Asoka Pieris assumed duties as Chairman of the Board of Directors of Cargills Bank PLC on July 3, 2024. He was previously the Deputy Chairman of the Board. He succeeds Richard Ebell, who retired from the Board upon completion of the maximum permissible tenure on the Board of a bank as per the Banking regulations.
Pieris is an Independent Non-Executive Director of Cargills Bank and has been a member of the Board of Directors since January 2023. He has a wealth of experience in the fields of finance, marketing, and manufacturing, both in Sri Lanka and abroad. He has held many leadership roles, most recently as the Managing Director of Cargills Retail (Pvt) Ltd.
In addition, he has served on the boards of several other companies, including Cargills (Ceylon) PLC, Singer (Sri Lanka) PLC, Hatton National Bank PLC, Singer Finance (Lanka) PLC, Commercial Leasing Company PLC and the First Capital group of companies. Pieris holds professional affiliations including being an Associate Member of the Institute of Chartered Accountants of Sri Lanka, a Fellow Member of the Chartered Institute of Management Accountants, UK and a Certified Global Management Accountant.
Managing Director / CEO of Cargills Bank Senarath Bandara, stated “We reflect with immense gratitude and appreciation on the contribution of Richard Ebell to the progress of Cargills Bank. He joined the Board during the infancy of the bank, and his contribution across multiple Board sub-committees and later as Chairman of Cargills Bank has been invaluable.”
“Asoka Pieris’s extensive experience, foresight and proven track record will undoubtedly support the bank as we look forward to our next phase of growth.”
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