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Colombo, Sri Lanka
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Market
New MD and COO at Commercial Bank
Saturday, 19 May 2012 02:00
Sri Lanka’s benchmark private bank Commercial Bank of Ceylon PLC has announced the appointments of Ravi Dias as Managing Director/Chief Executive Officer, and Jegan Durairatnam as Executive Director/Chief Operating Officer.
The Commercial Bank of Ceylon has entered into an agreement with Ceylinco Insurance PLC to offer the latter’s General and Life insurance products through the Bank’s islandwide network of branches.
The Commercial Bank of Ceylon PLC has achieved outstanding growth in key performance indicators to post record profit and operational growth in 2011 and end the year once again as the benchmark private bank in the country.
Hayleys PLC has announced the termination of the services of Fitch Ratings Lanka Limited as its rating agency, effective 9th January 2012.
Emirates has introduced special fares for students travelling to Australia, as part of the airline’s continuing support to Sri Lankans travelling overseas for higher education.