Changes to Pan Asia Bank Board of Directors

August 4, 2017
Mr. G.A.R.D Prasanna – Signing the first official document after assuming duties as the Chairman of Pan Asia Bank

Pan Asia Bank recently announced of two changes to its Board of Directors.

Mr. Eshana De Silva who served as a board member for 9 years out of which the last year as the Chairman of the bank stepped down recently as per Central Bank directions on good corporate governance and Mr. G.A R.D Prasanna who has served as a director of the bank since 2012 took over as the Chairman.

In addition, the experienced banking professional Mr. Aravinda Perera was appointed as a Board Director with effect from 3rd August 2017.

The new Chairman Mr. G.A R.D Prasanna is an experienced business professional who was appointed to Pan Asia Bank as a Director in 2012.He is the Chairman of Grandmark (Pvt) Ltd. and is the Managing Director of Wise Property Solutions (Pvt) Ltd. He also serves as a Director on the Boards of Royal Ceramics Lanka PLC, Royal Porcelain (Pvt) Ltd, Rocell Bathware Ltd, Delmege Forsyth & Co. (Shipping) Ltd, Country Energy (Pvt) Ltd, La Fortresse (Pvt) Ltd, Delmege Forsyth & Co. (Exports) (Pvt) Ltd, Delmege Insurance Brokers (Pvt) Ltd, Rocell Properties Ltd, Delmege Coir (Pvt) Ltd, Delship Services (Pvt) Ltd, Delmege Freight Services (Pvt) Ltd, Delmege Air Services (Pvt) Ltd, Lewis Brown Air Services (Pvt) Ltd, Hayley’s Global Beverages (Pvt) Ltd, Lanka Tiles PLC.

Mr Aravinda Perera counts over 30 years in the Banking sector and functioned as the Managing Director of Sampath Bank PLC from 1st January 2012, until his retirement in September 2016.

Presently he is the Managing Director of Royal Ceramics Lanka PLC.

He is the Chairman of Siyapatha Finance Ltd and is a Director of SC Securities (Pvt) Ltd, Lanka Bangla Finance Ltd in Bangladesh, Colombo Stock Exchange, Hayleys PLC, Hayleys Industrial Solutions Private Ltd, Fentons Ltd and Hayleys Advantis Ltd.

He is a former Director of Lanka Financial Services Bureau, Credit Information Bureau of Sri Lanka and Lanka Clear (Pvt) Ltd.

He is also a former Governing Board Member of the Institute of Bankers of Sri Lanka and Past President of Association of Professional Bankers, Sri Lanka.

He was the Co-chair of National Agenda Committee on Finance and Capital of the Ceylon Chamber of Commerce and member of National Payment Council.

He is a Member of the Institute of Engineers (Sri Lanka) (MIESL) and a Chartered Engineer (C.Eng.). He is a Fellow Member of the Chartered Institute of Management Accountants (UK) (FCMA) and a Fellow of the Institute of Bankers – Sri Lanka (FIB). He holds an MBA from the Post Graduate Institute of Management.

Mr Perera was honoured with the “CEO Leadership Achievement Award 2016” by the Asian Banker and was the recipient of the prestigious “Platinum Honours – 2014” Award by the Postgraduate Institute of Management Alumni (PIMA) of Sri Jayawardenapura University. He was also honoured with the “Award for the Outstanding Contribution to the Banking Industry – 2015” by the Association of Professional Bankers.

About Pan Asia Banking Corporation PLC

Pan Asia Banking Corporation PLC (PABC) is a public limited liability company incorporated in Sri Lanka in March 1995 under the Companies Act No.17 of 1982 and re-registered under the Companies Act No.07 of 2007, a licensed commercial bank under the Banking Act No.30 of 1988 and listed at the Colombo Stock Exchange. During past 22 years Pan Asia Bank has become one of the fastest growing local commercial banks in Sri Lanka. The bank offers a comprehensive portfolio of innovative banking solutions to Retail, SME and Corporate customers across its network of 83 branches across the country.