Jayantha S.B. Rangamuwa, a highly acclaimed banker, has been appointed as the new chairman of the Pan Asia Bank with effect from today May 2. Mr. Rangamuwa, deputy chairman since January 2018, is an experienced professional with expertise in management, finance, credit and marketing with over 30 years of senior management exposure having held key [...]

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Jayantha S.B. Rangamuwa appointed chairman of Pan Asia bank

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Mr. Jayantha S.B. Rangamuwa

Jayantha S.B. Rangamuwa, a highly acclaimed banker, has been appointed as the new chairman of the Pan Asia Bank with effect from today May 2.

Mr. Rangamuwa, deputy chairman since January 2018, is an experienced professional with expertise in management, finance, credit and marketing with over 30 years of senior management exposure having held key positions at strategic and operational levels. He will take over the reins of the bank from the outgoing chairman, G.A.R.D. Prasanna, who announced his retirement with effect from May 1 from the Board of Pan Asia Bank after completing his term as a Director, the bank said in an announcement.

Mr. Rangamuwa has been the Managing Director of Vallibel Finance since its re-launch and Managing Director of Vallibel Properties (Pvt) Ltd and is a Fellow of the Chartered Institute of Marketing (UK) in addition to other qualifications.

Meanwhile veteran banker, Aravinda Perera has been appointed the bank’s deputy chairman from today. Appointed to the Pan Asia Bank Board in August 2017, he counts over 37 years in the banking sector and functioned as the Managing Director of Sampath Bank PLC from 1st January 2012, until his retirement in September 2016.

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