The Board of Directors of People’s Bank announced the appointment of Clive Fonseka as the Chief Executive Officer/General Manager (CEO/GM), effective from August 1, 2023. He has been functioning as the Acting CEO/GM of the bank since 1 January 2023.
A veteran in the industry and throughout his illustrious career spanning 30 years, Fonseka has demonstrated exceptional expertise in Treasury Management, garnering respect from peers and industry experts alike.
During his tenure as President of the Association of Primary Dealers from 2018 to 2020, Fonseka showcased outstanding leadership and spearheaded significant contributions to the financial sector.
Fonseka’s deep understanding of financial markets and benchmark interest rates led to his pivotal role in the Market Working Group on the Domestic Financial Market Infrastructure Development Project at the Central Bank of Sri Lanka (CBSL). His insights and expertise have been invaluable in shaping the country’s financial landscape.
Presently, Fonseka serves as a Non-Independent Non-Executive Director at various esteemed institutions, including People’s Leasing & Finance PLC, People’s Leasing Property Development Limited, and LankaPay (Pvt) Limited, among others. His involvement in these organizations further underscores his commitment to fostering excellence within the industry.
Before joining People’s Bank in 2002, Fonseka held senior positions at renowned financial institutions such as American Express Bank and Standard Chartered Bank, showcasing his ability to thrive in diverse and challenging environments.
