Sriyan Cooray
Chair, Board of Directors (Independent)
Mr. Sriyan Cooray has served on the Board of Directors of National Development Bank PLC since August 2018 and is an Independent Non-Executive Director. He is currently the Chair, Board of Directors.
An accomplished banker with 28 years of experience at HSBC, Mr. Cooray has served in a wide range of areas ranging from Finance, Operations, Compliance, Administration and Retail Banking at HSBC and retired from HSBC - Sri Lanka and Maldives as the Chief Operating Officer in May 2018, which position he held from 2007. Whilst at HSBC, Mr. Cooray has also served on its Executive Committee for 25 years, as a member of the Board of Trustees of the HSBC Provident and Pension Fund, Chaired the Banking Technical Advisory Committee in 2015/2016 and served on many internal committees of HSBC including the Assets and Liabilities Committee, Human Resource Policy Review Committee and HSBC’s IT Steering Committee. He was also the Chairman of the Management Committee of HSBC which comprised the Bank’s second tier management and acted as the Bank’s Acting CEO on numerous occasions in the last 15 years of his banking career with HSBC. Prior to joining HSBC, Mr. Cooray has also been a part of Speville M & W Ltd, in the capacity of Financial Controller from 1987-1990 and prior to that he was engaged with KPMG Ford Rhodes Thornton & Company, Chartered Accountants.
Mr. Cooray is a fellow of the Chartered Institute of Management Accountants and has gained a wealth of expertise from the widespread executive development programmes offered by the HSBC Group.
He is currently an Independent Non-Executive Director of Janashakthi Finance PLC.
Kelum Edirisinghe
Director / Chief Executive Officer (Non-Independent)
Mr. Kelum Edirisinghe joined National Development Bank PLC in January 2024 after having completed 30 years with HSBC Sri Lanka and Maldives, where he held several key senior management positions, the last being the Chief Risk Officer of HSBC Sri Lanka and Maldives where he also served as the Chair of the Risk Committee. His banking experience at HSBC covers a variety of leadership roles in Enterprise-wide Risk Management, Commercial Banking, Fund Management, Debt Restructuring, Financial Analysis and Branch Banking.
Mr. Edirisinghe holds a BSc from the University of Manchester in association with The Chartered Institute of Bankers and a Master of Business Administration from Edith Cowan University, Australia. He also holds a Diploma in Financial Management from the Association of Chartered Certified Accountants and a certification on Treasury and Foreign Exchange Operations from Central Bank of Sri Lanka. Mr. Edirisinghe is a member of the Faculty Advisory Committee of the Centre for Banking Studies of the Central Bank of Sri Lanka.
Mr. Edirisinghe holds concurrent appointments such as, the Chairman of Development Holdings (Private) Limited and as a director of NDB Capital Holdings Limited, which are subsidiaries of the Bank. He also serves as a Director of the Sri Lanka Banks’ Association (Guarantee) Limited.
Bernard Sinniah
Director (Non-Independent)
Mr. Bernard Sinniah has served on the Board of Directors of National Development Bank PLC since March 2019 and is a Non-Independent Non-Executive Director.
He is a former Managing Director of Citibank and Global Head of FX Corporate Sales and e-FX Solutions. He retired in 2018 after 38 years, having started his career at Citibank Colombo, then moving to Citibank Australia, and ending his career based out of London.
Mr. Sinniah holds a Master of Applied Finance (Macquarie University, Australia).
Mr. Sinniah is the Chairman of NDB Capital Holdings Limited and also serves as a director in several of the Bank's other subsidiaries such as NDB Securities (Private) Limited, NDB Wealth Management Limited, NDB Investment Bank Limited, NDB Capital Limited (Bangladesh) and NDB Zephyr Partners Lanka (Private) Limited.
Sujeewa Mudalige
Director (Independent)
Mr. Sujeewa Mudalige has served on the Board of Directors of National Development Bank PLC since January 2020 and is an Independent Non-Executive Director.
