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FT
Monday Nov 11, 2024
Thursday, 2 May 2013 00:00 - - {{hitsCtrl.values.hits}}
Jonathan Alles has been made Acting CEO and Executive Director at HNB from 1 May 2013. The move is pending Central Bank approval, whilst at present Alles is the Deputy CEO. He was previously announced to take up as CEO and Executive Director from 1 July 2013.
The decision to advance Alles’s position was following incumbent CEO Rajendra Theagarajah’s impending move to join NDB as CEO from August. At the time of original announcement (2 April) of Theagarajah’s retirement from HNB, from 30 June 2013, his shift to NDB wasn’t made known.
A week later (8 April), NDB announced Theagarajah will join the Bank as CEO designate from 1 August and as CEO and Director from 24 August subject to Central Bank approval. Incumbent CEO at NDB Russell de Mel retires on 23 August completing 33 years of service.
Alles takes over as CEO of HNB having well over 25 years of banking experience, most of it being with the HSBC Group locally and overseas. He has had a previous stint with HNB from 2002 to 2005 before taking over the role of COO at HNB in 2010 followed by Deputy CEO.
