People’s Bank starts construction of new HQ building

Prime Minister Mahinda Rajapaksa digitally unveiling the ceremonial plaque

An artist’s impression of the proposed new HQ building

Marking an important milestone in its 60-year-history, People’s Bank began construction of its all-new Head Office building. Prime Minister Mahinda Rajapaksa inaugurated the construction by unveiling the ceremonial plaque digitally on 28 May.

The ceremony to mark this event, which was held simultaneously at the Temple Trees and the building site linked seamlessly via digital connectivity, was attended by State Minister of Money and Capital Market and State Enterprise Reform Ajith Nivard Cabraal, State Minister of Samurdhi, Household Economy, Micro Finance, Self-Employment and Business Development Shehan Semasinghe, Central Bank Governor W.D. Lakshman, Ministry of Finance Secretary R. Attygalle, Prime Minister’s Secretary Gamini Senarath, Chief of Staff to the Prime Minister Yoshitha Rajapaksa, People’s Bank Chairman Sujeewa Rajapakse, and members of the Board of Directors. 

People’s Bank CEO and General Manager Ranjith Kodituwakku laid the foundation stone at the building site on the Prime Minister’s behalf. 

Speaking at the ceremony, People’s Bank Chairman Sujeewa Rajapakse stated that the bank is proud to be serving the country without being driven merely by profit. He also said that the new building will fulfil a long-felt need of People’s Bank for a comprehensive Head Office building.

Addressing the gathering, Prime Minister Rajapaksa acknowledged the pivotal role played by People’s Bank in the country’s development by providing services to over 14 million customers, which is the largest banking customer base in the country. He also stated that the commencement of large-scale constructions such as this is a testament to the State’s unwavering commitment to maintaining the development drive despite challenges, such as the COVID-19 pandemic. 

The new Head Office building will be constructed utilising state-of-the-art technology in line with the green building concept at No. 374, Dr. Colvin R. de Silva Mawatha, Colombo 2 and will consist of 23 floors and three basement floors. 

 People’s Bank CEO and General Manager Ranjith Kodituwakku laying the foundation stone at the building site on Prime Minister’s behalf