Hiran quits Trade Finance and Investment Board

Friday, 23 December 2011 01:10 - - {{hitsCtrl.values.hits}}

Trade Finance and Investment Ltd. announced yesterday that Hiran Cooray had resigned from its Board of Directors with effect from 21 December 2011.

He resigned in order to comply with a directive on corporate governance issued by the Central Bank of Sri Lanka which stipulates that a director of finance of a company shall not hold office as director in more than 20 companies/societies/bodies corporate, including associate companies and subsidiaries of the finance company.