Mr. Mudalige has vast experience as the Audit Committee Chair in both public and private sector organisations. Mr. Mudalige was a director of Hatton National Bank PLC from 2012 to 2019 and was a Chair and member of several of its Board subcommittees during his tenure with HNB. He also served as a Commission Member of the Securities and Exchange Commission of Sri Lanka from 2023 to 2024 and held several positions both locally and globally during the span of his career.
He counts over 30 years of experience as a Chartered Accountant. He is a FCA (ICA - SL), FCMA (CIMA – UK), FCCA (ACCA – UK) and FCPA (CPA – Australia). He is also a past President of ICASL and has been a member of the Council of ICASL and of the governing board of CIMA UK, Sri Lanka Division.
Mr. Mudalige holds directorships, chairmanships, and other positions across multiple listed and unlisted companies as well as other organisations.
Kushan D’Alwis
Director (Independent)
Mr. Kushan D’Alwis has served on the Board of Directors of National Development Bank PLC since July 2020 and is an Independent Non-Executive Director.
Mr. D’Alwis is a President’s Counsel in Sri Lanka with over 34 years of experience as an Attorney-at-Law. He has an extensive practice in the fields of civil, corporate, commercial and administrative law before the Supreme Court, Court of Appeal, Civil Appellate High Court, Commercial High Court and District Courts within Sri Lanka. He also has experience in alternate dispute resolution mechanisms such as arbitration, advising on corporate legal matters, regulatory frameworks, compliance requirements and legal due diligence. Mr. D’Alwis has served as a Member of the Law Commission of Sri Lanka, Member of the Public Representations Committee on Constitutional Reforms, Member of the Panel of Legal Advisors to the Tax Appeals Commission, Member of the National Council for Economic Development (NCED) of the Ministry of Finance and Planning, Vice Chairman of the Rent Board of Review, Member of the Executive Committee of the Bar Association of Sri Lanka, Representative of the Sri Lanka Bar Association to the Business Recovery and Insolvency Practitioners’ Association of Sri Lanka (BRIPASL), Vice President of the Colombo Law Society and Vice Chairman of the Civil Aviation Authority of Sri Lanka.
Mr. Kushan D’Alwis currently serves as a Director of Ceylon Tobacco Company PLC and Vurthiya Lanka (Pvt) Ltd.
Kasturi Chellaraja
Director (Independent)
Ms. Kasturi Chellaraja has served on the Board of Directors of National Development Bank PLC since October 2022 and is an Independent Non-Executive Director.
Ms. Chellaraja commenced her career in 1988 as an audit trainee. She joined Hemas in 2002, where she held many senior management positions and served as Group CEO from 2020 to 2024, becoming the first female CEO of a listed conglomerate in Sri Lanka. She has also served on the Boards of several other Hemas subsidiaries including healthcare and consumer sectors. She was also the immediate past president of the Sri Lanka Chamber of the Pharmaceutical Industry and has also served as a Council Member of the National Sports Council of Sri Lanka till March 2022 and has served on the Board of SLID (Sri Lanka Institute of Directors), CIMA Sri Lanka and Board of the Lankan Angels Network (LAN) – a leading start up eco system in Sri Lanka. She was recognized as one of the twelve Top Women Change-Makers in the country in 2019 by the Parliament of Sri Lanka and was also recognized as one of the ten ‘Wise Women’ impactful leaders of Sri Lanka by the Ministry of Skills and Vocational Education in 2022. Ms. Chellaraja has also represented Sri Lanka as a member of the National Netball and Basketball Teams.
Ms. Chellaraja is a Fellow of the Chartered Institute of Management Accountants, and is an alumni of the Senior Executive Leadership Program at Harvard Business School.
Ms. Chellaraja is currently the Chief Operating Officer (Head of APAC) of 5 hour international Corporation and she serves on the Boards of Capital Alliance Limited and Senkadagala Finance PLC as a Non-Executive Director. Ms. Chellaraja is an active member of several industry associations and currently serves on the main committee of the Ceylon Chamber of Commerce and in April 2022 she was appointed as the Regional Champion for the World Bank for South Asia.
