New MD, COO at Commercial Bank

Sri Lanka’s benchmark private bank Commercial Bank of Ceylon PLC has announced the appointments of Ravi Dias as Managing Director/Chief Executive Officer and Jegan Durairatnam as Executive Director/Chief Operating Officer.

Dias possesses substantial professional experience in banking, out of which 17 years have been as a member of the Corporate Management. Since February 2008, he functioned as the Chief Operating Officer of the Bank and was appointed as Acting Chief Executive Officer on 27 February 2012.

He holds a Degree in Law (LL.B) and is a fellow of the Chartered Institute of Bankers (London). He is also a Hubert. H. Humphrey Fellow. He was appointed to the Board of Directors of Commercial Bank of Ceylon PLC in December 2010.

He was the representative of the Sri Lanka Banks’ Association at the Ceylon Chamber of Commerce from 2008 to 2011 and since July 2011 functions as a Committee Member of the General Interest Group of the Chamber.

Durairatnam joined the Bank in 1982. His banking experience covers all aspects of international trade, off-shore banking, credit, operations and IT. He has been in the bank’s corporate management team for seven years.

The holder of a Bachelors Degree from the University of Peradeniya, he has served Commercial Bank in several senior management positions, including  Deputy General Manager, Assistant General Manager – International Division and Head of Imports.