Joseph Soosaithasan
The State Mortgage & Investment Bank (SMIB) announced the appointment of Joseph Soosaithasan as the new Chairman of the bank.
Joseph’s appointment reflects SMIB’s commitment to ensuring stability and progress in delivering exceptional financial services to its valued customers. As a fully government-owned Licensed Specialized Bank with a history spanning over nine decades, SMIB has consistently demonstrated its reliability and trustworthiness in serving the financial needs of individuals and businesses in Sri Lanka.
General Manager of the State Mortgage and Investment Bank Thushara Asuramanna, said, “ This appointment comes at a pivotal moment for SMIB as the bank aims to further enhance its branch network and digital capabilities, delivering tailored financial services that align with the evolving requirements of its diverse customer base.”
Soosaithasan, an accomplished professional with over 26 years of experience in the Apparel
Manufacturing and Leisure Sectors in Sri Lanka and abroad. He has held significant positions, including General Manager at Timex & Fergasam Group and L. M. Collections (Pvt) Ltd, as well as Star Apparels (T) Limited in Tanzania. He also worked as a Management Consultant for
esteemed organizations such as KPMG, USAID, and Prime Exponents Inc in the Philippines.
Joseph Soosaithasan, the newly appointed Chairman of SMIB, shared,”I also hope to take our bank to the next level by harnessing the power of specialization in the vital sectors of Agri, Livestock, and Fisheries.
Embracing technology advancement as a catalyst for growth, identifying and implementing systematic changes too would be a priority.”