Sharhan Muhseen appointed to Commercial Bank Board

Wednesday, 17 February 2021 00:00 - - {{hitsCtrl.values.hits}}

Sharhan Muhseen

Sharhan Muhseen has been appointed to the Board of Commercial Bank of Ceylon PLC as a Non-Executive Independent Director with effect from 15 February.

Sharhan Muhseen is a senior investment banker with extensive experience in areas of mergers and acquisitions, corporate finance and capital markets. He has served in a senior capacity working with company boards and senior leadership teams of financial institutions across Asia to help drive their Strategic Corporate Agenda and Roadmap. He previously worked in best-in-class global investment banks, Credit Suisse, Bank of America Merrill Lynch and JPMorgan in leading regional coverage roles.

Muhseen’s most immediate previous role was as Managing Director, Head of South East Asia

Financial Institutions Group (FIG) and Head of Asia Insurance at Credit Suisse based in Singapore.

In his investment banking career spanning over 20 years, Muhseen has completed landmark mergers and capital raising transactions in excess of $ 100 billion. The Asia FIG sectors team at Merrill Lynch and Credit Suisse has won the ‘FIG Asia House of the Year’ awards from the Asset magazine for several years under his leadership. Multiple transactions he led have been awarded as best country deals and best financial sector capital raise transactions.

He is credited with some leading research reports including reports on banking sector efficiency, currency depreciation and budget deficit in his role as Head of Sri Lanka Banking sector research coverage and lead Economist at Jardine Flemming. He has also worked at Standard Chartered Bank in the Corporate Banking Division, where he started out as a Management Trainee and at Rodman and Renshaw stock and commodities broker based in Chicago.

Muhseen has experiences at the policy level working as a Team Leader at the National Council for Economic Development (NCED) under the Ministry of Finance as well as a Director at the Task Force to Rebuild the Nation (TAFREN), Presidential Task Force for rebuilding the economy after the 2004 Tsunami. He holds a Masters in Economics from the University of Colombo, a Bachelor of Business Administration (Hons) from Western Michigan University and has completed the Corporate Finance training program with JPMorgan in New York.