Nations Trust Bank announces Sherin Cader as new Chairperson from May

Friday, 27 January 2023 00:20 - - {{hitsCtrl.values.hits}}

Sherin Cader

Nations Trust Bank yesterday announced that Sherin Cader will be its new Chairperson with effect from 1 May 2023. The appointment follows the retirement of Gihan Cooray from the Board of Directors of the Bank with effect from 30 April 2023 in compliance with Direction No. 3(2Xii) (A) of the Rules of Corporate Governance for Licensed Commercial Banks issued by the Central Bank of Sri Lanka which provides that the period of service of a Director of a commercial bank shall not exceed nine years.

Cader was appointed to the Board of Nations Trust Bank PLC on 15 December 2018. She is currently the Chairperson of the Board Supervisory Committee and a member of the Integrated Risk Management Committee and the Board Audit Review Committee of the Bank.

Cader is the Chief Financial Officer of the Financial Services industry group of John Keells Holdings PLC.

She has been with the John Keells Group since 1998, serving in many capacities across multiple sectors. She has played diverse roles across finance and operations in the Financial Services sector, the IT Enabled Services sector and JKH Centre functions. She functioned as the Financial Controller at John Keells Holdings PLC from 2009 to 2012.

Subsequently she took on the role of General Manager - Finance and Planning at Union Assurance PLC until her current role within the Financial Services industry group of JKH as CFO. She also serves on the Boards of John Keells Stock Brokers Ltd., Waldock Mackenzie Ltd. and Allied Properties Ltd.

Cader is a Fellow Member of the Chartered Institute of Management Accountants (CIMA) UK, and a Fellow Member of the Association of Chartered Certified Accountants (ACCA) UK. She is also SAP Certified in Managerial and Financial Accounting.