Former Pan Asia Banking Corporation (PABC) chairman Eshana De Silva has been appointed as a director and chairman of the National Development Bank PLC with effect from May 14, the bank announced on Thursday. He succeeds outgoing Chairman Kavan Ratnayaka who served the NDB Board for nearly five years as a director including the last year [...]

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Eshana De Silva appointed as NDB Chairman

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Eshana De Silva

Former Pan Asia Banking Corporation (PABC) chairman Eshana De Silva has been appointed as a director and chairman of the National Development Bank PLC with effect from May 14, the bank announced on Thursday.

He succeeds outgoing Chairman Kavan Ratnayaka who served the NDB Board for nearly five years as a director including the last year as the NDB Chairman before he handed in his resignation with effect from April 30, 2020.

Having built his career in the business world, Mr. De Silva currently serves in the capacity of Chairman of several companies including the Esna Group of Companies, Hanjin Shipping Lanka, Shermans Logistic (Pvt) Ltd, Star Leisure (Pvt) Ltd and Esna Holidays (Pvt) Ltd.

Mr. De Silva previously played a pivotal role at PABC as its Director, Deputy Chairman and Chairman respectively in 2008, 2012 and 2016. He retired as Chairman of PABC in 2017 after nine years of service, NDB said.

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