Senior banker and former CEO of Bank of Ceylon K. Dharmasiri has been appointed to the Board of Commercial Bank Plc as a Non Executive Independent Director.
A career banker with over 37 years of diversified banking experience both within and outside Sri Lanka, Dharmasiri was the CEO/GM of Bank of Ceylon in 2013 when he retired.
He started his career at BOC in 1975 and prior to his appointment as CEO, he performed duties as an Additional General Manager and a Deputy General Manager covering wide range of banking activities mainly corporate and offshore banking, recoveries, finance and planning, marketing and internal audit.
He has made immense contribution to maintain BoC’s non performing advances level below the industry average.
He has played an important role and show positive results in BOC restructuring programs by working as a counterpart team member Booz Allen and Hamilton Internal Consultants. He received broad exposure and extensive training in banking and credit related subjects locally and overseas.
He served overseas as the Country Manager of BOC Maldives from 1997 to 2000 and as the Managing Director of Nepal Bank of Ceylon in 2002 and as the member rof the Board of Bank of Ceylon UK in 2012.
He has served as a Non Executive Nominee Director on the Boards of Janashakthi Insurance Ltd., Sabaragamuwa Development Bank, Merchant Bank of Sri Lanka, Ceybank Asset Management Ltd., Lanka Securities, Institute of Bankers of Sri Lanka, Lanka Financial Services Bureau Ltd., and Lanka Clear Ltd.
Dharmasiri graduate from the University of Colombo with a First Class Honours in Commerce and holds a Bachelor of Philosophy in Economics. He is also an associate member of the Institute of Bankers of Sri Lanka.
Courtesy: Daily Financial Times 23 July 2015