Clearing Association of Bankers holds 9th AGM

AB Securitas Director Pradeep S. Kannangara handing over the sponsorship cheque to Clearing Association of Bankers President Upul de Silva while Senior Manager of AB Securitas Sudath Karunarathne, Deputy Manager Palitha Wickramasinghe and one of the members of the Clearing Association of Bankers L.U.L. Alwis look on

The Clearing Association of Bankers (CAB) held its ninth Annual General Meeting on 24 November at the conference hall of the HNB Towers in Colombo 10. This special event was graced by Lanka Clear Ltd. Chief Executive Officer/General Manager Channa De Silva, chief operating officers of various banks, deputy general managers, heads of the clearing departments of all commercial banks, the members of CAB and other distinguished guests. The AGM and the fellowship was a great success thanks to the usual good support of the Principal sponsor AB Securitas Ltd.

This Association was formed in 2008 with the objective of ‘enhancing the knowledge of bankers as well as to promote the good will, understanding and fellowship among bankers engaged in clearing.” Last year too CAB was able to fulfil the above objective by holding seminars related to banking, the much awaited Inter Bank Quiz program and the popular Inter Bank Softball Cricket tournament with a large participation. The success of these events ensured a rise in the number of the organisation’s members.

M. Razak Deen of MCB Bank was elected as the President and the newly elected executive members of Association are as follows: