Kavan Ratnayake appointed as BOC Chairman

13 March 2024 05:25 pm Views - {{hitsCtrl.values.hits}} 13 Bookmark

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Colombo, March 13 (Daily Mirror)- Top professional Kavan Ratnayaka has been appointed as the Chairman of the State-run Bank of Ceylon (BOC), the bank announced today.

In a filing to the Colombo Stock Exchange (CSE), BoC said the new Chairman will take over his duties with effect from tomorrow (14). Ratnayaka takes over the position from Ronald C Perera, PC, who stepped down as Chairman yesterday.

Ratnayake had earlier served as Chairman of the Sri Lanka Ports Authority, the Sri Lanka Tourism Development Authority, and the Associated Newspapers of Ceylon (Lake House). He has also served as the Country General Manager of IBM Sri Lanka, Chief Executive Officer of Dialog Broadband, and the Chief Corporate Officer of Dialog Axiata PLC.

An old boy of Royal College, he holds a Bachelor of Science degree in Physics from the University of California.

Comments - 13

Dee Wednesday, 13 March 2024 05:49 PM

Good choice. But people will prefer some union goon in that position!

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Romesh Wednesday, 13 March 2024 06:08 PM

Crooks with backdoor access to the big boss gets a top seat

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Jayaratne Wednesday, 13 March 2024 06:35 PM

You forgot to mention he is Sagala Rathnayake's brother.

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Tissa Fernando Thursday, 14 March 2024 12:04 AM

Two qualifications family and school , our own man concept. But qualified to hold that position.

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Asanga Wednesday, 13 March 2024 07:17 PM

More importantly he is the elder brother of Sagala Ratnayake

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Sri Wickrema Wednesday, 13 March 2024 08:14 PM

Brother of Sagala. Nepotism?

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Bandu Thursday, 14 March 2024 05:07 AM

Why are you surprised because that is the way it is done in SL. But in this case there is justification as he is qualified and has no skeletons. Unlike all those kith and kin of politicos posted to our embassies in lower positions.

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Mahila Thursday, 14 March 2024 07:02 AM

Appointing a Tea Trader Brother-in-Law, with no prior experience in Diplomacy and Foreign Relations as Ambassador for Sri Lanka in Washington, OR appointing another, with No Airline Administration experience, amounts to NEPOTISM, which I Agree. However, If Kavan has the Professional qualifications and/or Experience in Administering or Banking, cannot be termed as NEPOTISM, because he happens to be Sagala’s Brother!!!??? That is HOGWASH!!??

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Kalum Wednesday, 13 March 2024 10:25 PM

Yet another crony enterprise family businese

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Amaran Wednesday, 13 March 2024 10:33 PM

Appointments to BANKS require banking experience. Banks cannot be managed by people with other business experiences. Having great knowledge of economic related subjects is very essential.

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මහ බැංකු හොරා Thursday, 14 March 2024 04:40 AM

Gota betrayed 6.5 million voters who backed him by appointing a corrupt politician like Ranil who only knows nothing about good governance. It's very unethical to appoint the brother of his chief of staff to the leading state owned bank in Sri Lanka.

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Sinna Friday, 15 March 2024 07:16 AM

Did Gota added his treachery to 6.1 million by handing over presidency to RW, I loved him as a rajapaksha without cunning mind,I love his departure without a single shot but his treachery to 6.1 million unable forgive

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Dan Thursday, 14 March 2024 10:24 AM

Can't be a relative of Sagala. Ranil hates Nepotism.

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