Ex-SEC DG Channa appointed to Pan Asia Bank board

Former Director General of Securities and Exchange Commission (SEC) and top professional Channa de Silva has been appointed to the Board of Pan Asia Bank Plc as a Non Executive Director, subject to Central Bank approval.

PABC also announced the appointment of G.A.R.D. Prasanna, a businessman to its Board, subject to approval of the Central Bank.

De Silva currently serves as the Group MD of LR Global Lanka Asset Management Company Ltd., part of the Logan Rockefeller Group based in New York.



 He also serves on the Board of Delmege Group. He functioned as the DG of SEC for five years and prior to that as Executive Director of the BOI. He holds postgraduate degrees from Harvard University and University of Melbourne (MBA) together with a Bachelor’s Degree from the University of Colombo. He is an Edward S Mason Fellow in Public Policy and Management at Harvard University and has served as a Teaching Fellow at Harvard Kennedy School. He is a fellow of Chartered Institute of Management Accountants (FCMA - UK) and Fellow of the Chartered Certified Accountants (FCCA-UK).

The other new Director Prasanna holds directorship in many companies and has experience in many fields whilst he has worked in Japan during 1990 to 1997, the PABC announcement said.

PABC Bank comes under the control of business leader Dhammika Perera whilst its business leader Chairman Nimal Perera.