Sriyan Cooray, New NDB Chairman

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NDB bank plc (NDB) via the Colombo Stock Exchange yesterday announced the appointment of its independent non-executive director Sriyan Cooray as its new Chairman, effective from the beginning of next month (1 July 2022).

Cooray, a banker with 28 years of experience, having had served at HSBC, has been an independent non-executive director of NDB since 10 August 2018. He succeeds Eshana de Silva who will be resigning from this post at the month end (30 June 2022).

An accomplished banker with 28 years of experience at HSBC, Sri Lanka, Cooray has served in a wide range of areas ranging from Finance, Operations, Compliance, Administration and Retail Banking. He retired from HSBC – Sri Lanka and Maldives as the Chief Operating Officer in May 2018 – a position he held from 2007.  Cooray has also served on the HSBC Executive Committee for 25 years, as a member of the Board of Trustees of the HSBC Provident and Pension Fund, Chaired the Banking Technical Advisory Committee in 2015/2016 and served on many internal committees including the Assets and Liabilities Committee, Human Resource Policy Review Committee and HSBC’s IT Steering Committee.

He was also the Chairman of the Management Committee of HSBC which comprised of the bank’s second tier management and acted as the bank’s CEO on numerous occasions in the last 15 years of his banking career.

Prior to joining HSBC, Mr. Cooray has also been a part of Speville M & W Ltd; in the capacity of Financial Controller from 1987 -1990 and prior to that he was engaged with KPMG Ford Rhodes Thornton & Company, Chartered Accountants.

He is a fellow of the Chartered Institute of Management Accountants and has gained a wealth of expertise from the widespread executive development offered by the HSBC Group.

By Paneetha Ameresekere