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. Kanchana Ratwatte Chairman

Mr Kanchana Ratwatte was appointed as the Chairman of Bank of Ceylon in December 2019. He is a Lawyer by profession and has an LLB degree from the University of Colombo.

During his legal career, he has appeared on behalf of corporate clients and individuals in both civil and criminal areas of the law.

He has held public sector positions as the Director General of the Telecommunications Regulatory Commission of Sri Lanka. Chairman of the Sri Lanka Standards Institution and the Ceylon Shipping Corporation among other organisations in his career.

He brings a wealth of experience in public sector processes and regulations in the fields of commerce and administration due to his extensive experience in heading these public sector institution.

He also has extensive experience in administration and commerce, being a member of the board of directors of several private sector enterprises in the fields of IT, security data printing, software development, BPO, insurance broking and securities.

He had his primary and secondary education at Trinity College Kandy.

Mr. Dhanapla Sumanasiri Non- Executive Director

Mr Dhanapla Sumanasiri is the current General Manager/CEO of Bank of Ceylon, Sri Lanka. He is a career banker who joined Bank of Ceylon in 1990 as an officer and has served in many capacities before being appointed CEO in 2021. His contribution in Corporate Banking and as head of Bank of Ceylon’s operations in the North of Sri Lanka towards restoring economic activities in the aftermath of the end of hostilities is a significant milestone in his career.

Mr Sumanasiri is also a Director of the Institute of Bankers of Sri Lanka, the Credit Information Bureau of Sri Lanka and many of Bank of Ceylon’s subsidiary and associate companies.

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. Prageeth Balasuriya Chief Operating Officer/Executive Director

Mr. Prageeth Balasuriya graduated from the University of Sri Jayewardenepura, Sri Lanka in Bachelor of Science with core subjects of Computer Science, Mathematics and Physics.

He holds two Masters Degrees from University of Colombo, Sri Lanka of one is an MBA in Finance and a Master in Arts in Financial Economics with a merit pass. He is an Associate member of Institute of Bankers of Sri Lanka (AIB).

He has completed Intermediate Level of Chartered Institute of Management Accountant (CIMA) and was awarded the Advanced Diploma in Management Accounting.

He joined the Parent Bank in 2003 as a Management Trainee and experience in Treasury, Corporate Recoveries, Corporate Banking and Project Financing.