Industry Analysis

Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer

Union Bank has appointed Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective August 16, 2024. With over two decades of experience in the banking sector, Mr. Rodrigo’s leadership marks a pivotal moment for Union Bank as it seeks to navigate Sri Lanka’s evolving banking landscape and focus on innovation and customer-centric strategies in the digital era.

Mr. Rodrigo expressed his commitment to driving growth and expanding Union Bank’s footprint, particularly in the retail and SME sectors. He highlighted the bank’s strong capital position, which will be leveraged to enhance its digital capabilities and service excellence. Additionally, the bank will continue to support sustainable entrepreneurship through the Union Bank School of Social Entrepreneurship (UBSSE).

Chairman Mr. Nirvana Chaudhary welcomed Mr. Rodrigo, noting that his experience and dedication to digital transformation align perfectly with the bank’s vision of becoming one of Sri Lanka’s top five banks within the next 3-5 years. Mr. Rodrigo’s leadership is expected to be instrumental in achieving the bank’s strategic goals and driving shareholder value.

Mr. Rodrigo’s career includes key roles across various sectors, including banking, insurance, investment banking, and apparel. His most recent position was as Executive Director and Chief Operating Officer at Hatton National Bank (HNB). He has also held leadership positions at HNB Finance PLC, Lanka Financial Services Bureau, HNB Assurance PLC, and Guardian Acuity Management Ltd. He serves as a Director at the Credit Information Bureau of Sri Lanka and is actively involved with the Sri Lanka Institute of Directors (SLID) and the Asian Bankers Association. Mr. Rodrigo holds an MBA from Cranfield University, UK, and is a Fellow of the Chartered Institute of Management Accountants (FCMA) and the Association of Chartered Certified Accountants (FCCA).