Acuity Partners has appointed Damith Pallewatte as its new Chairman, succeeding Thimal Perera, CEO of DFCC Bank PLC, who completed his two-year tenure. With over 28 years of extensive experience in the banking sector, including senior corporate management positions, Pallewatte brings a wealth of knowledge and leadership to his new role. Currently serving as the Acting CEO at Hatton National Bank PLC, Pallewatte has held various key positions within the banking industry, including Deputy General Manager of the Wholesale Banking Group, overseeing crucial business verticals.
Ray Abeywardena, Managing Director of Acuity Partners, expressed delight in welcoming Pallewatte as the new Chairman, citing his expertise in banking, risk management, and financial structuring. Abeywardena emphasized Pallewatte’s proven leadership capabilities, highlighting their significance as Acuity Partners aims for exponential growth and expansion of services. Pallewatte’s appointment comes at a critical time, following Perera’s steady leadership during turbulent economic conditions in Sri Lanka.
Pallewatte’s academic background includes an MBA from PIM-SJP, a BSc. Management (Hons.) from the London School of Economics, and prestigious certifications from the Chartered Institute of Management Accountants (UK) and the Global Association of Risk Professionals (GARP). With his impressive credentials and extensive experience, Pallewatte is poised to provide strategic guidance and oversight to Acuity Partners, ensuring the firm continues to deliver exceptional value to its clients and stakeholders.
As Acuity Partners transitions under Pallewatte’s leadership, there is anticipation for continued growth and innovation within the firm. Pallewatte’s leadership will play a pivotal role in navigating Acuity Partners through dynamic market landscapes and fostering sustainable business practices. With a focus on delivering excellence and maintaining a client-centric approach, Acuity Partners aims to solidify its position as a leading player in the financial services industry under Pallewatte’s stewardship.