Bank of Ceylon (UK) Ltd Names Kavinda de Zoysa as New Chairman

Strategic Insights -

Bank of Ceylon (UK) Ltd, a wholly-owned subsidiary of BOC Sri Lanka and the only Sri Lankan bank in the UK, has appointed Kavinda de Zoysa as its new Chairman, following approvals from the relevant financial regulatory authorities in the United Kingdom. De Zoysa brings over 30 years of banking experience, including 25 years in senior leadership roles, and will leverage his expertise in strategic planning, innovation, and inclusive governance to drive the bank's growth and transformation. As Chairman of BOC Sri Lanka, he oversees a network of over 658 branches and an overseas presence in the UK, India, the Maldives, and Seychelles.

Key Takeaways:

  • Kavinda de Zoysa has been appointed as the new Chairman of Bank of Ceylon (UK) Ltd, bringing over 30 years of banking experience, including 25 years in senior leadership roles.
  • De Zoysa has expertise in strategic planning, innovation, and inclusive governance, which will be instrumental in steering the bank's next phase of growth and transformation.
  • He previously served as Director and Country Business Head at Citibank N.A. Sri Lanka, playing a core role in the country management team and various governance committees.
  • During his tenure at Citi, de Zoysa led the development and execution of strategic plans, landmark corporate finance and capital market transactions, and promoted digitisation.
  • Prior to joining Citi, he held roles at National Development Bank, Nations Trust Bank, and Seylan Bank, showcasing his diverse experience in the banking sector.
  • Bank of Ceylon (UK) Ltd has a proud legacy of over 75 years in the UK, serving as the 'Gateway to Sri Lanka' for individuals and businesses.
  • The bank operates as a subsidiary of BOC Sri Lanka, which is a wholly-owned state-owned commercial bank.

Statistics:

  • Bank of Ceylon (UK) Ltd has a network of over 658 branches.
  • The bank has an overseas presence in the UK, India, the Maldives, and Seychelles.
  • De Zoysa has over 30 years of banking experience.
  • He has spent 25 years in senior leadership roles.
  • BOC Sri Lanka, the parent institution, has over 2300 touchpoints.

Sources:

  • Bank of Ceylon (UK) Ltd press release announcement (no date provided)
  • BOC Sri Lanka website (www.boc.lk)
  • [No additional sources are mentioned in the original text.]