New MD/CEO takes over at Cargills Bank

Friday, 27 February 2015 00:00 - - {{hitsCtrl.values.hits}}

Cargills Bank Ltd. has announced the appointment of Prem Kumar as the new Managing Director and CEO with effect from 25 February. He succeeds Harris Premaratne who resigned recently.

Prem Kumar has over 30 years of result-oriented international experience in financial services. He has worked extensively within the HSBC Group for 29 years including having served as Area Chief Financial Officer in Thailand, Indonesia and New Zealand. He was also Head of Finance Information Systems for HSBC Asia Pacific in Hong Kong. Prem Kumar was Chief Financial Officer at Bank International Indonesia in Jakarta for five years before serving at ICB Financial Holdings Group as Group Chief Executive Officer. Prem Kumar holds a Master of Business Administration in International Management, New Zealand. He is an Associate Member of the Australian Institute of Bankers, New Zealand, and an Associate of New Zealand Institute of Management.