The Board of Directors
Bank of Ceylon (UK) Ltd is governed by a locally established Board of Directors. This comprises six directors of whom two are locally-based non-executives, two are non-executive directors from the parent bank and two executive directors being the Chief Executive Officer and the Chief Operating Officer. The Board of Directors benefits from a mix of relevant skills. All directors include the control and governance of the bank within their remit of responsibilities and each director also has specific responsibilities, based on their experience.
Mr. David Swanney Independent Non-Executive Director
Mr David Swanney is a chartered accountant and a retired banking regulator, with industry experience as Group MLRO for a major UK banking group. He is the author of the Joint Money Laundering Steering Group's anti-money laundering guidance for the UK financial sector. David had a twenty year career at the Bank of England, and latterly the FSA, mostly in banking supervision, followed by a two year spell in industry.
From late 2002 to the end of 2018 he worked with the British Bankers' Association/JMLSG on financial crime and money laundering prevention issues. From 2006 to 2011 he was a public member of the International Audit and Assurance Standards Board.
David is a non-executive director of the UK subsidiaries of a number of overseas banks, and also is non-executive chairman of another UK bank.
Mr. Roy England Independent Non-Executive Director
Mr Roy England serves as an independent non-executive director, a role he holds with another City based financial institution which he has fulfilled since 1 January 2002. Prior to that, Mr England served as Advisor to the General Manager of the institution, which like Bank of Ceylon (UK) Ltd existed as a London Branch before the subsidiarisation. He is an associate of The Institute of Bankers.
Mr. Aruna Kumara Chief Executive Officer/Executive Director
Over 20 years of experience in Banking and Finance with the biggest bank in Sri Lanka including valuable overseas exposure with its subsidiary Bank in London. Specialised in Treasury and fund management, Investment Banking, Corporate Banking, Risk Management, and Digital Transformation.
Prior to taking over the duties as the CEO of Bank of Ceylon (UK) Ltd, spearheaded the digital transformation of its parent bank and managed the bank’s digital product portfolio and global payment card schemes. A keen Fintech enthusiast, closely associated with Fintech payment providers and the global payment card industry to improve financial inclusion and digital adoption in Sri Lanka.
In-depth knowledge and exposure in Treasury, fund management, and investment Banking as a treasury professional. Former Chief Trader of Bank of Ceylon (UK) Ltd, a stint in London that helped to transform the subsidiary business model into a profitable venture. A former corporate banker, Relationship Manager at the Corporate Credit Department of Bank of Ceylon, Sri Lanka.
Holds a BSc. (Hons.) Degree in Physics and postgraduate studies in Financial Mathematics. A certified Financial Risk Manager (FRM) of the prestigious Global Association of Risk Professionals (GARP), USA. Associate member of the Institute of Bankers of Sri Lanka (AIB). Former member of the National Payment Council (NPC) of the Central Bank of Sri Lanka.
