Acuity Partners appoints Damith Pallewatte as Chairman

Acuity Partners yesterday announced the appointment of Damith Pallewatte as its new Chairman. Pallewatte takes over the reigns from Thimal Perera, CEO – DFCC Bank PLC, who completed his 2-year tenure as Chairman (2022-2024).
Pallewatte counts over 28 years of experience in the banking sector, including over 14 years in senior corporate management positions.

He currently serves as the Acting Chief Executive Officer at Hatton National Bank PLC. Prior to same, he was the Deputy General Manager of the Wholesale Banking Group, overseeing key business verticals including Large / Emerging Corporates, Project Finance, Transaction Banking, Trade Finance, Financial Institutions, Custody & Trustee Services and Islamic Banking. He has also held the positions of Deputy General Manager Risk/Chief Risk Officer/Chief Information Security Officer at Hatton National Bank.

‘We are delighted to welcome Pallewatte as our new Chairman,’ said the Managing Director of Acuity Partners, Ray Abeywardena. ‘His knowledge of banking, risk management, and financial structuring, coupled with his proven leadership capabilities, will be invaluable inputs as we grow exponentially and expand our services range’, he stated.
Pallewatte holds an MBA from PIM-SJP, a BSc. Management (Hons.) from the London School of Economics and is a Fellow of the Chartered Institute of Management Accountants (UK), a Chartered Global Management Accountant, and a Certified Financial Risk Manager from Global Association of Risk Professionals (GARP).