Dr.Harsha Cabral appointed HNB Acting Chairman

Following the resignation of top professional Dinesh Weerakkody as the Chairman of Hatton National Bank PLC (HNB) with effect from today due to personal reasons, Dr.Harsha Cabral has been appointed as the Acting Chairman of the bank during an emergency meeting held before the bank's Annual General Meeting this morning, Mirror Business learns.

Weerakkody, who served as the Chairman for three years, did not offer himself for re-election at the today’s AGM.

Top lawyer Dr.Cabral joined the HNB board in September 2019 as a Non-Executive Independent Director.

The government holds over 23 percent stake in HNB through several State-owned entities, while Harry Jayawardena-controlled entities have nearly 18 percent stake, though his voting rights are limited to 10 percent.