Veteran banker Senarath Bandara has been appointed as the Managing Director/CEO designate of Cargills Bank Limited, andwill commence his new role from September 8, 2020.
Bandara will take over as MD/CEO of the Bank with effect from October 1, 2020, subject to regulatory clearance.
He succeeds Rajendra Theagarajah who is due to step down on September 30, 2020.
Prior to his appointment, Mr. Bandara served as the General Manager/CEO of Bank of Ceylon (BOC), retiring from BOC after a service of 30 years.
Bandara, a Fellow of the Institute of Bankers of Sri Lanka, has served on several Boards of subsidiaries and associates of BOC in addition to Lanka Clear (Pvt) Ltd, and Credit Information Bureau.