Sanjaya Mohottala appointed to NDB Board

Monday, 19 May 2025 02:03 - - {{hitsCtrl.values.hits}}

Sanjaya Mohottala

Top professional Sanjaya Mohottala has been appointed to the Board of the National Development Bank PLC (NDB) as a Non-Independent Non-Executive Director.

Mohottala is a Senior Advisor to Boston Consulting Group (BCG), where he was previously a Managing Director and Partner.

With over 16 years of experience at BCG, he has advised Infrastructure Funds, Principal Investors and Private Equity (PIPE) clients, Sovereign Wealth Funds (SWF), banks, multinational corporations, and regional enterprises across the Indo-Pacific, the EU, and the US. His areas of expertise include strategy, mergers and acquisitions, investments, restructuring, operational improvement, sales and marketing, digitisation, and AI and advanced analytics. He has also led multiple merger discussions, post-merger integrations, and co-led large-scale global transformation programs.

Mohottala currently serves on the boards of Softlogic Life Insurance PLC, Orbital Kinetic Ltd., Ifinity Ltd., and several other companies.

He previously held key public sector roles, including Chairman of the Board of Investment, and board member positions at the Export Development Board, SriLankan Airlines, the International Chamber of Commerce – Sri Lanka etc.

He holds an MBA from the UCLA Anderson School of Management (as a Fulbright Scholar), a BSc (Hons) from the University of Moratuwa, is a qualified Management Accountant (CIMA), and holds a Postgraduate Diploma in Marketing (CIM). He is a Fulbright Scholar.

Separately NDB announced that the Norwegian Investment Fund for Developing Countries (NORFUND) representative (Fay) Piyachatr Chetnakarnkul who served the Board as Non-Executive Non-Independent Director since May 2021 has resigned from 16 May 2025. NORFUND holds 9.97% stake in NDB.

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