Home / Financial Services/ New Chairman of Regional Development Bank assumes duties

New Chairman of Regional Development Bank assumes duties

Comments / {{hitsCtrl.values.hits}} Views / Monday, 8 October 2018 00:00

Sujith Prasanna Kariyawasam, Attorney-at-Law, assumed duties as the new Chairman of the Regional Development Bank at the auspicious time on 1 October amidst chanting of pirith by the Maha Sangha. He is a product of Carey College and D.S. Senanayake College of Colombo and is an Honours Graduate in Business Administration from the Sri Jayawardenapura University.

Kariyawasam, who is a Senior Member of the Association of Accounting Technicians (AAT) of Sri Lanka and an Attorney at Law by profession, has held many high ranking positions in many Government institutions. He is a former Chairman of the Lankaputhra Development Bank and has held various posts at the Tea Small Holdings Development Authority, Tea Shakthi Fund and at the Coconut Development Authority. Further, he has functioned as the Working Director of the Road Development Authority for quite a long time is a fully fledged professional with vast experience.

Addressing those present, the new Chairman said that the Regional Development Bank had a well experienced staff and he intended to operate this bank applying the experience he had gained while serving in various positions while serving in the State sector along with the experience he had acquired in the financial field and the knowledge he had gathered throughout and it was the duty of the bank as well as the staff to perform their duties in a special manner as the leading State development bank in the island to realise the objectives of ‘Enterprise Sri Lanka,’ the prime socio economic development program launched by the Government and said he believed that the entire staff would join hands with him in doing so.

Personal Secretary of the Minister of State Enterprise Development and Kandy City Development Chamindrani Kiriella, Working Director Priyantha Abeysinghe, Executive Director A. Amerasinghe, General Manager/Chief Executive Officer of the Regional Development Bank T.A. Ariyapala, General Manager of Lankaputhra Development Bank Ranjith Dissanayake, office bearers of the all trade unions including the Ceylon Bank Employees Union, members of the top management of the Regional Development Bank and the staff at the head office were also present. 


Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Finishing the job of ending poverty in South Asia

Thursday, 18 October 2018

“I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories. Like thousands of other poor women, Sharmin came down to B

Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U

Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines

Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel

Columnists More