on August 31 and Chief Executive Rajendra Theagarajah has resigned with effect from November 30.

Theagarajah will complete three years at the bank in November and was leaving "to pursue wider interests’ the bank said in a stock exchange filing.

Ananda W Atukorala, had been appointed as a non-executive director, the firm said in a stock exchange filing.

Atukorala has 35 years’ experience in banking and had been Deputy General Manager ANZ Grindlays Bank Sri Lanka and was Country Manager Mashreq Bank.

He was a former advisor to the Ministry of Policy Development and Implementation. (Colombo/Aug26/2016)

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