Respected banker and business leader Aravinda Perera steps into the role of Chairman of Pan Asia Bank on August 11, 2023, after functioning as Deputy Chairman of the Bank since May 2021 and as Board Member since August 2017.
A veteran in the banking industry, Aravinda Perera has garnered valuable expertise as the Managing Director of Sampath Bank PLC from January 2012 until his retirement in September 2016.
Pan Asia Bank also announced that Jayantha Rangamuwa is stepping down from the position of Chairman of Pan Asia Bank with effect from August 10, 2023, after serving for a maximum term of nine years as per governance regulations. In his capacity as Chairman, Rangamuwa steered the Bank to financial stability through a period of extreme economic turbulence that prevailed over the last couple of years in the country.
Perera is also presently the Managing Director of Royal Ceramics Lanka PLC and Chairman of Singer Finance (Lanka) PLC, and a Director of Hayleys PLC, Hayleys Aventura (Private) Ltd., Fentons Ltd and Hayleys Advantis Ltd. Nihal Kekulawala, has been appointed as the Deputy Chairman of Pan Asia Bank. He was appointed to the Board of Pan Asia Bank in August 2016.
