NSB appoints Shashi Kandambi as new GM/CEO

Shashi Kandambi, a leading professional in the banking sector, assumed office as the 19th General Manager/CEO of National Savings Bank (NSB) this week.
Kandambi was Senior Deputy General Manager of International Banking at Sampath Bank, where she had a long-standing and successful career. Her banking experience spans over 35 years, including 10 years in corporate management. She has a proven track record of successfully developing and executing strategic plans, managing financial resources, risk mitigation and maintaining strict corporate governance standards. 
She also has expertise in customer focus, innovation and technology, regulatory compliance and crisis management. 
NSB appoints

The positions held by her at Sampath Bank include Senior Deputy General Manager Corporate Banking and Deputy General Manager Credit.
She holds an MBA from the Postgraduate Institute of Management, University of Sri Jayewardenepura, a Postgraduate Diploma in Business and Finance from CA Sri Lanka and a Diploma in Banking from the Institute of Bankers Sri Lanka. She is a Director of the Institute of Bankers Sri Lanka. She is also a past President of the Association of Professional Banks, Sri Lanka.  

A simple ceremony was held at the bank to mark the occasion. Bestowing religious blessings, Bambalapitiya Vajiraramaya Chief Incumbent and Amarapura Sri Dhammarakshitha Nikaya Anunayake, Most Ven. Thrikunamale Ananda Thera, emphasised that the concept of saving and thrift is significant to empower the country as well as the individuals financially and NSB, which carries the mandate of inculcating the habit of saving, since its inception, immensely contributes towards ensuring the financial security of the nation. Most Ven. Thrikunamale Ananda Thera further observed that Kandambi, as the new General Manager/CEO of NSB, would strengthen its mission of bringing the population under the savings net. 
Addressing the gathering, the bank’s Chairperson Dr. Harsha Cabraal PC reminded that as a bank and individuals, we have tread upon a difficult path and now reached the year 2024, passing yet another year full of challenges, grievances and hardships. 
The employees of the bank have been the pillar of strength behind the bank’s resilience and success. Dr. Cabraal warmly welcomed Kandambi to the NSB family and invited to join hands with the excellent team of employees to take the bank to greater heights.    
Kandambi, as the new General Manager/CEO, addressed the gathering and noted that NSB, having more than 4000 service points, can achieve a competitive edge, by maintaining the human connection in the service offered by the bank, while ensuring that the technology is in the forefront of our strategy. She guaranteed her strong commitment and will towards steering the bank amidst the challenges to realise the corporate goals.   
The members of the board of directors, corporate and executive management of the bank and representatives of the trade unions were present at the event.