As exclusively reported by the Daily FT yesterday, top professional and senior Board member Dinesh Weerakkody was appointed as the new Chairman of Commercial Bank.
At 47 years old, he is also the youngest to be appointed as Chairman of Commercial Bank, the largest private sector bank and most profitable corporate.
The appointment was made at a Board meeting yesterday whilst recent-most Central Bank Deputy Governor K.G.D.D. Dheerasinghe was appointed as Deputy Chairman.
The appointments follow the resignation of long-standing Chairman Mahendra Amarasuriya and Deputy Chairman B.R.L. Fernando yesterday.
Dinesh was appointed to the Commercial Bank Board on 29 July 2005. He holds a Master’s Degree in Business Administration (MBA) from the University of Leicester, England and is a Graduate in Business Administration.
He is also an Associate of the Chartered Institute of Management accountants UK and a Fellow of the Certified Management Accountants, Sri Lanka. He is an Honorary Member of the Institute of Personnel Management, Sri Lanka, Member of the Sri Lanka Institute of Directors and a Professional Member of the Singapore Human Resource Institute.
He is tw he Managing Director of Cornucopia Lanka Ltd., Director and Advisor of HR Cornucopia India and GlaxoSmithKline Sri Lanka.
He was the former Chairman and CEO of the Employees Trust Fund Board and Advisor to Prime Minister Ranil Wickremesinghe from January 2003 to April 2004.
He has received extensive training in leadership, international relations, change management and human resource management in Singapore, UK, Japan, India, France and USA.