HDFC Bank new Chairman assumes duties

Friday, 13 February 2015 00:00 - - {{hitsCtrl.values.hits}}

New Chairman R.J. De Silva after assuming duties in his new post. The bank’s CEO/GM Nimal Mamaduwa and other members of the corporate management were also present at this event R.J. De Silva has been appointed as Chairman of HDFC Bank Sri Lanka. He assumed duties in his new post on 11 February at the bank’s head office, Colombo 02. An old boy of Royal College, Colombo De Silva is a law graduate and passed out as an Attorney-At-Law with a first class honours in 1977. De Silva has held several key positions earlier such as Chairman, National Lotteries Board (1982-1989), Chairman of the National Insurance Corporation (1989-1990) and the State Distilleries Corporation (1990-1992). He was the Director General, Public Investment Management Board (1992-1994) with a mandate on behalf of the Secretary to the Treasury to oversee management and instil private sector practices of 37 corporations converted to fully government owned companies prior to eventual privatisation. Further, he served as a Legal Advisor to the Treasury in 1994. He was instrumental in setting up the first Life Insurance Company in Sri Lanka in 1994 and worked as the company’s first Managing Director till end 1998. After successfully navigating Janashakthi Life Insurance Company Ltd, De Silva worked as a Consultant for Legal and HR Development at Hutchison Telecom from 1999 to 2001. He also served as the Chairman of Geological Survey and Mines Bureau (GSMB) and Chairman GSMB Technical Services Ltd from 2002 to 2004.