Appointed to the Board in 2020

Ms Ratnayake is a veteran banker with over 25 years management experience in Banking and Advisory with an in-depth knowledge on Financial Institutions and Markets. She has worked closely with the Government of Sri Lanka, Public and Private Sector Banks and Non- Bank Financial Institutions in Sri Lanka, leading the in-country team on raising debt capital and providing access to overseas financial markets and facilitating trade and payments. She possesses a broad skill set in corporate management and governance, an extensive credit background and exposure to debt origination, global transaction services and international risk and compliance practices.

Ms Ratnayake was appointed to the Board of SDB bank in 2020 representing SBI Emerging Asia Financial Sector Fund PTE. LTD and Nederlandse Financierings - Maatschappij Voor Ontwikkelingslanden N.V. and consequently appointed as Chairperson in April 2022.

In her role as Governing Council Member of South Asia Partnership Sri Lanka, a not-for-profit institution, which engages in social development, Ms Ratnayake works passionately in building empowered communities through training, skill development and access to finance and markets to achieve sustainable growth and uplifting livelihoods. She has been an advocate of inclusion of women in the workforce and regularly shares her views with government and related stakeholders.

Ms Ratnayake’s banking career spans over 25 years for the most part at Citibank N.A. as a Director, Head of Financial Institutions Group in Sri Lanka. Prior experience includes Retail and Institutional Banking at ANZ Grindlays Bank PLC and Corporate Banking at Seylan Bank PLC.

She is a Co-Founder / Director of IDEAology Strategy Consulting (Pvt) Ltd., which provides advisory, strategic, tactical support and export market access to financial institutions, firms in the services industry and public sector entities in Sri Lanka and the Middle East.

Ms Ratnayake holds a BSc Degree in Computer Science from the University of Houston, Clear Lake and a Master of Arts Degree in Economics from the University of Colombo.

Appointed to the Board in 2016

Prof Amaratunge is an expert in the field of economics with special reference to rural development and draws from three decades of service as a leading academic in Sri Lanka.

Since January 2020 he serves as the Chairman of University Grants Commission (UGC). He presently holds Directorships at Citizen Development Business Finance PLC, Laugfs Gas PLC, Raigam Wayamba Salterns PLC, Raigam Southern Salt Company (Pvt) Ltd, Raigam Wayamba Cereals (Pvt) Ltd and Laugfs Power PLC. Further, Prof Amaratunge is a Director of Payment Services Private Limited which is a fully owned subsidiary of SDB bank.

Having published more than 75 Articles in international and national refereed journals and proceedings, Prof Amaratunge holds a BA (Hons.) in Economics from the University of Sri Jayewardenepura, MA in Economics from the University of Colombo, and MSc. in Economics of Rural Development from the Saga National University and PhD from Kogoshima National University in Japan. Prof Amaratunge was also a recipient of the prestigious Research Excellence Award in 2002, awarded by Kyushu Society of Rural Economics, Japan, which is in addition to several other local and international awards.

In the year 2021 Snr. Prof Sampath Amaratunge was awarded with “The Order of the Rising Sun” conferred by His Majesty the Emperor of Japan on foreign nationals who have made distinguished contributions to enhancing friendly relations with Japan.

He was appointed twice as the Vice - Chancellor of the University of Sri Jayewardenepura and former Chairman of the Federation of University Teachers Association (FUTA).

Appointed to the Board in 2018

An award winning Finance Professional, a Good Governance Advocate, Thought Leader, Senior Chartered Accountant, Corporate Trainer, Management Consultant and a Business Advisor with a proven track record in holding senior leadership positions in leading local entities and multinationals.

He is the Founder / President of Asia Pacific Institute of Money and Entrepreneurship Development, the Founder /CEO of the Human Capital Partner, the Chairman /Principal Consultant of H C P Consulting (Pvt.)Ltd and holds advisory roles in several entities and committees. He has been appointed the Vice Chairman, Member Network Panel of ACCA Sri Lanka for the year 2023/24 and also serves on the International Panel on Accounting Education (IPAE), as the only representative from the entire South Asia.

Mr Kumarasiri counts over 23 years of lecturing and corporate training experience and has trained over 500,000 individuals over the years both in Sri Lanka and overseas. He possesses an array of professional and academic qualifications with numerous awards and medallions. He is a Fellow member of The Institute of Chartered Accountants of Sri Lanka, The Association of Chartered Certified Accountants - UK , The Institute of Certified Management Accountants of Sri Lanka and The Association of Accounting Technicians of Sri Lanka. He has obtained a BSc. Accountancy (Special) Degree from the University of Sri Jayewardenepura with a First Class honors and holds an MBA in Finance from the University of Colombo.

He previously held the positions of Financial Controller at Bank of Ceylon, Chief Financial Officer at The Lanka Hospitals Corporation PLC, Assistant Vice President at HSBC Securities Services, Senior Manager -Assurance and Advisory Business Services at Ernst & Young including a secondment to the Financial Services Area office of Ernst & Young LLP, NewYork. He has also served as a Governing Council Member of the Institute of Chartered Accountants of Sri Lanka; the national body of accountants and as a Commission Member of the Telecommunications Regulatory Commission of Sri Lanka.

Mr Kumarasiri has been recently bestowed with ACCA National Advocate of the Year Award for 2022 in recognition of his exceptional commitment and dedication to promote the accountancy profession and its values.

Appointed to the Board in 2018

A Senior Banker who has more than 30 years of private and public sector experience in Agriculture and Development Banking in Sri Lanka and abroad. Mr Premaratna heavily focused on the development of Small and Medium Scale Enterprises (SME) across Sri Lanka. He was mainly involved in assisting many start-up projects in the Manufacturing, Agriculture and Export oriented sectors.

Mr Premaratna holds a MSc Degree in Agriculture from Kuban Institute of Agriculture Krasnodar City USSR, a Postgraduate Diploma in Bank Management from the Institute of Bankers of Sri Lanka and a Postgraduate Executive Diploma in International Relations from the Bandaranaike Centre for International Studies (BCIS) Colombo. He has participated in many local and overseas programmes in Development Banking and agriculture related banking programmes in Europe, South East Asia and Japan. He is a life member of the Association of Professional Bankers of Sri Lanka (APB).

Mr Premaratna held the position of Chairman of the Regional Development Bank of Sri Lanka, Vice President of DFCC Bank and the Chief Executive Officer of DFCC Consulting (Private) Limited. He was a Pioneer Member of the Management Team of Pelwatte Sugar Industries before moving into the Banking Sector. He is the current Chairman of South Asia Partnership, Sri Lanka (SAPSRI).

Appointed to the Board in 2019

Anchored to a career spanning across three decades in the cooperative sector, Mr Bandara is the Chairman of Polgahawela SANASA Shareholders Trust Company Ltd, Director of SANASA Printers & Publishers Ltd since 2005, Director of Panaliya Sanasa Society and Director of Payment Services Private Limited which is a fully owned subsidiary of SDB bank. He is also the General Manager of Polgahawela SANASA Societies Union Ltd and a Justice of Peace.

Mr Bandara holds a Diploma in Banking & Finance from SANASA Campus Ltd., a Diploma in Business Management from the National Institute of Co-operative Development, a Professional Diploma in Cooperative Management from the Banking Academy of Wayamba Cooperative Rural Bank Union, a Higher National Diploma in Accountancy from the Technical College Kurunegala, and a Certificate in Banking and Finance from the Institute of Bankers of Sri Lanka.

Mr Bandara has served as a Director of SANASA Development Bank PLC (2015 to 2017), SANASA Producer and Consumer Alliance Limited, Polgahawela SANASA Shareholders Trust Company Ltd. (2012 - 2020) and also he has served as the Chairman of Panaliya Sanasa Society.

Appointed to the Board in 2021

Mr Thusantha Wijemanna is an Attorney - at - Law of the Supreme Court of Sri Lanka and a Notary Public with over 20 years of experience in the Banking Industry.

Mr Thusantha Wijemanna Presently holds Directorships at The Swadeshi Industrial Works PLC, Swadeshi Marketing (Pvt.) Ltd, Swadeshi Chemicals (Pvt.) Ltd, Ceylon Plastics Ltd and Payment Services Private Limited which is a fully owned subsidiary of SDB bank. Further, he is a Council Member of the Open University of Sri Lanka and also member of the Board of Management of the Lakshman Kadiragamar Institute of International Relations and Strategic Studies (LKI) and Resource person of Bandaranaike International Diplomatic Training Institute.

