P.A. Lionel elected President of Sri Lanka Forex Association
Wednesday, 4 September 2013 00:00
Bank of Ceylon Senior Deputy General Manager P.A. Lionel was unanimously elected as the President of the Sri Lanka Forex Association. All members consisting of representatives of 22 banks working in Treasury related activities in Sri Lanka are members of this Association which is the apex body of treasury and dealing activities.
Lionel joined the Bank of Ceylon as a Management Trainee in 1983 and joined the BOC Dealing Room in 1988. He received a comprehensive training at the bank’s London Branch. Out of his career span of 30 years, he has functioned in the areas of treasury, international and investment for over 25 years and is one of the oldest members of the forex community. All innovations at the BOC Treasury were completely handled and structured by Lionel as well as all large syndications in the international market. Under his leadership, BOC was able to launch two US dollar bond transactions mobilising $ 1 billion. He also held the position of Head of Treasury, BOC Karachi Branch and headed the BOC Primary Dealer Unit and BOC Treasury Division. Presently he is Bank of Ceylon’s Senior Deputy General Manager in charge of Treasury, International and Investment. He also serves as Director of The Lanka Hospitals Corporation PLC, Property Development PLC, Koladeniya Hydropower (Pvt) Ltd., Ceybank Asset Management Ltd. and Lanka Securities (Pvt) Ltd.
He is also a member of the Governing Board of the Institute of Bankers of Sri Lanka and is a member of cabinet appointed procurement committee of the Ceylon Petroleum Corporation.
He is the Chairman of the BOC Investment Committee and an active member of the Assets and Liability Management Committee (ALCO) and the Credit Committee.