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    BOARD OF DIRECTORS
 
   
Mr Rajan Brito
Chairman


Mr Rajan Brito is Deputy Chairman and Managing Director of Aitken Spence & Company Limited. He joined the Board of DFCC Bank in March 2005.

Mr Brito is also Chairman of DFCC Vardhana Bank Limited. He is a former Chairman of Sri Lankan Airlines and was a Former Member of the Strategic Enterprise Management Agency (SEMA) and post-tsunami Presidential Task Force for Rebuilding the Nation (TAFREN)

He is a Chartered Accountant by profession. He also holds a Bachelors Degree in Law and a Masters Degree in Business Administration. He brings with him a wealth of management expertise having served in local and international companies such as Pricewaterhouse, British EverReady PLC, Minmetco Group, World Bank and the Public Enterprises Reform Commission (PERC).


 
       
   
Mr T Caglayan
Director


Mr Turan Caglayan is Head of New Business Asia for the German Investment Development Company - DEG which offers a full package of services to promote private enterprise in Africa, Asia and Latin America as well as Central and Eastern Europe. He joined the Board of DFCC Bank in August 1999.

Mr Caglayan started his career with Deutsche Bank, Frankfurt. In 1992, he joined DEG as an Investment Manager responsible for project management and acquisition of new projects in India, China, the Solomon Islands and Papua New Guinea. As a Senior Investment Manager, Mr Caglayan took over responsibilities for projects in several European countries as well.

In 1999, Mr Caglayan started his duties as Head of Department for South Asia, the Philippines and Turkey. As Head of Portfolio Management he now holds responsibility for a portfolio of nearly Euro one billion.


 
       
   
Mr G G R Dalchow
Alternate Director to T Caglayan


Currently, Director of the Colombo Office of Kreditanstalt fur Wiederaufbau (KfW) of Germany. KfW Banking Group is one of the ten biggest banks in Germany, with a balance sheet total of EUR376 billion as at 31 December 2007. He joined KfW in 1987 and was Senior Project Manager for development projects in South and East Asia. After the German re-unification, he was advisor to the former Central Bank of East Germany and was assigned to the Treuhandanstalt, Berlin, an institution for the reconstruction of East German public owned enterprises. He also served as the Director of the KfW office in Beijing.

A Financial Analyst, Tax Counsel and Certified Public Accountant, he aslo has MBA.

 
       
   
Mrs S Cooray
Government Director


Director General of the Department of External Resources of the Ministry of Finance and Planning. Served on the Boards of the Sri Lanka Electricity Company (Pvt) Limited, Sri Lanka Tourist Board, Board of Investment and the National Development Bank.

She holds a B A (Hons) and B Phil, from the University of Colombo, Sri Lanka, and a M A in Economic Development, Institute of Social Studies, The Hague, The Netherlands.

 
       
 

 
Mr A N Fonseka
Cheif Executive Officer
Ex-Officio Director


Mr Nihal Fonseka is a career banker and joined the Board of DFCC Bank in January 2000 with his appointment as Chief Executive.

Mr Fonseka is a Director of Commercial Bank of Ceylon Limited, Credit Information Bureau of Sri Lanka and is the Chairman of the Colombo Stock Exchange. He is also a Member of the Governing Board of the National Institute of Business Management (NIBM) and the Postgraduate Institute of Management (PIM), Sri Lanka. He served on the Advisory Committee on Finance and Banking of the Ceylon Chamber of Commerce, Insurance and Financial Services Committee of the National Chamber of Commerce of Sri Lanka.

He is a Member of the Financial Sector, Taxation and Legal Reforms Clusters of the National Council for Economic Development (NCED) and Co-Chair of the Capital Markets Cluster of NCED. In recent years he has served as a Member of the Government's Strategic Enterprise Management Agency, the post-tsunami Presidential Task Force for Rebuilding the Nation and the Task Force on SMEs. He is also a Member of the National Payments Council.

He is a Graduate of the University of Ceylon, Colombo and a Fellow of the Chartered Institute of Bankers, UK.

