Dinithi Ratnayake new Chairperson at SDB bank

Wednesday, 27 April 2022 00:00 - - {{hitsCtrl.values.hits}}

Dinithi Ratnayake has been appointed as the Chairperson of the SDB bank with effect from 29 April.

At present, she is a Non-Executive Independent Director on the SDB bank Board since April 2020.

Dinithi Ratnayake

She replaces Lakshman Abeysekara who retires on Friday following the completion of nine years on the Board.

Ratnayake possesses a broad and in-depth knowledge of financial institutions. She has a strong

credit background, and exposure to debt capital markets and international risk and compliance

practices.

Ratnayake is a Senior Banking Professional with over 24 years of banking experience, for the most

part at Citibank N.A. as a Director, Head of Financial Institutions Group in Sri Lanka.

Prior experience includes Retail and Institutional Banking at ANZ Grindlays Bank PLC and Corporate Banking at Seylan Bank PLC. She represented SBI Emerging Asia Financial Sector Fund Ltd., and Nederlandse Financierings - Maatschappij Voor Ontwikkelingslanden N.V. at the Board of SANASA Development Bank PLC. (February 2020-April)

Ratnayake is a Co-Founder/Director of IDEAology Strategy Consulting Ltd., which provides advisory and strategic, and tactical support to financial institutions and public sector entities in Sri Lanka and the Middle East.

She is also a Governing Council Member of South Asia Partnership Sri Lanka, an NGO which engages in social development, working towards building empowered communities to achieve sustainable growth.

Ratnayake holds a BSc Degree in Computer Science from the University of Houston, Clear Lake

and a Master of Arts Degree in Economics from the University of Colombo.

Major shareholders of SDB bank are Iconic Property Twnety Three Ltd., (15%), Nederlandse Financierings Maatschappij Voor Ontwikkerlingslanden NV (11%), Ayenka Holdings Ltd., (10.9%), Belgian Investment Company for Developing Countries SA/NV (10%), Senthilverl Holdings Ltd., (9%).

The Board of Directors of SDB bank will comprise of Chairperson D. Ratnayake, S. Amaratunge, P. Subasinghe, S.L. Thilakarathne, C. Kumarasiri, H.P. Premaratna, B.R.A. Bandara, J.A.L.G. Jayasinghe, T. Wijemanna, S.H.S. Nandasiri, F.K.C.P.N. Dias and A.N.P. Sooriyarachchi.