Sampath Bank MD Approached For NDB CEO Post

September 12, 2016

Managing Director of Sampath Bank Aravinda Perera has been reportedly approached to fill the post of NDB CEO after the impending exit of Rajendra Theagarajah.

This came after Sampath Bank (Sampath) on Friday announced the appointment of Nanda Fernando as its new Managing Director. The NDB board is at the moment discussing with bankers to fill the post of CEO when Theagarajah’s resignation becomes effective from November 30.

Having played a pivotal role at Sampath Bank since the year of its inception, Fernando served in the capacity of Chief Operating Officer, prior to this appointment, the announcement said. It said Perera was retiring from the bank.

Accordingly Fernando has been responsible for driving multiple aspects of the bank and has supported Transactional Banking covering Retail and Corporate Banking, among many other key growth areas.

Theagarajah, Former CEO of HNB, was head hunted for NDB is resigning after serving three years in the post. NDB chairman N.G. (Tanky) Wickremaratne stepped down on August 31, with Ananda Athukorala taking over as the new chairman.