New Leadership at RDB Bank
RDB Bank has officially announced the appointment of its new Board of Directors, effective from October 22. This strategic move marks a significant step forward for the bank as it aims to strengthen its leadership and drive towards its mission of empowering entrepreneurs and promoting financial inclusion.
The newly appointed Board consists of experienced professionals with a wide range of expertise in finance, development, governance, and management. Their collective knowledge and experience are expected to guide the bank in achieving its long-term strategic vision.
Chanura Wijetillake: A Veteran in Banking
Chanura Wijetillake is a well-known banking professional with over 35 years of experience in the industry. His career began at the Commercial Bank of Ceylon PLC, where he spent 14 years in senior and corporate management roles. During this time, he specialized in lending, compliance, and branch administration, playing a key role in introducing a Risk-Based Compliance Framework and Audit System.
Wijetillake’s contributions extended beyond his immediate responsibilities. He was instrumental in driving sales and profit growth across major regions within the bank. His expertise also led him to become a respected trainer and resource person, contributing to various programs aimed at branch managers, credit officers, and the Central Bank’s Centre for Banking Studies.
After retiring from the Commercial Bank of Ceylon PLC, Wijetillake continued to make an impact in the financial sector. He served as Assistant General Manager – Compliance at Softlogic Finance PLC and later as a Non-Executive Independent Director at People’s Leasing & Finance PLC. In these roles, he chaired and participated in several key board committees.
Wijetillake is recognized for his professional achievements and holds several prestigious memberships. He is a Fellow of the Institute of Bankers of Sri Lanka, an Associate Member of the International Professional Managers Association (UK), and a member of the Sri Lanka Institute of Directors. Additionally, he holds a Diploma in Management from ICFAI University, India.
Ranjith Kodituwakku: A Leader in Banking Governance
Ranjith Kodituwakku is another prominent figure in the banking sector, with over 40 years of leadership and governance experience. He previously served as Chief Executive Officer of People’s Bank and Chairman of several key institutions, including the Financial Ombudsman, Lanka Financial Services Bureau, and People’s Travels.
His extensive career includes directorships at various institutions such as People’s Leasing and Finance, People’s Insurance PLC, PMF Finance PLC, Lanka Alliance Finance Ltd (Bangladesh), Credit Information Bureau, Lanka Pay (Pvt) Ltd, and the Sri Lanka Banks’ Association. Kodituwakku has also contributed to the Institute of Bankers of Sri Lanka and the National Payment Council.
Kodituwakku’s academic background is equally impressive. He holds an MBA in Finance from the University of Colombo and an LLB from the UK. He is a Senior Fellow of the Institute of Bankers of Sri Lanka and a Certified Member of the Sri Lanka Institute of Marketing.
Conclusion
The appointment of these two seasoned professionals to the Board of Directors of RDB Bank is a testament to the bank’s commitment to excellence and innovation. With their combined expertise and experience, the bank is well-positioned to navigate the challenges of the financial sector and continue its journey of growth and development.