Nalin Samaranayake joins CBC Finance Board

Monday, 4 May 2026 06:56 - - {{hitsCtrl.values.hits}}

Nalin Samaranayake

CBC Finance PLC has appointed Nalin Samaranayake to its Board as a Non-Independent Non-Executive Director.

Samaranayake is a seasoned banking professional with 39 years of extensive experience in the financial sector. Currently serving in a Corporate Management capacity as the Assistant General Manager – Credit Supervision and Recoveries at Commercial Bank of Ceylon PLC, he specialises in high-stakes debt recovery, credit supervision, and business revival.

He possesses proven expertise in managing Stage 3 advances, navigating complex legal frameworks, and implementing Central Bank directives for business rehabilitation. Throughout his tenure at Commercial Bank of Ceylon PLC, which commenced in 1987, he has held various leadership roles, including operational and administrative management within the Imports Department and Branch Management.

Samaranayake possesses extensive expertise in Credit Supervision, specifically in the proactive management of Non-Performing Advances (NPA) and Stage 3 portfolios. He is a specialist in Business Revival, having a proven track record in rehabilitating distressed SME and Corporate entities, which has been instrumental in turning around multiple client accounts while effectively preserving bank capital. Furthermore, he brings significant experience in Regulatory Compliance, having served as the Bank’s Compliance Officer for the Credit Information Bureau (CRIB), and is highly competent in utilising Alternative Dispute Resolution (ADR) mechanisms to resolve delinquent accounts.

Samaranayake holds an MBA from Cardiff Metropolitan University, United Kingdom (2016), and a Postgraduate Executive Diploma in Bank Management from the College of Banking & Finance, Institute of Bankers of Sri Lanka (2004/2005). He is also an Associate Member of the Institute of Bankers of Sri Lanka (1998).