Thursday, May 14, 2020

Eshana De Silva appointed as NDB Chairman

Mr. Eshana De Silva has been appointed to the Board of National Development Bank PLC with effect from 14 May 2020, and the Board of Directors thereafter appointed him as Chairman of the Board.

Mr. De Silva succeeds outgoing Chairman Mr. Kavan Ratnayaka who served the NDB Board for nearly five years as a director including the last year as the NDB Chairman before he handed in his resignation with effect from 30th April 2020.

Having built his career in the business world, Mr. Eshana De Silva currently serves in the capacity of Chairman of several companies including the Esna Group of Companies, Hanjin Shipping Lanka, Shermans Logistic (Pvt) Ltd., Star Leisure (Pvt) Ltd, Esna Holidays (Pvt) Ltd. He was also the director of several other companies such as the Interocrean Group, the Sherman Sons Group and of Fortress Resorts PLC. He is also the Honorary Consul for the Republic of Kazakhstan since 2011.

Mr. De Silva has previously played a pivotal role in Pan Asia Banking Corporation PLC (PABC) as its Director, Deputy Chairman and Chairman respectively in 2008, 2012 and 2016. He retired as Chairman of PABC in 2017 after 9 years of service. Whilst with PABC, Mr. De Silva was also Chairman of the Board Credit Committee and the Board Related Party Review Committee. Mr De Silva also bags experience from his services rendered as a Director of the Board of Investment (BOI) from 2007-2013 where he also served as Chairman of the BOI Audit Committee. He has also served as a Board Member of the Sri Lanka Ports Authority from 2008-2013.

NDB Bank, which is the first and to date the only corporate in Sri Lanka to officially be certified with EDGE Certification (Economic Dividend for Gender Equality) is a premier retail Bank with over 113 branches across the island, serving millions of Sri Lankans through a host of financial services. From its inception, the NDB Group which includes NDB Bank, NDB Capital, NDB Investment Banking, NDB Wealth, and NDB Securities has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. Customers across all group companies have benefited from the product and service offerings of the NDB Group. 

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