Sri Lanka’s leading private sector retail bank, HNB PLC, announced two strategic additions to its Board of Directors with the appointment of distinguished banking industry luminaries, S. Renganathan and Nanda Fernando as Independent Non-Executive Directors, marking a significant enhancement to the Bank’s governance and strategic direction.
Both Renganathan and Fernando possess over four decades of experience and extensive track-records as transformative leaders in the banking industry. Renganathan is the former Managing Director/CEO of Commercial Bank of Ceylon PLC, where he was renowned for spearheading international acquisitions and expansions. Previously he has also served as a Director of the Lanka Financial Services Bureau Limited and the Sri Lanka Banks’ Association (Guarantee) Limited.
He has also served as a Council Member of the Employers Federation of Ceylon, Executive member of the Council for Business with Britain, Vice Chairman of the International Chamber of Commerce Sri Lanka, and Executive Member of the Ceylon Chamber of Commerce. Renganathan currently serves as a Member of the International Chamber of Commerce Sri Lanka Policy Advocacy Committee, Sri Lanka Institute of Directors and the Vice President of the Sri Lanka India Society.
He is also an Independent Non-Executive Director at Sunshine Holdings PLC, Sunshine Healthcare Ltd., Agility Innovations (PVT) Ltd, Janashakthi Insurance PLC, Ceylon Hospitals PLC, Lina Spiro (PVT) Ltd, Lina Manufacturing (Private) Ltd., Healthguard (Pvt) Ltd., Deputy Chairman of Damro Holdings Ltd and Chairman of Marino Leisure Holdings Ltd. He is a Fellow of the Chartered Institute of Management Accountants, UK (FCMA), Chartered Global Management Accountant (CGMA), Fellow of the London Institute of Banking & Finance, UK (FLIBF) and a Fellow of the Institute of Bankers Sri Lanka (FIB), and had received extensive Leadership, Management and Banking training locally and in overseas.
Nanda Fernando, known for his visionary role as the Managing Director of Sampath Bank, compliments the board with his in-depth knowledge and innovative approach to banking. Fernando has been instrumental in implementing cutting-edge banking technologies and customer service paradigms.
Currently, Fernando is the Managing Director of Professional Business Consultants, a company engaged in providing financial planning and advisory services. He is also a Director of Haycarb PLC, Dipped Products PLC, Hayleys Fabric PLC, Lanka Bangla Finance PLC, and Lanka Bangla Securities PLC. He is a Senior Fellow of the Institute of Bankers Sri Lanka and possesses a Master of Business Administration from Sikkim Manipal University, India.
The appointments are expected to enhance HNB’s leadership and fortify the Bank’s commitment to excellence and innovation.
