Ex-CB Deputy Governor Priyantha Fernando appointed CLC Chairman

Tuesday, 24 April 2018 00:00 - - {{hitsCtrl.values.hits}}

Commercial Leasing & Finance PLC (CLC) has announced the appointment of experienced banker Priyantha Fernando as its Chairman with effect from 30 March.

Fernando has more than 35 years of experience at the Central Bank, where he rose to the position of the Deputy Governor. He was the Deputy Governor of the Central Bank in 2010-2011, and was in charge of the Financial System Stability and the Corporate Services clusters. He has extensive experience and expertise in the fields of Banking and Financial Sector, particularly at the policy-making levels in financial regulation and supervision, information technology, national accounting, macro-economic analysis and statistics, finance and fund management. At the Central Bank, he was the chairman of the Financial Stability Committee, member of the Monetary Policy Committee, member of the Risk Management Committee and Chairman of the National Payment Council. He also functioned as the secretary to the Monetary Board during 2009/2010.

Priyantha Fernando was an ex-officio board member in several regulatory organisations, namely the Securities Exchange Commission, the Insurance Board of Sri Lanka, the Chairman of the Credit Information Bureau, Institute of Bankers –Sri Lanka and have also served as a Board Member at Employers Trust Fund, Lanka Clear Ltd. and Lanka Financial Services Bureau.

During his career he has initiated and spearheaded several key projects of national importance, especially in the area of developing the infrastructure for the national payments and settlement system. Fernando has served in a number of committees at national level covering a range of subjects, representing the Central Bank.

He was appointed the Chairman of Golden Key Credit Card Company and currently serves as the deputy Chairman of Union Bank of Colombo PLC and is on the Boardof Taprobane Holdings Ltd, Ceylon Leather Products PLC, Golden Key Hospitals Ltd, Thomas Cook Travels Sri Lanka and Imperial Institute of Higher Education.