He holds the degree in Bachelor of laws (LLB) (First Class Hons.) from University of Colombo and Master of Laws (LLM) from University of London. He is a Commonwealth and Chevening Scholar of the United Kingdom, a Research Fellow at the Institute of Advanced Legal Studies in London and an Alumni of Asian Institute of Management (AIM) in Manila.

He was the Chairman of National Institute of Business Management (NIBM) and his last assignment was as Director General of the SAARC Arbitration Council (SARCO) in Islamabad, Pakistan. Prior to that, he was Legal Advisor to Ministry of External Affairs in Colombo, Assistant Legal Advisor in Ministry of Foreign Affairs, General Counsel & Secretary to the Board of DFCC Bank and Company Secretary/Chief Legal Officer of Sampath Bank PLC. He was also a Commissioner of Sri Lanka Law Commission.

Appointed to the Board in 2021

Mr S H Sarath Nandasiri possesses over 20 years’ experience in the field of Credit and also he has experience in working with Rural Community particularly working with SANASA Movement.

Presently he holds the position as General Manager of Kegalle Sanasa District Union Ltd and he provides services as a trainer in Business Development Services specialized in Micro Enterprise Development, Women and Youth Empowerment at Asian Confederation of Credit Union (ACCU).

He possesses B.Com (Hons) from University of Peradeniya, Diploma in Credit Management (IBSL), Higher Diploma in Micro Finance and Certificate in Leasing Operations (CBSL).

He has held the positions of Manager - Sales and Branch Manager and Senior Manager responsibilities in the fields of Credit and Recoveries in several Financial Institutions.

Appointed to the Board in 2021

Mr Conrad Dias’ experience spans over three decades and is a visionary leader in business technology and his C-Level experience spans over twenty years.

He is a fintech enthusiast who innovated many financial technology products and solutions. He is the founder of iPay, a revolutionary platform beyond payments and of OYES, another fintech platform that makes everyday a payday.

His thought leadership on technology and contribution in the field of ICT to the industry, society and in LOLC Group was recognized by many local and international awards including the Prestigious Computer Society of Sri Lanka CIO of the year 2016 and Chartered Management Institute of Sri Lanka Professional Excellence Award 2017. He inducted to the Global CIO Hall of Fame 2020 of IDG CIO 100, the only Sri Lankan to get this accolade.

Presently he holds Directorships at several subsidiaries of LOLC Group including LOLC Holdings PLC, LOLC Finance PLC, LOLC Technology Services Limited and LOLC Technologies Limited.

Mr Conrad Dias holds Masters in Business Administration (MBA) from the University of Leicester UK and Fellow Membership of the Chartered Management Accountants UK (FCMA), Chartered Global Management Accountants (CGMA - USA), Certified Management Accountants of Sri Lanka (FCMA) and the British Computer Society (FBCS).

Mr Dias served as a Managing Director / CEO at LOLC Technologies Limited, Managing Director of Vanik Asset Management Limited, Director / General Manager of Vanik Corporate Service Limited, Group Head of Information Technology at Hirdaramani Group of Companies.

Appointed to the Board in 2021

A distinguished banker with a strong credit background, Mr Naveendra Sooriyarachchi has a broad and in-depth knowledge on SMI Finance, Project Finance, Trade Finance, Corporate Banking and Investment Banking, built over an eminent 40-year career in banking.

Mr Sooriyarachchi has held Key Corporate Management positions at Commercial Bank of Ceylon PLC. As the Deputy General Manager- Corporate Banking, he was instrumental in steering Commercial Bank to win the ‘Best Trade Finance Bank in Sri Lanka’ award of the ‘Asian Banker’ consecutively in 2019 and 2020 as well as the ‘Best Corporate Bank in Sri Lanka’ award of International Finance (UK) in 2019.

Mr Sooriyarachchi was also responsible for the initiation of Investment Banking Operations at Commercial Bank after studying Investment Banking at the Boston University, USA on a Fulbright Scholarship. During this period, he has also served as a consultant in the Capital Markets Division, Asia Department of the IFC (International Finance Corporation), Washington. He also has a Master’s degree in Business Administration & Finance from the University of Colombo and is an Associate of the Institute of Bankers, Sri Lanka (IBSL).

