Dinesh steps down as HNB Chairman, Cabral appointed Acting Chairman

Top professional Dinesh Weerakkody yesterday stepped down as Chairman of Hatton National Bank PLC whilst Dr. Harsha Cabral PC was made Acting Chairman.

Weerakkody who was due to retire from his office as a Director had notified HNB that he was not offering himself for re-election. The move by Weerakkody, who steered the HNB in a professional manner, was due to personal reasons. He was appointed as HNB Chairman in May 2018 after he joined as an Independent, Non-Executive Director in June 2017.

HNB’s single largest private shareholder is business tycoon Harry Jayawardena whilst funds/institutions owned or influenced by the state control 27% stake. 

Previously Weerakkody served as Chairman of Commercial Bank Plc and was a Director on the Board of DFCC Bank.