Mr. Anthony Nihal Fonseka was reappointed as a member of the
Monetary Board of the Central Bank of Sri Lanka (CBSL) with effect
from 26 May 2022. Previously, he served on the Monetary Board
from July, 2016 to May 2020.
He obtained his BSc Degree from the University of Ceylon,
Colombo and is a Fellow of the Chartered Institute of Bankers, UK
and a Honorary Fellow of the Chartered Institute of Securities and
Investments, UK. He is a Senior Independent Director and
Chairman of the Group Audit Committee of John Keells Holdings
PLC, Chairman of Phoenix Industries Ltd., Non-Executive Director
and Chairman of the Audit Committee of Brandix Lanka Ltd. and a
Non-Executive Director and Chairman of Investment Committee
of Phoenix Ventures Ltd.
A Banker by profession, Mr. Fonseka has held several key positions in the local and international
banking and financial sectors. He was the Chief Executive Officer of the DFCC Bank for over 13 years
and prior to that was the Deputy Chief Executive Officer of HSBC Sri Lanka for 10 years. He has also
served as the Chairman of the Colombo Stock Exchange and the Association of Development
Financing Institutions in Asia and Pacific, Manila and as a Director of Commercial Bank of Ceylon PLC,
and DFCC Vardhana Bank PLC. He was the President of the Sri Lanka National Advisory Council of the
Chartered Institute of Securities & Investments, UK for over 10 years and is a Member of the US-Sri
Lanka Fulbright Commission.
Mr Fonseka has held many positions in the public sector as well. He was a member of the 2009
Presidential Commission on Taxation and a member of the National Procurement Commission
established under the Constitution. He has served as a Director of the Credit Information Bureau and
the Employees’ Trust Fund and has been the Co-Chairman of the national Council for Economic
Development (NCED) – Capital Market Cluster.
Mr. Fonseka has authored many articles and made many presentations at seminars and conferences
locally and internationally.