Shweta Pandey
Director (Independent)
Ms. Shweta Pandey has served on the Board of Directors of National Development Bank PLC since April 2023 and is an Independent Non-Executive Director.
Ms. Pandey was one of the founding team members and COO & Senior Vice President of Airtel Payments Bank in India. She has also served as a Digital Finance Advisor to IFC/World Bank Group clients in Sri Lanka and India on large scale digital transformation projects.
She holds an MBA from MIT Sloan School of Management (USA), an MSc in Economic Management & Policy (UK), and a BA in Economics (India). Recognized for her leadership, she was named to the BW 40 Under 40 “Elite Club 2022” and honored by MIT Sloan as a Principal Innovative Leader of the Future and Influential Change Maker.
She currently serves on the board of Maha Microfinance in Myanmar as IFC Nominee Director and also on the Boards of Maha Microfinance and Trikuta Hills Essentials Divine Products (Private) Limited.
Hasitha Premaratne
Director (Independent)
Mr. Hasitha Premaratne has served on the Board of Directors of National Development Bank PLC since June 2023 and is an Independent Non-Executive Director.
Mr. Premaratne is the Managing Director of Brandix Group, leading its overall strategy and transformative journey in Sri Lanka and overseas. Prior to this role, he served as Group Finance Director and Chief Strategy Officer. Before joining Brandix, he was Head of Research at HNB Stockbrokers (Private) Limited and has over a decade of experience as a lecturer for CIMA (UK), winning ‘Tutor of the Year’ at the CIMA Global Financial Management Awards in 2009. He has also been engaged with ACCA (UK) in Sri Lanka, India, Singapore, and the Philippines. He was previously a Director at Bank of Ceylon, chairing the Board Risk and Nominations Committees, and has served on the Board of CIMA Sri Lanka, the Sri Lanka Accounting and Auditing Standards Monitoring Board, and as a Committee Member at the Ceylon Chamber of Commerce.
Mr. Premaratne holds an MBA in International Finance and a BSc in Computer Science. He is a Fellow Member of CIMA (UK), ACCA (UK), and CMA (SL), and is also a Chartered Global Management Accountant (CGMA).
In addition to his role as the Managing Director of Brandix Group, Mr. Premaratne sits as a Director on several Brandix Group subsidiaries and integrated ventures. Beyond Brandix, he also occupies key leadership positions and board roles in a number of companies and organizations, both in Sri Lanka and internationally.
Sanjaya Mohottala
Director (Non-Independent)
Mr. Sanjaya Mohottala is a Senior Advisor to Boston Consulting Group (BCG), where he was previously a Managing Director and Partner. With over 16 years of experience at BCG, he has advised Infrastructure Funds, Principal Investors and Private Equity (PIPE) clients, Sovereign Wealth Funds (SWF), banks, multinational corporations, and regional enterprises across the Indo-Pacific, the EU, and the US. His areas of expertise include strategy, mergers and acquisitions, investments, restructuring, operational improvement, sales and marketing, digitization, and AI & advanced analytics. He has also led multiple merger discussions, post-merger integrations, and co-led largescale global transformation programs.
Mr. Mohottala currently serves on the boards of Softlogic Life Insurance PLC, Orbital Kinetic Pte. Ltd., Ifinity Pte. Ltd., and several other companies. He previously held key public sector roles, including Chairman of the Board of Investment, and board member positions at the Export Development Board, Sri Lankan Airlines, the International Chamber of Commerce – Sri Lanka etc.
He holds an MBA from the UCLA Anderson School of Management (as a Fulbright Scholar), a BSc (Hons) from the University of Moratuwa, is a qualified Management Accountant (CIMA), and holds a Postgraduate Diploma in Marketing (CIM). He is a Fulbright Scholar and was named one of LMDCIMA’s 50 Business Icons and Trailblazers in 2021. Mr. Mohottala is the nominee of Norwegian Investment Fund for Developing Countries (“NORFUND”) on the NDB Board.