Jul 31, 2017

PABC gets new chairman

Longstanding Director Eshana De Silva retired as the Chairman of Pan Asia Bank Plc last week with G.A.R. Dimuthu Prasanna being appointed the new Chairman.

Eshana had completed nine years as a Director of Pan Asia Bank and according to Central Bank Corporate Governance requirements retired as Chairman and Director. He was the youngest to be appointed Chairman of Pan Asia Bank Plc.

Prasanna was appointed to the Pan Asia Bank Board in May 2012 and served as the Deputy Chairman from September 2016-25 January 2017. He stepped down as Deputy Chairman to make way for banking industry veteran Harris Premaratne to take up that post.

Prasanna, who has wide experience in various businesses and business management, is the Chairman of Grandmark Ltd. He is the Managing Director of Wise Property Solutions Ltd.

He serves as a Director on the boards of Royal Ceramics Lanka Plc, Royal Porcelain Ltd, Rocell Bathware Ltd, Delmege Forsyth & Co. (Shipping) Ltd, Country Energy Ltd, La Fortresse Ltd, Delmege Forsyth & Co. (Exports) Ltd, Delmege Insurance Brokers Ltd, Rocell Properties Ltd, Delmege Coir Ltd, Delship Services Ltd, Delmege Freight Services Ltd, Delmege Air Services Ltd, Lewis Brown Air Services Ltd, Hayleys Global Beverages Ltd and Lanka Tiles Plc.

With the latest changes, the Board of Pan Asia Bank Plc comprises G.A.R.D. Prasanna (Chairman), G.L.H. Premaratne (Deputy Chairman), N.R. Tillekeratne (Director/CEO), T.G. Thoradeniya, T. Igarashi, T. Murakami, J.S.B. Rangamuwa, M.A. Abeynaike, A.A. Wijepala, H.N.J. Chandrasekera, H. Ota and J.D.N. Kekulawala.