Seylan Bank PLC announced Chief Executive Officer changes. The company announced retirement of Mr. Kapila Prasanna Ariyaratne with effect from April 30, 2023 and appointment of Mr. Ramesh Joseph Jayasekara with effect from May 1, 2023 as Chief Executive Officer at the board meeting held on April 25, 2023. Mr. Ramesh Joseph Jayasekara is a Non-Independent/Executive Director on the board.

Mr. Ramesh Jayasekara was the Deputy Chief Executive Officer of the Seylan Bank PLC prior to his appointment as the Director/Chief Executive Officer of the Bank. He holds a first class honours degree from the University of Colombo. He is an Associate Member of the Institute of Chartered Accountants of Sri Lanka, Chartered Institute of Marketing, United Kingdom, Association of Chartered Certified Accountants, United Kingdom and Certified Management Accountants of Sri Lanka.

Mr. Jayasekara joined Seylan Bank PLC in 2011 as Chief Financial Officer and was appointed as the Chief Risk Officer in 2016. He was the Deputy General Manager – Corporate Banking of the Bank from 2018 to 2019. In January 2020, he was promoted to the grade of Senior Deputy General Manager.

In January 2021, he was made the Chief Operating Officer of the Bank and in terms of succession was appointed the Deputy Chief Executive Officer in September 2022. Mar. Ramesh Jayasekara is also a Non-Executive Director of Seylon Developments PLC since November 2012.

Prior to joining Seylan Bank PLC, was the Deputy Regional Financial Controller of the French Banking giant BNP Paribas, Middle East Region – (Bahrain, Saudi Arabia, Kuwait, Qatar, Dubai, Abu Dhabi & Cyprus) based in Bahrain. He has also worked at HSBC Sri Lanka as Resident Manager – Finance & Planning and at KPMG Sri Lanka as an Audit Manager. He has 20 years of experience in Banking, Strategic Planning, Financial Management, Risk and Audit both locally and internationally.