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Top professional Kavan Ratnayaka has been appointed as the new Chairman of National Development Bank PLC (NDB). He succeeds Ananda Athukorala who retired with effect from 17 April after having joined the Board in August 2016.
Ratnayaka was serving as an Independent Director having joined the Board in May 2015. He is the Chairman of the Sri Lanka Ports Authority (SLPA).
He has previously functioned as the Chairman of The Sri Lanka Tourism Development Authority, Associated Newspapers of Ceylon (ANCL) and the Group Chief Corporate Officer of Cargills Ceylon PLC from August 2013 to January and the Group Chief Corporate Officer of Dialog Axiata PLC from October 2007 to December 2012 at which position he played a key role in the Dialog Leadership Team that acquired Suntel in early 2012.
Ratnayaka also functioned as the Chief Executive Officer, Dialog Broadband Networks (DBN) where he led the build out of a nascent broadband telecommunications business.
Prior to joining Dialog he led IBM Sri Lanka as its Country General Manager where he was a trusted advisor to many Banking, Insurance, Government and Telecommunications clients assisting them to design, procure, implement and maintain cost effective and innovative IT solutions.
He has extensive knowledge of the Information and Communication Technology (ICT) Products, Services, and Distribution and has received extensive training from IBM in industry segments such as Banking, Telecommunications, Ports, Airlines, Travel and Government.
He has also trained in Products, Sales Techniques, Client Relationship Management, Project Management, Partner Management, General Management and Leadership, Board Representation, Media Relations and Government Relations. He has worked closely with institutions such the ADB, JICA and the WB in initiating and implementing large Information Technology Projects.
Ratnayaka currently serves on the Boards of the Sri Lanka Business Development Center (SLBDC) and KBSL. Ratnayaka holds a Bachelor of Science (Physics) from the University of California.