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Bio

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Rasitha Gunawardana is a seasoned banking executive with extensive experience in corporate governance, risk management, and leadership. He has held key positions at People's Bank, People's Leasing & Finance PLC, and Hatton National Bank PLC.

Experience

  • Hatton National Bank PLC
    • Colombo Sri Lanka
    • Independent Director
      • Jan 2022 - Present
      • Colombo Sri Lanka

    • Sri Lanka
    • Financial Services
    • 700 & Above Employee
    • Chief Executive Officer
      • Apr 2019 - Mar 2020

      Began tenure as CEO of one of Sri-Lanka's largest state banks in April 2019. Summary of the highlights during my tenureCEO of Sri Lanka's second largest bank in terms of total assets. Sri-Lanka's most profitable financial services group on a consolidated basis measured by profit after tax during the year 2018. Peoples Bank HighlightsThe industry's largest branch and service center with 737 centers island wide as at June 2019. The country's leader in financial services for digitally driven financial institutions. The County's largest pool of customer/customer accounts with it reaching over 19 millionValue of deposits increased to over Rs.1.4 TnTotal Assets Base increased to over 1.8 TnExternal Ratings AA+ (lka) Fitch Rating & AA+ Brand Finance RatingTotal contribution to Government of Sri Lanka LKR 12.8 Bn for 9 months in 2019Profit for the 9 months ended September 30, 2019Profit before Tax - LKR 13.5 BnProfit after Tax - LKR 9.2 Bn

    • Senior Deputy General Manager-Business Banking
      • Jan 2017 - Mar 2019

      Oversaw the entire corporate and enterprise loan book. This includes state owned enterprises and small and medium scale loans which account for over 50% of the Bank's overall loan book.

    • Deputy General Manager- Credit Control and Risk Management
      • Apr 2012 - Feb 2017

      As the Chief Risk officer, I played a significant role in introducing the bank's Risk Management Policies procedures and helped the bank to navigating through the 2012/2013 Gold loan crises. Succeeded in maintaining Bank's credit quality parameters in better shape than the peer Banks.

    • Board Member
      • Jan 2017 - Mar 2020

      I served as a Board Member at the following companies: People’s Leasing & Finance PLC (Sri-Lanka's largest leasing provider), Lankan Alliance Finance Limited (Bangladesh),People’s Insurance PLC, People’s Merchant Finance PLC, Credit Information Bureau of Sri Lanka. Lanka Financial Services Bureau. Institute of Bankers of Sri Lanka. Financial Ombudsman Sri Lanka (Guarantee) Ltd.

    • Management Audit Trainee
      • Jan 1980 - May 1982

      My job role at John Keells allowed me to gain a great introduction and understanding on a number of different sectors and understand key business dynamics. This included tea brokering, stock brokerage and inbound tour operators.

Education

  • 1980 - 1983
    CIMA
    Chartered Management Accountant of UK and Chartered Global Management Accountant, Accounting and Finance
  • ACI France
    ACIFMA, Treasury operations

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Industry Focus. “Banking”

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