 
       
   
Mr S N P Palihena
Director


Mr S N P Palihena is the Former General Manager of the Bank of Ceylon. He has had a distinguished banking career extending over 40 years at the Bank of Ceylon. He joined the Board of DFCC Bank in October 2002.

He also serves as a Director on the Boards of several public/private companies. Mr Palihena has wide experience in all aspects of commercial banking, having headed important business units of the Bank of Ceylon. He has also worked at the National Development Bank of Sri Lanka for a period of two and a half years.

He is a Fellow of the Chartered Institute of Bankers, UK and a Fellow of the Institute of Bankers, Sri Lanka. He also holds a Postgraduate Diploma in Business and Financial Administration.

 
       
   
Mr Chrisantha Perera
Director


Mr Chrishantha Perera retired as Chairman/CEO of Forbes & Walker in June 2005 after a career spanning 44 years. He joined the Board of DFCC Bank in July 2005.

Mr Perera currently serves on the Committee of the Ceylon Chamber of Commerce and is a Director of the Sri Lanka Business Development Centre. He is also on the Boards of two Plantation Companies and their respective Holding Companies and is the Chairman of Avondale Tea Factories (Pvt) Limited and Anglo Ceylon Estates (Pvt) Limited. He is a serving Committee Member of the Hill Club, Nuwara Eliya and the Colombo Rowing Club.

Mr Perera was a former Chairman of the Bank of Ceylon, Sri Lanka Insurance Limited, Sri Lanka Tea Board and the Public Enterprises Reform Commission (PERC).

 
       
   
Mr D S Weerakkody
Director


Mr Dinesh Weerakkody was a former Chairman/CEO of the Employees Trust Fund Board, Sri Lanka, and Advisor to the Prime Minister of Sri Lanka from January 2003 to April 2004. He joined the Board of DFCC Bank in June 2003.

Mr Weerakkody was the Director, Human Resources of GlaxoSmithKline, Sri Lanka from January 1998 to November 2005. He is currently the Managing Director of Cornucopia Sri Lanka, and a Director of GlaxoSmithKline, Sri Lanka and Commercial Bank of Ceylon Limited.

Mr Weerakkody is an eminent writer and a leading economic commentator who holds a Masters Degree in Business Administration from the University of Leicester, England. He is an Associate of the Chartered Institute of Management Accountants (CIMA), UK. He is also a Council Member of CIMA,
Sri Lanka Division. He has received extensive training at the Institute of World Affairs in the USA and Matsushita Institute of Government and Management in Japan.
 
       
   
Mr G P Karunaratne
Director


Mr Gamini Karunaratne retired as Senior Deputy General Manager - International and Investment Banking, Hatton National Bank Limited in May 2006. He joined the Board of DFCC Bank in June 2006.

Mr Karunaratne counts over 40 years of banking experience, specializing in International Trade Finance, Treasury Operations and Investment Banking. He is a founder member and a past President of the Sri Lanka Forex Association and a former director of HNB Securities Limited and HNB Stockbrokers (Pvt) Ltd. He has also served as a member of the consultative Committee to the Central Bank of Sri Lanka for the Development of the Financial Market in Sri Lanka.

Mr Karunartne is a Fellow of the Chartered Management Institute, UK. He is the immediate Past President of the Sri Lanka Branch of the Chartered Management Institute, UK.


 
       
   
Deshabandu Ajit Jayaratne
Director


Deshabandu Ajit Jayaratne retired after many years of service as Chairman of Forbes and Walker Limited, He joined the Board of Directors of DFCC Bank in September 2005 and is currently the Chairman of the Apollo Hospital, Colombo.

Currently, Mr Jayaratne serves on the Boards of several public companies. Mr Jayaratne has served as Chairman of the Colombo Stock Exchange, the Ceylon Chamber of Commerce and as the Finance Commission. Recently, he served as Sri Lanka's High Commissioner in Singapore.

Mr Jayaratne is a Chartered Accountant by profession and holds a Degree in Economics.


 
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