Former Pan Asia Banking Corporation (PABC) Chairman and head of Esna Group of Companies Eshana De Silva has been appointed as the new chairman of National Development Bank PLC (NDB). He succeeds Kavan Ratnayaka who submitted his resignation to take effect on 30 April 2020 citing ‘personal reasons’. NDB communicated this to the Colombo Stock Exchange (CSE) on 28th April in a corporate disclosure. Having built his career in the business world, Mr. De Silva currently serves in the capacity of Chairman of many Companies including the Esna Group of companies, Hanjin Shipping Lanka, Shermans Logistic (Pvt) ltd, Star Leisure (Pvt) Ltd, Esna Holidays (Pvt) Ltd and as a director of several other Companies such as in the Interocrean Group, in the Sherman Sons Group and of Fortress Resorts PLC. He is also the Honorary Consul for the Republic of Kazakhstan since 2011 to date. Mr. de Silva has previously played a pivotal role in Pan Asia Banking Corporation PLC (PABC) as its Director, Deputy Chairman and Chairman respectively in 2008, 2012 and 2016. He retired as Chairman of PABC in 2017 after 9 years of service. Whilst with PABC, Mr. de Silva was also Chairman of the Board Credit Committee and the Board Related Party Review Committee. Mr. de Silva also bags experience from his services rendered as a Director of the Board of Investment (BOI) from 2007-2013 where he also served as Chairman of the BOI Audit Committee. He has also served as a Board Member of the Sri Lanka Ports Authority from 2008-2013.
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