Mr Sooriyarachchi has served as a Director in CBC Finance Ltd and CBC Tech Solutions Ltd, the Leasing and IT subsidiaries of Commercial bank and is an Independent, Non-Executive Director of Durdans Medical and Surgical Hospital (Pvt) Ltd.

He represents BIO (Belgian Investment Company for Developing Countries SA / NV), a major shareholder of SDB bank.

Appointed to the Board in 2022

Mr Romani de Silva counts over 30 years’ experience in the finance industry and an active promoter in developing sustainable finance in Sri Lanka. He is a Fellow of the Institute of Credit Management, Sri Lanka and serves as the Deputy Chairman and Managing Director of Alliance Finance Co. PLC and holds Directorships in many other companies. He is a Founder Director of the National Advisory Board for Impact Investing Sri Lanka.

Mr De Silva serves as a Council Member on the Sustainability Standards & Certification Initiative and the Finance 4.0 - initiative of the European Organisation for Sustainable Development - an European Union initiative. He currently heads the Sub Committee of the FHA on Sustainability and serves as a Council Member of the Finance Houses Association of Sri Lanka (FHASL). He also serves as the Honorary Treasurer of the SLICM - an educational institution dedicated for the development of the leasing and hire purchase industry in Sri Lanka, which was incorporated by an Act of Parliament.

He has represented the FHASL on the Steering Committee initiated by the Central Bank of Sri Lanka to develop a Sustainable Finance Road map for Sri Lanka for the Non-Bank Financial Sector and also on the National Financial Inclusion Strategy Project initiated by the World Bank, IFC, and the Central Bank of Sri Lanka. He also represents The Finance Houses Association of Sri Lanka on the CBSL, Multi Stakeholder Committee for the Implementation of the Roadmap for Sustainable Finance in Sri Lanka.

Mr De Silva has also represented Alliance Finance Company PLC as a Founder Investor in the pioneering “Ath Pavura” reality TV Programme co-founded by the Lanka Impact Investing Network (LIIN) and Social Enterprise Lanka (SEL) in Sri Lanka which aims to create awareness on social enterprise and develop an impact investing culture in the country. He is also a Life member of the Sri Lanka Institute of Directors

Appointed to the Board in 2022

Mr Senthilverl Senthi Aathavan, counts more than a decade of corporate experience in the fields of Management, Marketing and Investment.

He holds directorships at Senthilverl Holdings (Pvt) Ltd (Investment Company specialized in Equity Investments founded by Dr. Thirugnanasambandar Senthilverl), SANASA General Insurance Company Ltd and Samindu Incense (Pvt) Ltd. He is a Partner / Business Executive of Dollar Corporation (Total solution provider for cosmetics, confectionary, beverages, toiletries, detergent, incense stick and allied industries since 1945).

Mr Senthilverl Senthi Aathavan is a member of Association of Business Executives (UK). He holds the degree of Master of Business Administration (MBA) from Edinburgh Napier University (UK).

Appointed to the Board in 2022

Mr Chandana Dissanayake counts nearly 40 years of experience in the Banking and Non-Banking Financial Sector, with extensive experience in the areas of Corporate, Commercial and Retail Lending, Credit Risk Management in UAE, Oman & Sri Lanka. He is an Associate Member of the Chartered Institute of Bankers UK.

Mr Dissanayake has worked for 10 years with National Bank of Abu Dhabi as Vice President - Government Corporate Relations and Associate Director - Commercial Coverage, as well as with HSBC Bank Middle East as Credit Manager for 5 years. He has also worked at National Bank of Oman, Sampath Bank as well as HSBC Colombo.

He has also held the position of Head of Credit at Union Bank of Colombo and he worked at Assetline Leasing Company Limited from 2017 to 2020 initially as a Consultant and was subsequently appointed to the Board as Executive Director, to help develop their non-automotive business.

Mr Dissanayake represents Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (FMO) and SBI Emerging Asia Financial Sector Fund PTE.LTD (SBI) major Shareholders of the Bank.