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The Board of Hatton National Bank PLC has appointed four new Directors with effect from 2 April.
HNB in a press statement said the four new Directors are L.U. Damien Fernando, D.T. Sujeewa H. Mudalige, D.S.C. Jayawardena and Rusi S. Captain.
Jayawardena and Fernando are representing interests of Jayawardena-controlled companies’ stake in HNB whilst Captains also hold a substantial stake in the bank.
Fernando has over 29 years of experience in finance, life and non-life insurance, asset management and unit trusts, management of healthcare, food and beverages, manufacturing and in retail, in the mercantile sector.
In his career he has held many offices including Board and other positions. Fernando is a Fellow Member of the Chartered Institute of Management Accountants of the United Kingdom and holds a Master of Business Administration from the University of Sri Jayewardenepura.
Mudalige has over 25 years of experience in public accounting practice and in industry in Sri Lanka and overseas and currently is a partner of PricewaterhouseCoopers – Sri Lanka. He has served on regulatory bodies such as the Securities & Exchange Commission of Sri Lanka (SEC) and the Sri Lanka Accounting and Auditing Standards Monitoring Board of Sri Lanka (SLA & ASMB).
He has also been a member of the governing boards of the University of Colombo/School of Computing (UCSC), Postgraduate Institute of Management (PIM) and the National Institute of Business Management (NIBM). He is a member of the Financial System Stability Consultative Committee of the Central Bank of Sri Lanka.
He recently completed his tenure as the President of the Institute of Chartered Accountants of Sri Lanka and also serves as the Vice President of the Confederation of Asia and Pacific Accountants.
The Confederation includes the professional accountancy bodies of Asian and Pacific nations. He has also served as a Governing Board Member of the Chartered Institute of Management Accountants (CIMA), Sri Lanka Division.
Mudalige is a Fellow of the Institute of Chartered Accountants of Sri Lanka, Fellow of the Chartered Institute of Management Accountants (UK), Fellow of the Association of Chartered Certified Accountants (UK) and a Fellow of the Chartered Institute of Securities and Investments (UK).
Jayawardena is a Director of Lanka Milk Foods (CWE) Plc., Lanka Dairies (Pvt) Ltd., Ambewela Livestock Company Ltd., Pattipola Livestock Company Ltd., Ambewela Products (Pvt) Ltd. and Indo Lanka Exports (Pvt) Ltd., since 2009. She has worked as an Intern for the Clinton Foundation in 2008.
Jayawardena holds a B.A. (Commercial Law, Criminology, Sociology) from the Monash University, Australia, Professional Certificate in Marketing (CIM), Diploma in Marketing (CIM) and a Professional Postgraduate Diploma in Marketing (CIM). She is also a Certified Auditor (DNV-Norway), a Member (CIM – London) and an Associate of Chartered Institute of Marketing (ACIM – London).
Captain is the Managing Director of Austin Gloves (Ceylon) Ltd., CEI Plastics Ltd., Propertex Development Ltd., Paints & General Industries Ltd., Paints & General Industries (Exports) Ltd., Polypak Secco Ltd. and Ranweli Ltd. He is also a Director of Chemical Industries (Colombo) Ltd., Body Bar Ltd., H.Senid Software Ltd. and Polytex Garments Ltd. Captain has had his primary education at the Royal College and secondary education (O/L & A/L) at Millfield, UK and the University of Miami, Florida.
The Board of HNB PLC will now consist of 11 members of which seven would be independent Non-Executive Directors. The board members are Dr. Ranee Jayamaha (Chairperson), Rajendra Theagarajah (Managing Director/CEO), Pamela C. Cooray, N.G. Wickremeratne, M.A.R.C. Cooray, Dr. W.W. Gamage, Dr. L.R. Karunaratne, L.U.D. Fernando, D.T.S.H. Mudalige, D.S.C. Jayawardena and R.S. Captain.