SEC appoints new Chairman | Sunday Observer

SEC appoints new Chairman

26 February, 2023
Faizal Salieh
Faizal Salieh

The Securities and Exchange Commission of Sri Lanka (SEC) appointed Faizal Salieh as the Chairman of the SEC on February 20.

Salieh holds a First Class Honours Degree in Economics with specialisation in Banking and Finance, MBA and FCPM. Salieh is the Chairman of the Sri Lanka Institute of Directors, which is committed to empowering Directors from the private and public sectors with insights and skills to assume their roles and to groom a new generation of Boardroom Leaders.

Salieh brings a wealth of experience to his job, having over 40 years of extensive experience in commercial and development banking in Sri Lanka and overseas. He was Chief of Corporate and Merchant Banking at ANZ Grindlays Bank; COO of NDB; Executive Director and CEO of NDB Housing Bank; founder MD and CEO of Amana Bank; and Senior Independent Director of Cargills Bank and HNB General Insurance.

Salieh played a operational leadership role in setting up Amana Bank as the first interest-free licensed commercial bank operating on the profit and loss sharing model in Sri Lanka.

He has held Board positions in several companies in the business of Banking, Finance, Insurance, Fund Management, Stockbroking, Manufacturing, Trading and Education; he has served on State University Boards, Ceylon Chamber of Commerce and several Government and Non-Governmental Committees in the fields of Finance, Economic Affairs, Housing, Construction and Tertiary Education.

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